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xible Budgeti... M Inbox - aadenug2@ashland.edu - Ashland Univ.. Question Completion Status: A. (355) Unfavorable B. (355) Favorable C. 200 Unfavorable D. 200 Favorable QUESTION 9 Based on the information in Question 8, the Material Quantity Variance is A. (290) Unfavorable B. 270 Favorable O C. 100 Favorable O D. (300) Unfavorable QUESTION 10 Based on the information in Question 8, the Labor Rate Variance is A. 500 Favorable O B. (322) Unfavorable O C. (122) Unfavorable O D. (522) Unfavorable Save All Answers Close Window Click Save and Submit to save and submit. Click Save All Answers to save all answers.QUESTION 8 XYZ Company installs cable service for customers in Ashland, Ohio. In an attempt to better manage the material and labor cost on new cable installations, the company set the following standards for each cable installation: Information for Material and Labor Standard Variations Standard Per Unit Output: Per Each Install Direct Material Expected Price 1 Install Kit $ 58.00 Direct Labor 1.5 Hrs $ 18.00 At the end of January, XYZ company had the following results: Actual Results January: Number of Installs 350.00 Purchased & Used Actual Price Per Unit Direct Material 355.00 Install Kits $ 59.00 Actual Hours Used Actual Rate Per Hour Direct Labor Hours 522.00 Hrs $ 19.00 Based on this information, the Material Price Variance is Save All Answers Close Window Click Save and Submit to save and submit. Click Save All Answers to save all answers. WC (122) Unfavorable OD. (522) Unfavorable QUESTION 11 Based on the information in Question 8, the Labor Quantity Variance is A. 367 Favorable B. 54 Favorable C. 540 Favorable D. 400 Favorable Click Save and Submit to save and submit. Click Save All Answers to save all answers. 4 APR 19 tv