v Mi A1 HMI MI ---Mi A15 VVLI HILUM HUU 2.PL HIUU 1 During the most recent period, the following additional information was available: 1 points 20,000 pounds of material was purchased at a cost of $10.50 per pound. All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. The actual variable overhead cost incurred during the period was $25,000. Skipped Assuming the company uses direct labor-hours to compute its predetermined overhead rate, what is the variable overhead efficiency variance? eBook Print Multiple Choice r References $560 F O $560 U O $585 U $585 F O 2 Assume the following information appears in the standard cost card for a company that makes only one product: 1 points Standard Quantity or Hours 5 pounds 2 hours 2 hours Direct materials Direct labor Variable manufacturing overhead Standard Price or Rate $11.00 per pound $17.00 per hour $ 3.00 per hour Standard Cost $55.00 $34.00 $ 6.00 Skipped During the most recent period, the following additional information was available: eBook Print 20,000 pounds of material was purchased at a cost of $10.50 per pound. 8,000 direct labor-hours were recorded at a total cost of $132,000. The direct labor efficiency variance is $3,400 U. References How many units were produced during the period? Multiple Choice 4.100 units O O 3,900 units O 4.000 units O 3,800 units LO Assume the following information appears in the standard cost card for an enterprise that makes only one product: 1 points Standard Quantity or Hours 5 pounds 2 hours 2 hours Direct materials Direct labor Variable manufacturing overhead Standard Price or Rate $11.00 per pound $17.00 per hour $ 3.00 per hour Standard Cost $55.00 $34.00 $ 6.00 Skipped eBook During the most recent period, the following additional information was available: Print 20,000 pounds of material was purchased at a cost of $10.50 per pound. All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. References What is the direct labor spending variance? Multiple Choice O O $600 F O $600 U $3,300 F O O $3,300 U 8 Assume the following: The standard labor rate per hour is $17.00. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The total actual direct labor cost for the period was $726,000. The company produced 15,000 units of finished goods during the period. 1 points What is the labor spending variance? Multiple Choice $39,000 F $39,000 U $22,000 U $22,000 F