Problem Alt. E P2oer7a homework problem Howard company has direct materlals cost of $25 per unit, Direct labor costs of $5, and vartable overhead of $3 a unit. The budgeted txed costs are $500o. 1. Prepare a flexible budget for 1000,1200, and 1500 units 2 In December Howard produced 1000 unts. In January they produced 1000 units. In February they produced 1200 units. In March they produced 1500 units. All costs were charged Each month they pay 90% of this month's bills and 10% of last month's bills, prepare a payment budget for January, February, and March | 0 purpose ot standard costing QUESTION 3 1 points Save Answer 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. 2.25 unfavorable B:$1.50 unfavorable $1.625 favorable D. $.225 favorable What is the direct materials price variance? : What is the direct materials efficiency variance? What is the direct labor rate variance? 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