A company has established 6 pounds of Material J at $3 per pound as the standard for the material in its Product Z. The company has just produced 1,200 units of this product, using 7,400 pounds of Material that cost $21,080.The direct materials price variance is: Multiple Choice $600 unfavorable. $1,120 favorable $600 favorable. $1,120 unfavorable. $520 favorable. Ship Co. produces storage crates that require 45.0 meters of material at $0.50 per meter and 0.40 direct labor hours at $19.00 per hour. Overhead is applied at the rate of $19 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card? Multiple Choice $49.10. $37.70. $15.20 $30.10. $60.50. Kragle Corporation reported the following financial data for one of its divisions for the year, average invested assets of $660,000; sales of $1,120,000; and income of $146,720. The investment center profit margin is: Multiple Choice 169.7%. 449,8% 13.1% 22.2% 58.9%