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Use the following information to answer questions through 10 HB Company makes baseball bats. The standard cost of one bat is as follows: Materials 5

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Use the following information to answer questions through 10 HB Company makes baseball bats. The standard cost of one bat is as follows: Materials 5 pounds of wood @ $5.00 a pound = $25 Labor 5 hours @ 530 - 515 Overhead Shours @ $20 ($15 fixed $5 variable) = $10 Fixed overhead based on 5.100 normal capacity hours Total $50 During March HB produced 10,000 bats and had the following actual costs Materials 50,100 pounds of wood (cost $245,490, al was used) Labor 4,900 hours (cost $151,900) Overhead Total cost $102.900 15) HB's March material quantity variance was A) $10,000 favorable B) $1,000 unfavorable C) $500 favorable D) $500 unfavorable 16) HB's March material price variance was A) $50,000 favorable B) $500 favorable $5,000 favorable D) $5,010 favorable 1 17) HB's March labor quantity efficiency) variance was A) $30,000 unfavorable B) 53,000 favorable C) $3,000 unfavorable D) $300 favorable 18) HB's March labor price rate) variance was A) $4,900 unfavorable B) 54.900 favorable $4,000 unfavorable DI SA Ea 16 DO A MacBook Air og 80 14 $ 4 % 5 & 7 8 2 6 9 3 Tw Q E W R T I Y

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