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QUESTION 5 Ally, Inc. recently completed 56,000 units of a product that was expected to consume four pounds of direct material per finished unit, The standard price of the direct material was $8.50 per pound. If the firm purchased and consumed 228,000 pounds in manufacturing (cost = $1,881.000), the direct-material quantity variance would be figured as: $34,000F $34.000u. $57,000u. $57,000F None of the answers is correct. QUESTION 6 Tianyu Designs manufactures decorative chains for all types of clothing and household needs. The company uses standard costs to prepare its flexible budget. For the second quarter of 20x8, direct material and direct labor standards for the company's most popular product were as follows: Direct material: 3 pounds per unit; $4 per pound Direct labor: 4 hours per unit; $20 per hour During the quarter, Tianyu Designs produced 5,000 units. At the end of the quarter, direct labor costs recorded were $375,000 for 25,000 direct labor hours used Based on these data, what is the direct labor cost rate variance? $125,000 U. $125,000 $300,000 U. $300,000 F None of the answers is correct