The Flapjack Corpora production had been budgeted for 1,100 units, but only 1,000 units were actually were 7.6 hours per completed unit at a standard rate of $13.00 per tion had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original 28. Compute the labor time variance. a. 9,880F b. 9,880U c. 7,80OU d. 7,80OF Material Cost Per Yard Standard Yards per Unit Units of Production Standard $2.00 4.5 yards Actual $2.10 4.75 yards 9.500 5 the Total Direct Materials cont variance using the shove informton 10. Calculate the Direct Materials Qhantity . $4,512.50 Unfavorable b $4,512.50 Favorable variance using the above information d. $4,750 Favorable Hours 31. Calculate the Total Direct a. $2,051.25 Favorablie Labor Variance using the above information b. S2.05.25 Unfavorable C. $2.362.50 Unfavorable d. $2,362.50 Favorable 32. The formula to compute direct labor time variance is to calculate the difference between a. Actual Costs Standard Costs b. Actual Costs+Standard Costs c. (Actual Hours x Standard Rate)- Standard Costs d. Actual Costs-(Actual Hours x Standard Rate) The formula to compute 33. direct materials price variance is to calculate the difference between a. Actual Costs (Actual Quantity x Standard Price) b. Actual Cost + Standard Costs Actual Cost-Standard Costs c. d. (Actual Quantity x Standard Price)- Standard Costs standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 capacity of 80,000 machine hours. The standard cost and the for fixed actual cost of factory overhead for the production of 15,000 units during August were as follows: Actual: factory overhead) based on 100% Variable factory overhead Fixed factory overhead $360,000 104,000 60,000 hours 34. What is the amount of the factory overhead volume variance? a. $12,000 unfavorable b. $12,000 favorable c. $14,000 unfavorable d. $26,000 unfavorable Standard Actual