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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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