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answer starting at 5 down DUSLS The budget was to manufacture and sell 5,200 units Direct Materials: 4 pounds per unit @ $2.00 per pound

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DUSLS The budget was to manufacture and sell 5,200 units Direct Materials: 4 pounds per unit @ $2.00 per pound Direct Labor: 1.5 hours per units @ $15 per hour ne company sold 5,000 units and had the following costs: Direct Materials: 19,500 pounds that cost $41,480 Direct Labor: 8,000 hours that cost $118,900 Required 1. Calculate the amount actually spent on direct materials 2. Calculate the flexible budget for direct materials 3. Calculate the amount of the flexible budget for direct materials 1. is the flexible budget variance for direct materials favorable or unfavorable? 5. Calculate the amount of the price variance for direct materials. 6. If the price variance on direct materials favorable or unfavorable? 7. Calculate the amount of the efficiency variance on direct materials 8. Is the efficiency variance on direct materials favorable or unfavorable 9. Calculate the flexible budget variances for direct materials and direct labor 10. Calculate the amount of the flexible budget for direct materials 11. Is the flexible budget variance for direct materials favorable or unfavorable? 12. Calculate the amount of the price variance for direct materials. 13. If the price variance on direct materials favorable or unfavorable? 14. Calculate the amount of the efficiency variance on direct materials 15. Is the efficiency variance on direct materials favorable or unfavorable 16. Calculate the flexible budget variances for direct materials and direct labor

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