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Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (3 lbs @ $1/lb)
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (3 lbs @ $1/lb) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced points $3 per finished unit $26,250 140,000 lbs. 35,000 units eBook Multiple Choice o $26,250 favorable $35.000 unfavorable ooo $35,000 favorable. $8,750 favorable 0 $26,250 unfavorable Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25.000 units. The direct materials quently variances w Direct materials standard (7 kg. $1.55/kg) Actual cost of materials purchased Actual direct materials purchased and used $10.85 per finished unit $240, 250 141,000 kg 1.1 0 $31000 unfavorable 0 $52.700 unfavorable 0 O $52.700 favorable 0 $21700 untavorable 0 $21700 favorable The following company information is available. The direct materials quantity variance is: Direct materials used for production Standard quantity for units produced Standard cost per gallon of direct material Actual cost per gallon of direct material 37,000 gallons 35,500 gallons $12.00 $12.10 points eBook Multiple Choice O $21700 unfavorable. O $10,400 unfavorable O $18,000 unfavorable $21,700 favorable O $10,400 favorable -govcu w require... A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. The job consisted of 7100 units and was completed in 19,300 hours at a total labor cost of $172,800. What is the direct labor rate variance? Multiple Choice 1 400 vorable $18.400 favorable 3000 Soooo
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