Assignment Gradeb ORION Downloadable eTextbook OPM / Remawing 48 min. Multiple Choice Question 124 Crane Companymanufactures a product with a standard direct labor cost of two hours at $18 per hour. During July, 1500 units were produced using 3500 hours at $18,30 per hour. The labor price variance was O $10050 F $9000 U. $1050 U. $10050 U. Question Attempts: 0 of 1 used SAVE FOR LATER SUPET ANSWER to se Saved! A G Crane Companymanufactures * tunter ce Assignment Gradebook Ok.. Downloadable eTextbook sent 7:46 PM / Remaining: 48 min. Multiple Choice Question 71 Swifty Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.1 per pound, and receiving and handling costs are $0.03 per pound. The hourly wage rate is $12 per hour, but a raise which will average $0.3 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.2 hours and 0.1 hours, respectively. The standard direct materials price per pound is $2.09. 52.13. 51.96 $2.00. Question Attempts: 0 of 1 used SAVE FOR LATER SUSPEIT ANSWER WO