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The standard costs for a unit of product are shown below. Materials 2 pounds at $1.00 per pound $2.00 Labor 1 hour at $10.00 per hour 10.00 Overhead...

The standard costs for a unit of product are shown below. 

Materials 2 pounds at $1.00 per pound $2.00 
Labor 1 hour at $10.00 per hour 10.00 
Overhead 60% of di.rect labor 6.00 

During June, Job N-5 for 100 units was completed. The actual costs of the 

job are shown below. 

Materials 300 pounds at $1.45 per pound $435 
Labor 200 hours at $9.50 per hour 1,900 
Overhead Applied 60% of direct labor 1,140 
1. which of the following represents the material quantity variance?
a. $325 unfavorable
b. $235 unfavorable
c. $100 unfavorable
d. $135 unfavorable

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Accounting - 8233037.xls

Question: The standard costs for a unit of product are shown below.
Materials 2 pounds at $1.00 per pound $2.00
Labor 1 hour at $10.00 per hour 10.00
Overhead 60% of di.rect labor 6.00
During June,...

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