Question: is this correct? Saved 7 & 8 MC Qu. 8-28 The Russell Company provides the following... The Russell Company provides the following standard cost data

is this correct?

Saved 7 & 8 MC Qu. 8-28 The Russell Company provides the following... The Russell Company provides the following standard cost data per unit of product: Direct material (3 gallons @ $3 per gallon) $ 9.00 Direct labor (2 hours @ $12 per hour) $24.00 4:27 During the period, the company produced and sold 27,000 units incurring the following costs: nces Direct material Direct labor 78,000 gallons @ $ 2.90 per gallon 49,500 hours @ $12.05 per hour The direct material usage variance was: Multiple Choice $9,000 favorable. $8,700 favorable $8,700 unfavorable. $9.000 unfavorable, ME Gew Hill

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