materials com from the sup found to p or t per f oot Para Bares are approximately 21 of direct the . co the mem er m A) $9.40 s B590 525.00 16.00 2) Which of the following A) S a direct ma afet per n dad 5095 per square foot B) director hours per unit D erdim labore 3) What does a c arance measure A) the change in costs over time B) the volume discount companies receive when ordering direct materials in large quantities the difference between the cost the company pays and the cost competitors pay D) how well the business kepsuit costs of material and labor inputs within standards 44) Aquatic Marine Stores Company manufactur a metallic materials and decorative fiting for luxury yachts that require highly skilled the gates standard cow to prepare its flexible budget. For the first quarter of the year direct materials and direct labor standards for one of the popular products were as follows: 4) Direct materials: 4 pounds per units per pound Direct labor: 2 hours per unit: $17 per hour During the first quarter, Aquatic produced 4000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials costat a production volume of 4000 units. A) $65,000 B) S96,000 $24,000 D) $16,000 45) 45) Which of the following will result in an unfavorable direct materials efficiency variance? A) the actual cost per unit of direct materials exceeds the standard cost of direct materials B) the actual quantity of direct materials used per unit is less than the standard quantity of direct materials allowed per unit the actual quantity of direct materials used per unit exceeds the standard quantity of direct materials allowed per unit D) the actual cost per unit of direct materials is less than the standard cost per unit of direct materials 46) Devon Company has collected the following data for one of its products 46 Direct materials standard (3 pounds @ $1/lb.) Direct materials flexible budget variance unfavorable $3 per unit $15,500 101,000 pounds 18,000 units Actual direct materials used Actual units produced What is the direct materials efficiency variance? A) $18,000 U B) $47,000 U $18,000 F D) $47,000 F