MC Qu. 140 Fletcher Company collected the following... 6 Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. 1 points Direct materials standard (6 lbs. @ $2/lb.) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 12 per finished unit 200,650 lbs. 33,000 units $398,940 eBook References Multiple Choice $5,300 unfavorable. $2,360 unfavorable. $2.940 unfavorable. $2,940 favorable. O $2,360 favorable MC Qu. 142 Fletcher Company collected the following... 9 Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance. 1 points Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor 25.50 per finished unit 92,900 hrs. 46,000 units $1,253,550 Book References Multiple Choice $80,550 unfavorable. $69,075 favorable. O $80,550 favorable. $69,075 unfavorable. $11,475 unfavorable. MC Qu. 138 Fletcher Company collected the following... 7 1 Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials cost variance. Direct materials standard (4 lbs. @ $4/lb.) $ 16 per finished unit Actual direct materials used 88,000 lbs. Actual finished units produced 21,000 units Actual cost of direct materials used $338,330 points eBook DO References Multiple Choice $16,000 favorable. $2,330 favorable. $13,670 favorable $2,330 unfavorable. O $16,000 unfavorable. MC Qu. 46 A company provided the... 00 A company provided the following direct materials cost information. Compute the total direct materials cost variance. 1 points Standard costs assigned: Direct materials standard cost (411,000 units @ $2.00 / unit) Actual costs: Direct Materials costs incurred (409,750 units @ $2.20 / unit) $822,000 $981,450 eBook References Multiple Choice $81.950 Unfavorable. $79,450 Favorable. $79,450 Unfavorable. $81,950 Favorable. $2,500 Favorable. MC Qu. 95 A job was budgeted to require... 10 A job was budgeted to require 7 hours of labor per unit at $9.00 per hour. The job consisted of 8,900 units and was completed in 61,300 hours at a total labor cost of $563,500. What is the direct labor rate variance? 1 points Multiple Choice eBook $11,800 favorable. References $9,000 unfavorable $2,800 unfavorable. $11,800 unfavorable $9,000 favorable