19) 20) 21) 22) thanks!!! will give thumbs up!!

19. A favorable labor rate variance indicates that A. Actual hours exceed standard hours B. Standard hours exceed actual hours C. The actual rate exceeds the standard rate D. The standard rate exceeds the actual rate 20. Elliott Corporation makes and sells a single product. Last period the company's labor rate variance was $14,400 unfavorable. During the period, the company worked 36,000 actual direct labor-hours at an actual cost of $338,400. The standard labor rate for the product in dollars per hour is: A. $9.00 B. $9.40 C. $8.50 D. $8.10 21. Danny Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.20. During the month of August, Danny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. What is Danny's labor rate variance for August? A. $1,188 Favorable B. $1,188 Unfavorable C. $2,160 Favorable D. $2,160 Unfavorable 22. Emily Corporation's cost of goods manufactured for the just completed month was $146,000. The beginning finished goods inventory was $35,000 and the ending finished goods inventory was $37,000. How much was the cost of goods sold? A. $181,000 B. $146,000 C. $144,000 D. $139,000