Question 52 Acompany employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the prime contos dolore nero s 200 pound $ 2.00 per Standard Standard Standard Quantity Price Cost to pou $20 'nds 00 bred Labor 0.20 hour hour 5 30 During November, the company purchased 231.000 pounds of direct materials at a total cost of $50.200. The total factory wages for November were of which were torre The company manufactured 22.000 units of product during November using 200.000 pounds of direct materials and 5000 Orect labor hours. What is the direct borrate variance for November 54200 S600 A company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following sta product Standard Quantity Standard Price $ Direct Materials To pou 2.00 per $ nds pound Standard Cost 20. 00 1.8 0 $ 21 80 Direct Labor 0.20 hour $ 9.00 per hour During November, the company purchased 231.000 pounds of direct materials at a total cost of $508,200. The total factory wages for November were $4 The company manufactured 22,000 units of product during November using 200,000 pounds of direct materials and sooo direct labor hours. for November