5)____ 5) The standard materials cost to produce un aru materials cost to produce 1 unit of Product Ris 9 pounds of material at a standard price of $53 per pound. In manufacturing 5000 units, 44,000 pounds of material were used at a cost of $54 per pound. What is the total direct materials cost variance? A) $54,000 unfavorable. B) $54,000 favorable. C) $9000 unfavorable. D) $45,000 unfavorable. E) $9000 favorable. 6) - 6) An estimate of an asset's value to the company, calculated by discounting the future cash flows from the investment at the project's required rate of return and then subtracting the initial amount of the investment, is known as: A) Net present value. B) Unamortized carrying value. C) Annual net cash flows. D) Payback period. E) Rate of return on investment. 7) Identify the situation below that will result in a favorable variance. A) Actual expenses are higher than budgeted expenses. B) Actual income is lower than expected income. C) Actual revenue is higher than budgeted revenue. D) Actual revenue is lower than budgeted revenue. E) Actual costs are higher than budgeted costs. 8) 8) Western Company is preparing a cash budget for June. The company has $11,600 cash at the beginning of June and anticipates $30,400 in cash receipts and $35,300 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15.000 to the bank. To maintain the $10,000 required balance, during June the company must: A) Borrow $10,000 B) Repay $3300. C) Borrow $3300 D) Repay $6700 E) Borrow $4900