TB MC Qu. 9-28 (Algo) Delaware Corp. prepared a master budget that... Delaware Corp. prepared a master budget that included $12,090 for direct materials, $52,390 for direct labor, $15,000 for variable overhead, and $39,200 for fixed overhead, Delaware Corp, planned to sell 4,030 units during the period, but actually sold 4,380 units. What would Delaware's direct labor cost be if it used a flexible budget for the period based on actual sales? Multiple Choice $38,880 $56.940 $52,390 $50,437 TB MC Qu. 9-44 (Algo) Exeter has a materials standard of... Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter paid $132.200 for 4.950 pounds, which it used to produce 4,700 units. What is the direct materials quantity variance? Multiple Choice $2,600 favorable $6,500 unfavorable $3,500 unfavorable $9,100 unfavorable TB MC Qu. 2-93 (Static) McGown Corp. has the following information: McGown Corp. has the following information: Beginning Ending Inventory Inventory (1/1) (12/31) Raw Materials Inventory $ 20,000 $ 30,000 Work in Process Inventory $ 15,000 $ 18,000 Finished Goods Inventory $ 30,000 $ 20,000 Additional Information for the year is as follows: Raw materials purchases $100,000 Direct labor $ 75,000 Manufacturing overhead applied $ 80,000 Indirect materials 0 Compute the current manufacturing costs, Ragtime Company had the following information for the year: Direct materials used Direct labor incurred (5,000 hours) Actual manufacturing overhead incurred $110,000 $150,000 $166,000 Ragtime Company used a predetermined overhead rate of $35 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of $17,000. What was cost of goods manufactured