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Based on predicted production of 12,000 units, a company anticipates $150,000 of fixed costs and $123,000 of variable costs. The flexible budget amounts of foed

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Based on predicted production of 12,000 units, a company anticipates $150,000 of fixed costs and $123,000 of variable costs. The flexible budget amounts of foed and variable costs for 10,000 units are: $125,000 fixed and $102,500 variable. $125,000 fixed and $123,000 variable. $102.500 fixed and $150,000 variable. $150,000 fixed and $123,000 variable. S150,000 fixed and $102,500 variable. Preu A company provided the following direct materials cost information. Compute the total direct materials cost variance. $810,000 Standard costs assigned: Direct materials standard cost (405,000 units @ $2/unit) Actual costs: Direct Materials costs incurred (403,750 units @ $2.20/unit) $888,250 o $2,500 Favorabl. o $78,250 Favorable o $78,250 Unfavorabl. o $80,750 Favorabl. o $80,750 Unfavorabl. Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $12/hr.) Actual hours worked Actual rate per hour $ 48 per unit 12,250 $ 12.50 Multiple Choice $6,125 unfavorable. $7,000 unfavorable. $7,000 favorable. $21,000 favorable. $14.875 favorable

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