Question 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 preso nuo Standard Quantity 1 pou ndi 0.20 hour Standard Cost 320 00 Direct Materia 12.00 per pound Direct Labor hour $21 30 During November, the company purchased 231.000 pounds of direct materials at a total cost of $500.00. The total factory wages for November were 5000 which were force The company manufactured 22.000 units of product during November using 200.000 pounds of direct materials and 5000 direct labor hours What is the dret aborrate variance for November letion Status 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 5 36 37 38 39 400 41 42 43 44 45 46 47 48 49 50 51 52 employs a standard cost system in which direct materials inventory is carried at standard cost. The company has establis Standard Quantity trials 10 pou Standard Price $ pound $ 9.00 per hour 2.00 per $ nds 0.20 hour Standard Cost 20. 00 1.8 0 $ 21. 80 member, the company purchased 231,000 pounds of direct materials at a total cost of $508,200. The total factory wages fc ny manufactured 22.000 units of product during November using 200.000 pounds of direct materials and 5000 direct lab