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1. Based on a predicted level of production and sales of 22,700 units, a company anticipates total variable costs of $102,150, fixed costs of $30,700,
1. Based on a predicted level of production and sales of 22,700 units, a company anticipates total variable costs of $102,150, fixed costs of $30,700, and operating income of $53,290. Based on this information, the budgeted amount of sales for 20,700 units would be: |
A. $186,140. B. $169,740. C. $204,125. D. $121,145. E. $145,686.
2. Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. |
Direct labor standard (2 hrs. @ $12.75/hr.) | $25.50 per finished unit |
Actual direct labor hours | 80,000 hrs. |
Actual finished units produced | 39,000 units |
Actual cost of direct labor | $1,074,700 |
A. $80,200 unfavorable. B. $80,200 favorable. C. $54,700 favorable. D. $54,700 unfavorable. E. $25,500 favorable.
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