Assume the following information (the quantity of materials purchased the quantity used): Actual total cost of direct materials Direct materials price variance Standard quantity of materials allowed per unit Standard price per pound of material Standard rate per direct labor hour Actual total direct labor hours Direct labor efficiency variance Standard number of direct labor hours allowed per unit Actual number of units of finished goods produced $ 65,560 $ 5,960 U 3 pounds $ 4.00 $ 5.00 6,500 $ 3,500 F 2 hours 3,600 What is the standard quantity of pounds allowed for the actual level of output? Multiple Choice 10,800 pounds o o o 10,600 pounds 10,500 pounds 10,300 pounds Assume the following information appears in the standard cost card for a company that makes only one product: Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours 5 pounds 2 hours 2 hours Standard Price or Rate $ 11.00 per pound $ 17.00 per hour $ 3.00 per hour Standard Cost $ 55.00 $ 34.00 $ 6.00 During the most recent period, the following additional information was available: 20,000 pounds of material was purchased at a cost of $10.50 per pound. All of the material that was purchased was used to produce 3,900 units. . 8.000 direct labor-hours were recorded at a total cost of $132,000. The actual variable overhead cost incurred during the period was $25,000. Assuming the company uses direct labor-hours to compute its predetermined overhead rate, what is the variable overhead spending variance? Multiple Choice O $1,600 F O. $1,600 U O $1,000 U $1,000 F