Question: Question 13 Five Rings, Inc. has collected the following data on one of its products: Direct materials standard (4 lbs.@ $ 1.00/b.) Total direct materials

Question 13 Five Rings, Inc. has collected the following data on one of its products: Direct materials standard (4 lbs.@ $ 1.00/b.) Total direct materials cost variance- unfavorable Actual direct materials used Actual finished units produced The actual cost of the direct materials used is: $4.00per finished unit $10.750 142.500 lbs 28,500 units $124.750 $142,500 $103,250 $153,250 $114,000 Question 14

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