The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 31,000 Actual rate per hour $17.00 Standard rate per hour $11.00 Standard hours for units produced 29,500 How much is the direct labor efficiency variance? O A. $25,500 unfavorable O B. $16,500 unfavorable O c. $25,500 favorable OD. $16,500 favorable A company reported beginning plant assets, net of depreciation, of $736,550, and, an ending amount of $656,000. Depreciation expense of $48,400 and a loss on the sale of equipment of $5,700 were reported on the income statement. The company acquired $215,800 of plant assets during the year. How much will be reported as cash received from the sale of equipment in the investing activities section of the statement of cash flows? O A. The cash received upon the sale of the equipment was $253,650. OB. The cash received upon the sale of the equipment was $242,250. O C. The cash received upon the sale of the equipment was $247,950. OD. The cash received upon the sale of the equipment was $290,650. The actual cost of direct labor per hour is $20.00 and the standard cost of direct labor per hour is $8.50. The direct labor hours allowed per finished unit is 0.75 hour. During the current period, 5,800 units of finished goods were produced using 3,400 direct labor hours. How much is the direct labor rate variance? O A. $39,100 favorable O B. $39,100 unfavorable O C. $66,700 unfavorable OD. $66,700 favorable (Click the icon to view the present value of $1 table) (Click the icon to view the present value of annuity of $1 table.) O A $7,000 a year at the end of each of the next 4 years using a 5% discount rate O B. $82,000 (lump sur) 6 years from now using a 5% discount rate OC. $81,000 (lump sum) 6 years from now using an 6% discount rate OD. 547,000 (lump sum) now Data Table Data Table Present Value of $1 Periods 0823 Present Value of Annuity of 51 6% 0.792 0.747 0.705 0.665 0.627 0.592 0.784 0.746 0.711 0.677 0645 69 3.465 4.212 0.735 0.681 0.630 0.583 0540 0.500 3.546 4329 5076 5.786 3.312 199 6210 5.747 7.108 Print Done