Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (3.00 hrs. @ $12.40/hr.) $ 37.20 per finished unit Actual direct labor hours 80,500 hrs. Actual finished units produced 26,600 units Actual cost of direct labor $1,000,520 Multiple Choice $11,000 favorable O $8.690 unfavorable O $11,000 unfavorable. O $2.320 favorable 0 $8,680 favorable. Dr 39 of 50 !!! Next > TB MC Qu. 08-135 Claremont Company sells... Claremont Company sells refurbished copiers. During the month, the company sold 145 copiers for total sales of $333,500. The budget for the month was to sell 140 copiers at an average price of $2,500. The sales price variance for the month was: Multiple Choice $29,000 unfavorable. O $25,000 unfavorable O $16.500 unfavorable. $16.500 favorable $29,000 favorable. TB MC Qu. 10-47 Chang Industries has... Chang Industries has 2,000 defective units of product that already cost $14 each to produce. A salvage company will purchase the defective units as is for $5 each. Chang's production manager reports that the defects can be corrected for $6 per unit, enabling them to be sold at their regular market price of $21. The $14 per unit is a: Multiple Choice Sunk cost O Out-of-pocket cost O Incremental cost Opportunity cost O Period cost