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In: AccountingUse the following to answer questions36-38: Chicken Nuggets, LLC, provides chicken nuggets to fast food...Use the following to answer questions36-38: Chicken Nuggets, LLC, provides chicken nuggets to fast foodrestaurants. The standard cost card for chicken nuggets indicateseach nugget takes two ounces of chicken meat at $0.03 per ounce, 30seconds of direct labor at $12.00 per hour, and 30 seconds ofoverhead at $6.00 per hour, for a total standard cost of $0.21 pernugget. Current production cost for 200,000 nuggets show materialcost of $11,024 for 440,960 ounces of chicken at $0.025 per ounce;$19,380 for 1,675 hours of direct labor at $11.57 per hour; and$10,050 of overhead applied for 1,675 hours at $6.00 per hour.Legend: U = Unfavorable F = Favorable (Include U or F, after theamount)36. (10) The direct material quantity(usage) variance is calculated to be _____U___? 37. (10) The direct labor efficiencyvariance is calculated to be ________? 38. (10) The direct labor ratevariance is calculated to be ________?39. A cost that is often overlooked, because it is not recordedon the books, is called a (an): A)sunk cost B)fixed cost C) missing cost D)opportunity cost E)variable cost