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Lexxx Company makes a widget that is known worldwide for its high quality! These widgets sell for $50 each. The standard cost card is shown

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Lexxx Company makes a widget that is known worldwide for its high quality! These widgets sell for $50 each. The standard cost card is shown below: Standard Cost Card - Lexxx Widget DM 2.4 pounds X $4.00/# $ 9.60 DL 0.50 DLH $20/DLH 10.00 FOH 0.50 DLH $9/DLH 4.50 (Variable = $2/DLH, Fixed - $7/DLH) Standard Cost $ 24.10 . . This period, 9.000 widgets were produced. Normal capacity this period was 10,000 widgets. The following actual data was gathered: Sales - the 9,000 widgets produced were sold for a total of $453,000. DM - 22,000 pounds of DM were purchased and used in production at a cost of $83,600 DL-4,300 DLH were used at a total cost of $94,600. V FOH - Actual Variable FOH was $9.400. F FOH - Actual Fixed FOH was $37.000. . . . Let's examine direct materials (DM) variances. Let's examine direct materials (DM) variances. (a) The DM COST variance is [Select] (d) The total DM variance for the period is (Select]

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