Question 24 The Litton Company has established standards as follow Direct materiak 3 pounds per unit @ 54 per pound 512 Direct labor: 2 hours per unit @ $8 per hou 516 h Variable manufacturing overhead: 2 hours per unit @$5 bit hoxe 320 ps vit. Actual production figures for the past year at given below. The company recita dewasa are purchased 60 ali 2001 SIL 59.24 35.73 Units produced Direct material used Direct material paxhased (.000 pounds) Direct labor cost (1,100 hous) Variable manufacturing overhead continuartod The materials price variance is $400 U $400 F $600 U $600F Question 25 9800 5000 Question 25 Tavis Robotics Corporation has developed a new tooted P1-bottobre best-selling robot. The competitor's product has a usted We of 2016 tone terbaru per hour, and sells for $114.000. In contrast, moded P73 as a web e 2200 round wit $2.85 per hour. Tavis has not yet established a selling price termodin. From a value-based pricing standpoint what range of possible prices hold Tak.com $288.000 s Valuy based prices $472.000 $202.000 s Value-based price $288.000 $114.000 s Value-based price 5202,000 $114,000 s Value-based prices $40.000 D Question 26 Minden Corporation estimates that the following costs and activity would be socialed the product A