Manton Manufacturing applies manufacturing overhead costs to products at a budgeted indirectminuscost rate of $ 70 per direct manufacturing laborminushour. A retail outlet has requested a bid on a special order of the Toy Bear product. Estimates for this order include: Direct materials of $ 50 comma 000; 560 direct manufacturing laborminushours at $ 20 per hour; and a 50% markup rate on total manufacturing costs. Manufacturing overhead cost estimates for this special-order total .

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.