\fQUESTION 6 ABC Industries makes heavy construction equipment. The standard for a particular crane calls for 20 direct labor-hours at $24 per direct labor-hour. During a recent period 875 cranes were made. The labor efficiency variance was $2,400 Unfavorable. How many actual direct labor-hours were worked? O A. 17,600 direct labor-hours O B. 17,450 direct labor-hours O C. 17,500 direct labor-hours O D. 17,550 direct labor-hours QUESTION 7 ABC Company has the following production data: Throughput time 4 hours Delivery cycle time 6 hours Process time 2 hours Wait time before production 1 hour The manufacturing cycle efficiency (MCE) for ABC Company is: O A. 509 O B. 259% O C. 20% O D. 75% QUESTION 8 ABC Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000 of the components each year. The unit product cost of the component according to the company's cost accounting system is given as follows: Direct materials $11.50 Direct labor 9.70 Variable manufacturing overhead 1.20 Fixed manufacturing overhead 4.30 Unit product cost $26.70 Assume that direct labor is a variable cost. Of the fixed manufacturing overhead, 709% is avoidable if the component were bought from the outside supplier. In addition, making the component uses 2 minutes on the machine that is the company's current constraint. If the component were bought, time would be freed up for use on another product that requires 4 minutes on this machine and that has a contribution margin of $8.00 per unit. When deciding whether to make or buy the component, what cost of making the component should be compared to the price of buying the component? (Round your intermediate calculations to 2 decimal places.) O A. $24.21 per unit O B. $25.50 per unit O C. $29.41 per unit O D. $22.00 per unit QUESTION 9 The standard cost card for one unit of a finished product shows the following: Standard Quantity or Hours Standard Price or Rate Direct materials 2 feet $? per foot Direct labor .5 hours $12 per hour Variable manufacturing overhead 1.5 hours $8 per hour If the total standard variable cost for one unit of finished product is $54, then the standard price per foot for direct materials is: