Question 12 Fast Foto bought a new high-speed photo copier to offer customers the opportunity to the pictures. Its useful life is 7 years. The copier costs $7,710 and will generate how 11012.550 the second year, and $2.160 every year after. The residual value of the copier is $1.250. The wytak periodinis detto 6.17 years 2.95 years 2.48 years 201 years Question 13 Oliver Enterprises has collected the following data for one of its products: Direct materials standard is $0.53 per pound Actual Quantity Direct Materials Purchased: 39,000 pounds Actual Quantity Direct Materials Used: 34,000 pounds Actual Price paid per pound: $0.57 How much is the direct materials price variance