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A job was budgeted to require 3 hours of labor 1. Bradford Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance? A. $400 unfavorable. B. $450 unfavorable. C. $2,500 unfavorable. D. $2,550 unfavorable. E. $2,950 unfavorable. 2. Bradford Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials price variance? A. $400 unfavorable. B. $450 unfavorable. C. $2,500 unfavorable. D. $2,550 unfavorable. E. $2,950 unfavorable. 3. A company has established 5 pounds of Material M at $2 per pound as the standard for the material in its Product A. The company has just produced 1,000 units of this product, using 5,200 pounds of Material M that cost $9,880. The direct materials quantity variance is: A. $400 unfavorable. B. $120 favorable. C. $400 favorable. D. $520 favorable. E. $520 unfavorable. 4. A company has established 5 pounds of Material M at $2 per pound as the standard for the material in its Product A. The company has just produced 1,000 units of this product, using 5,200 pounds of Material M that cost $9,880.The direct materials price variance is: A. $520 unfavorable. B. $400 unfavorable. C. $120 favorable. D. $520 favorable. E. $400 favorable. 5. A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $198,000. What is the total labor cost variance? A. $2,000 unfavorable. B. $3,000 unfavorable. C. $6,000 unfavorable. D. $8,000 unfavorable. E. $9,000 unfavorable. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

A job was budgeted to require 3 hours of labor

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