Question 16:- VBG Ltd. has developed the following standards for one of their products. Direct materials:20 pounds x 3 per pound. Materials purchased during the month: 600,000 pounds at 3.20 per pound. The materials price variance is a) 92,000 favourable b) O E112,000 unfavourable 120,000 favourable d) 92,000 unfavourable Question 17:- Which of the following factors is to be multiplied with contribution margin ratio to calculate profit? a) Unit contribution margin b) O Margin of safety Unit sales price d) Change in sales volume