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Multiple Choice 243,000 pounds. 240,000 pounds. 40,000 pounds. 480,000 pounds. 80,000 pounds. A company uses the following standard costs to produce a single unit of
Multiple Choice 243,000 pounds. 240,000 pounds. 40,000 pounds. 480,000 pounds. 80,000 pounds. A company uses the following standard costs to produce a single unit of output. During the latest month, the company purchased and used 58,000 pounds of direct materlals at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Varlable manufacturing overhead costs Incurred totaled $15,000 and fixed manufacturing overhead incurred was $10,400. Based on this information, the total direct labor varlance for the month was: Multiple Cholce $3.650 tavorable $2,450 favorable $1,200 unfavorable $1,200 favorable $2,450 unfavorable Parallel Enterprises has collected the following data on one of its products. During the perlod the company produced 25,000 units. The direct materials quantity varlance is: Multiple Cholce $27,500 unfavorable. $50,000 unfavorable. $50,000 favorable. $22,500 unfavorable. $22,500 favorable. eorgia, Incorporated has collected the following data on one of its products. The direct materlals quantity varlance is: Multple Cnolce $4.250 favorable. $25,750 favorable. $30,000 favorable. $25,750 unfavorable. $30,000 unfavorable
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