Q2: compute the variances Alfurat Company has the following information available for March when 4,200 units were produced (round answers to the nearest dollar) Standards: Material 4.0 pounds per unit @ $5.25 per pound Labor 6.0 hours per unit @ $10.00 per hour Actual: Material purchased 17,500 pounds @ $5.10 Material used 16,700 pounds 25,500 direct labor hours @ $9.85 per hour Refer to Kimberly Company. What is the material quantity variance? Unlocks Icon Subscribe to Course Hero to unlock this document (2) jm Refer to Alfurat Company. What ? is the material price variance b. $2,505 F O c. $2,625 F O a. $2,505 U d. $2,625 F O (2) si Refer to Alfurat Company. What is the material quantity ? variance b. $ 525 U O d. $3,675 U 0 a. $510F O c. $ 525 F O (2) Refer to Alfurat Company. Assume that the company computes the material price variance on the basis of material issued to production. What is the total material ?variance d. $3,030F O c. $3,030 U O b. $1,050 F O a. $1,050 U O