Question 1 2 pts Standard manufacturing costs Price per standard per unit Quantity quantity Direct Material (wood pulp) 1.5 lbs $0.50 $0.75 Direct labor 0.5 LH* $18.00 $9.00 Variable manufacturing overhead** 2 MH* $1.00 $2.00 Total cost per unit $11.75 *LH = labor hours; MH = machine hours **variable overhead is applied based on machine hours Actual manufacturing data Actual production 6,000 units 8,900 lbs of material costing $4,895 was purchased and used 3,200 direct labor hours were worked for a total cost of $57,920 11,800 machine hours were logged and total variable overhead was $14.750 What is the direct materials price variance? $50F $445F $500 $4450 Question 2 2 pts Standard manufacturing costs Quantity Price per Standard per unit quantity Direct Material (wood pulp) 1.5 lbs $0.50 $0.75 Direct labor 0.5 LH* $18.00 $9.00 Variable manufacturing overhead** 2 MH* $1.00 $2.00 Total cost per unit $11.75 *LH = labor hours; MH = machine hours **variable overhead is applied based on machine hours Actual manufacturing data Actual production 6,000 units 8,900 lbs of material costing $4,895 was purchased and used 3,200 direct labor hours were worked for a total cost of $57,920 11,800 machine hours were logged and total variable overhead was $14.750 What is the total direct materials variance? $1,855F $395F $395U $1,8550