QUESTION 7 Afirm with a standard costing system budgets 4,000 direct labor hours at $20 per hour to make 2,000 units. The firm actually produced 3,000 units using 7,000 direct labor hours at $24 per hour. When labor occurred during the period, what was the total dollar value of the debit to Work-in-Process Inventory? QUESTIONS 2 points Garland Company uses a standard cost system. The standard for each finished unit of product allows for 3.7 pounds of plastic at $0.71 per pound. During December, Garland bought 4600 pounds of plastic at $0.78 per pound, and used 4100 pounds in the production of 1300 finished units of product. What is the direct materials usage variance for the month of December? Please round to the nearest dollar. Also, please indicate an unfavorable or favorable variance with "u" or "T", respectively. QUESTION 10 2 poin Tolton, Inc. is just shy of hitting its operating income target. The manager, K.T. Tolton, decides to purchase inferior materials right before year end. The standard price for the materials is $13.00 per pound, K.T. buys 4,000 pounds of inferior product at $11.62 per pound. What is the effect on net income for the year? Please sign an increase as a positive number (e.g. 100) and a decrease as a negative number (e.g.-100)