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The standard number of hours that should have been worked for the output attained is 8000 direct labor hours and the actual number of direct labor hours worked was 8300 . If the direct labor price variance was $4150 unfavorable and the standard rate of pay was $7.0 per direct labor hour, what was the actual rate of pay for direct labor? $7.50 per direct labor hour $5.50 per direct labor hour $7.00 per direct labor hour $6.50 per direct labor hour Waterway Industries manufactures a product with a standard direct labor cost of two hours at $16 per hour. During July, 2500 units were produced using 5200 hours at $16.3 per hour, The labor quantity variance was $1760U. $3260F. $3200U. $3260U. The total variance is $38000 unfavorable. The total materials variance is $17000 unfavorable. The total labor variance is twice the total overhead variance. What is the total overhead variance? $3500 $7000U $10500U $17000U Crane Company manufactures a product with a standard direct labor cost of two hours at $17 per hour. During July, 1400 units were produced using 3000 hours at $17.3 per hour. The labor price variance was $3400U. $4300F. $4300U. $900U. Concord has a standard of 2 hours of labor per unit, at $20 per hour. In producing 1800 units, Concord used 3450 hours of labor at a total cost of $70035. Concord's labor price variance is $1965F. $1035U. $3045F. $2100U. Vaughn Manufacturing produces a product that requires 2.60 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.30 pounds and 0.10 pounds, respectively. The purchase price is $3 per pound, but a 2% discount is usually taken. Freight costs are $0.40 per pound, and receiving and handling costs are $0.06 per pound. The hourly wage rate is $11 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.10 per hour, and employee benefits average $2.20 per hour, Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively, The standard direct materials price per pound is $3.40. $3.46. $3.00. $2.94