roduce a single unit of output.= șo. 70 per pound -$8.00 per hour$4.90 per hour =5.60$ 3.20$ 1.96ed 77,000 pounds of direct materials at a price of $0.90 per pound to produce 10,000 units of output. Direct labor costs for theworked. Variable manufacturing overhead costs incurred totaled $15,600 and fixed manufacturing overhead Incurred wasce variance for the month was: < PrevA company uses the following standard costs to produce a single unit of output.Direct materialsDirectManufacturingpounds at $0.70 per pound-0.4 hour at $8.00 per hourlabor$ 5.60$ 3.20$ 1.96overhead530.4hourat $4.90per hour -During the latest month, the company purchased and used 77,000 pounds of direct materials ata price of $0.90 per pound to produce 10,000 units of output Direct lemonth totaled $29,100 based on 3,880 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15 600 and fixed manufacturing overhee$10,000. Based on this information, the direct materials price variace for the month was:Multiple Choice$2,000 favorable$15,400 unfavorable$5,600 unfavorable$6,400 unfavorableNe$5,600 favorable23 of 25

Name: roduce a single unit of output.= șo. 70 per pound -$8.00 per hour$4.9
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: roduce a single unit of output.= șo. 70 per pound -$8.00 per hour$4.90 per hour =5.60$ 3.20$ 1.96ed 77,000 pounds of direct materials at a price of $0.90 per pound to produce 10,000 units of output. Direct labor costs for theworked. Variable manufac