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This is from managerial accounting. Where it says indicate F or U only, it means favorable or unfavorable. Thank you. A B C D E

This is from managerial accounting. Where it says "indicate F or U only", it means favorable or unfavorable. Thank you.

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A B C D E Data Section: Materials price variance input 9 Actual cost of material per pound (ounce, etc.) $15.90 10 Standard cost of mat. per pound (ounce, etc.) $16.00 11 12 Materials quantity variance input 13 Actual quantity of materials used 39,500 14 Standard quantity of mat. used for actual output 38,000 15 16 Labor rate variance input 17 Actual cost of labor per hour $8.05 18 Standard cost of labor per hour $8.00 19 20 Labor efficiency variance input 21 Actual quantity of hours incurred 44,000 22 Standard quantity of hours for actual output 45,600 23 24 25 Answer Section: Indicate 26 F or U only 27 28 Material price variance FORMULA1 SELECT ONE 29 Material quantity variance FORMULA2 SELECT ONE 30 Total materials variance FORMULA3 SELECT ONE 32 Labor rate variance FORMULA4 SELECT ONE 34 Labor efficiency variance FORMULAS SELECT ONE 35 36 Total labor variance FORMULAG SELECT ONE 37 38 Total materials and labor variances FORMULA7 39

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