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Somevody show me answer? Please put correct answer in the underlined space provided. ABC Company manufactures a variety of circuit boards. The standard costs for

Somevody show me answer?

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Please put correct answer in the underlined space provided. ABC Company manufactures a variety of circuit boards. The standard costs for one of its products are as follows: Direct material 5.0 pounds @ $ 4.80 per pound Direct labor 2.2 hours @ $ 13.50 per hour Actual results for the year are given below: Finished units 210,000 units Direct labor 435,000 hours @ $ 13.20 per hour Direct material purchased 1,115,000 pounds @ $ 5.10 per pound Direct matenal used 1,110,000 pounds Required: Calculate the following variances and state if they are favorable or unfavorable. a) Direct material price variance {2.5 Marks) Favorable ,r Unfavorable b} Direct material usage variance {2.5 Marks) Favorable ,r Unfavorable c) Direct labor rate variance {2.5 Marks) Favorable i Unfavorable d) Direct labor efciency variance (2.5 Marks) Favorable ,r Unfavorable

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