Oliver Enterprises has collected the following data for one of its products Direct materials standard (2 pounds per unit @ $0.60/1b.) Direct materials flexible budget variance -unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced $1.20 per finished good $10,000 30,000 pounds 27,000 units What is the total actual cost of the direct materials used? O A. $42,400 O B. $32,400 O C. $36,000 OD. $22,400 Speaker City designs and manufactures high-end home theater speakers. Speaker City uses a standard variable overhead rate of 3 hours per unit at a cost of $4.00 per hour. Data for the month of June shows that Speaker City produced 500 units and recorded actual variable overhead costs of $14,500. What is the total variable overhead variance for the month of June? O A. $8,500 favorable O B. $12,500 favorable OC. $8,500 unfavorable OD. $12,500 unfavorable The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 37,000 Actual rate per hour $21.00 Standard rate per hour $20.00 Standard hours for units produced 27,000 How much is the direct labor rate variance? O A. $27,000 unfavorable O B. $37,000 favorable O C. $27,000 favorable OD. $37,000 unfavorable