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MUVIUM DUM WIve this se Questions Mid City Products Inc (MCP), developed standard costs for direct material and direct labor, in 2020. MCP stated the

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MUVIUM DUM WIve this se Questions Mid City Products Inc (MCP), developed standard costs for direct material and direct labor, in 2020. MCP stated the following standard costs for one of them Budgeted quantity Budgeted price Direct materials 2 pounds 52.30 per pound Direct labor 0.40 hours $15.00 per hour During September. MCP produced and sold 1.000 units using 2.200 pounds of direct materials at an average cost per pound of $2.00 360 direct labor hours at an average wage of $15.15 per hour The direct material efficiency variance during September is a $460 favorable b. 5400 unfavorable c. $460 unfavorable d. $400 favorable > Moving to another question will save this response. Moving to another question will save this response. Question 10 Roosevelt Incorporated developed standard costs for direct material and direct labor. In 2020. Roosevelt estimated the following standard costs for one Budgeted quantity Budgeted price Direct materials 0.10 pounds $30 per pound Direct labor 0.40 hours $20 per hour During July. Roosevelt produced and sold 4,000 containers using 600 pounds of direct materials at an average cost per pound of 528. . using 1.300 direct manufacturing labor hours at an average wage of $19 per hour. The direct manufacturing labor price variance during July is a. $1.300 unfavorable b. 51.200 unfavorable OG $1.200 favorable d. 51.300 favorable Moving to another question will save this response

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