QUESTION 11 Which of the following is a part of manufacturing overhead? B finished goods inventory raw materials indirect materials direct labor QUESTION 12 Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and data, compute the direct materials price variance Direct materials purchased and used 90.000 pounds Price paid for direct materials $4.00 per pound Number of good units produced 9000 units $45,000 (favorable) $45,000 (unfavorable) 599,000 (Favorable) $54,000 (Favorable) QUESTION 42