14idManufa overbadsts of $2oble budget at 3 with estimated overhead costs of overhead. Trepi total overhead costs at this level of activity? Company prepared a static budget of 40,000 direct labor hours, $200,000 for variable overhead and $60,000 for fixed d then prepared a flexible budget at 38,000 labor hours. How much is A) $250,000 B) $247,000 D) $190,000 15. Wayman Company uses flexible budgets. At normal capacity of 8,000 vases, budgeted manufacturing overhead is: $48,000 variable and $135,000 fixed. If Wayman had actual overhead costs of $187,500 for 9,000 vases produced, what is the difference between, actual and budgeted costs? A) $1,500 favorable B) $4,500 unfavorable C) $6,000 favorable D) S1,500 unfavorable 16. What is a standard cost? A) The amount management thinks should be incurred to produce a good or service B) The total number of units times the budgeted amount expected C) Any amount that appears on a budget D) The total amount that appears on the budget for product costs 17. An unfavorable materials quantity variance would occur if A) actual pounds of materials used were less than the standard pounds allowed. B) actual iabor hours used were greater than the standard labor hours allowed. C) actual pounds of materials used were greater than the standard pounds allowed. D) more materials were purchased than were used 18. Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $3 per pound and S10 per hour. The standard overhead rate is $12 per direct labor hour. The total standard cost of Fleck's productis A) S33 B) $21. C) $39 D) $25