Word File Edit View Insert Format Tools Table Window Help Variance analysis stude... References Mallings Review Q- . View Home Intent Design Layout 1) The following information describes production activities of the Midtown Corp.: Raw materials used 16,000 lbs. at $4.05 per Ib. Factory payroll 5,545 hours for a total of $72,085 30,000 units were completed during the year Budgeted standards for each unit produced: 1/2 lb. of raw material at $4.15 per Ib. 10 minutes of direct labor at $12.50 per hour Compute. A. The direct materials price and quantity B. The direct labor rate and efficiency variances. C. Indicate whether each variance is favorable or unfavorable. AQ AC AQSC SQSC Material cost variance Material usagefefficiency) variance Total Variance AQ" AC AQSC SQSC Page 1 of 1 124 words LE English (United States MacBook Air Word File Edit View Insert Format BU Home Insert Design Layout Tools Table Window Help Variance analysis stude... - Saved to my Mae Q. Search In Document References Mailings Review View Paste Styles Style Material cost variance Material usage(efficiency) variance Total Variance AQ AC AQSC SQSC Labor rate variance labor usage(efficiency) variance Total Variance Page 1 of 1 124 words Enghsh (United States)