Standard DM price per pound (Lbs): $20Standard DM needed per unit: 2 LbsStandard DL rate: $15 per hourStandard DL hours per unit: 2 hours of Direct Labor per unit*The actual DM used for 11000 units of production is 24200 lbs which means:24200 lbs / 11000 actual units produced = 2.2 lbs actual quantity of DM used per unitActual DL hours: 20000 hoursVariable Overhead Rate applied based on per DL hour: $10*Note: I am helping you here!AQ (AP-SP) = DM Price Variance(AQ x AP) - (AQ x SP) = -42000 Favorable (less spending for DM)$442,000 - (24200 x $20) = DM Price Variance442,000 - 484,000 = DM Price Variance$42,000 Favorable DM Price Variance1. After preparing DM variance analysis, what is the Material Quantity variance? 2. Material price variance : 3. Total Material spending variance: 4. Labor efficiency variance: 5. Labor Rate variance: 6. Total Direct labor spending variance:7. Variable overhead efficiency variance:8. Variable overhead rate variance9. Total variable overhead10. Total fixed overhead spending variance

D E Click in the boxed area beneath the word "Budget," and use the associated pick list to select alternative volume levels. The budget column values change (i.e., "flexible") based on volume. Examine the results and respond to the question at the bottom of the page, which will turn green upon selecting the correct response. 2 Budget Analysis for June, 20XX 3 4 Budget Actual 11,000 units Variance 5 6 Variable Manufacturing Direct material $ 442,000 $ 440,000 $ (2,000) 8 Direct labor 328,000 330,000 2,000 9 Variable factory overhead 215,000 220,000 5,000 10 Total variable costs $ 985,000 $ 990,000 $ 5,000 Fixed factory overhead 255,000 250,000 (5,000) 2 Total manufacturing costs $ 1,240,000 $ 1,240,000 $ 13 4 5 Which level of volume is consistent with the manager's claim? > > > > 11,000 units