Question 5 Crane Company expects direct materials cost of $8 per unit for 100000 units (a total of $800000 of direct materials costs). Crane's standard direct materials cost and budgeted direct materials cost is Standard Budgeted $8 per unit $800000 per year $8 per unit $8 per unit $800000 per year $8 per unit o $800000 per year $800000 per year Question 11 A company developed the following per unit standards for its products: 2.50 pounds of direct materials at $7.3 per pound. Last month, 1400 lbs of direct materials were purchased for $4200. The direct materials price variance for last month was O $6020 unfavorable. O $2408 favorable. O $4200 favorable. O $6020 favorable. Question 15 Accounts receivable arising from sales to customers amounted to $50000 and $58000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $178000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is O $178000. $170000. $186000. O $228000