Question Completion Status ULIO D. $ 75,000 QUESTION 18 If the actual labor rate exceeds the standard labor rate and if the actual labor hours exceed the number of hours allowed the total labor flexible budget variance will be A. Favorable B. Unfavorable C.Equal to labor rate variance D. Unable to be determined QUESTION 19 Assume that the standard cost to make one finished unit includes 1 hour of direct laborat 54 per hour. During March 11.000 direct labor-hours were worked. 5.250 units of product were manufactured and total direct labor cost was $40.000 What is the labor rate variance for April A $2.000 UI Question Completion Status D. 16.8% QUESTION 17 Jewelry Company has a sales budget for next month of $200,000. Cost of goods sold is expected to be 25 percent of sales. All goods are paid for in the month following purchase. The beginning inventory of merchandise is $20,000, and an ending inventory of $24,000 is desired. Beginning accounts payable is $206,500 The cost of goods sold for next month is expected to be: OAS 80,000 B. $ 50,000 C $160,000 D. $ 75,000 QUESTION 18 the actua labor rate exceeds the standard labor rate and if the actual labor hours exceed the number of hours allowed the total labor flexible budget variancewbe