Question: 1 points Save Answer QUESTION 3 The standard price for direct materials is $6 a pound and the standard quantity to be used is 2.

 1 points Save Answer QUESTION 3 The standard price for direct
materials is $6 a pound and the standard quantity to be used

1 points Save Answer QUESTION 3 The standard price for direct materials is $6 a pound and the standard quantity to be used is 2. The actual price was $5.90 and the actual quantity used was 2,25. The standard rate for labor is $9 and the standard number of hours is 3. The actual labor rate was $8.50 and the actual hours used was 3.25 What s he onet eririA 225 unfavonble What is the direct materials efficiency variance? B $1.50 unfavorable C.$1.625 favorable What is the direct labor rate variance? D.$.225 favorable What is the direct labor efficiency variance? Click Save and Submit to save and submit.Click Save All Answers to save all answers Save All Answers Save and Submit 3 Find the correct match. Question variance caused by using more or less than the standard amount of direct labor hours c. labor rate variance Variance caused by using more of less than the standard amount of direct materials D. materials usage variance variance caused by paying your workers more or less than the standard rate variance caused by paying more or less than the standard cost for direct materials B. materials price variance Selected Match A. labor effic ency variance

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f