TB MC Qu. 21-104 A company uses the following... A company uses the following standard costs to produce a single unit of output Direct materials Direct labor Manufacturing overhead 6 pounds at $1.00 per pound 0.60 hour at $9.00 per hour 0.60 hour at $4.90 per hour $6.00 $5.40 $2.94 During the latest month, the company purchased and used 56,000 pounds of direct materials at a price of produce 10,000 units of output. Direct labor costs for the month totaled $49,966 based on 5,810 direct lab Variable manufacturing overhead costs incurred totaled $26.400 and fixed manufacturing overhead incurre Based on this information, the direct materials quantity variance for the month was: Multiple Choice Check my work Multiple Choice $4,000 favorable $11,200 unfavorable $11,200 favorable $4,000 unfavorable $2,000 favorable