Chrome File Edit View History Bookmarks Profiles Tab Window Help The Jun $ 6:22 Question 19.Proctoring x Background themis Aidea c getproctorio.com/secured#lockdown Login Mems & Extercans Proctoring Enabled: Exam #2 - Ch 7-12 (me) Help Save & Exit Submit 10 Grub Chemical Corporation has developed cost standards for the production of its new chocolate, Choco, The variable cost standards below relate to each 10 gallon batch of Choco Standard Cost Per Batch Milk chocolate (2 pounds x $0.85 per pound) $ 1.70 Direct tabor (1.25 hours x $12.00 per hour) 15.00 Variable overhead (1.25 hours x $44.00 per hour) $ 55.00 Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were O as follows: 100% Number of batches produced 3, 800 Direct labor-hours incurred 4,510 Pounds of chocolate purchased 9,080 Pounds of chocolate used in production 7,880 Cost of chocolate purchased $ 7,200 Direct labor cost $ 53, 218 Variable manufacturing overhead cost $ 205, 700 What is Choco's materials (milk chocolate) quantity variance? Multiple Choice Mc Graw 10 of 25 : Next > Google Chrome