1.)

Based on predicted production of 26,000 units, a company anticipates $507,000 of fixed costs and $448,500 of variable costs. The flexible budget amounts of fixed and variable costs for 24,000 units are (Do not round intermediate calculations):

$468,000 fixed and $448,500 variable.

$507,000 fixed and $448,500 variable.

$468,000 fixed and $414,000 variable.

$507,000 fixed and $414,000 variable.

$414,000 fixed and $507,000 variable.

2.)

Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period.

Direct labor standard (5 hrs. @ $6/hr.)	$30 per unit
Actual hours worked	3,500
Actual rate per hour	$6.50

$2,625 unfavorable.

$8,750 unfavorable.

$8,750 favorable.

$15,750 favorable.

$82,250 favorable.

3.)

Data pertaining to a company's joint production for the current period follows:

	L	M
Quantities produced	260 lbs.	210 lbs.
Market value at split-off point	$9.2/lb.	$18.4/lb.

Compute the cost to be allocated to Product L for this period's $732 of joint costs if the value basis is used. (Do not round intermediate calculations.)

$279.88.

$452.12.

$366.00.

$2,156.00.

$888.12.

4.)

A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $9,000 indicates that Dept. Y had a direct expense of $1,000 for deliveries and Dept. Z had no direct expense. The indirect expenses are $8,000. The analysis also indicates that 60% of regular delivery requests originate in Dept. Y and 40% originate in Dept. Z. Departmental delivery expenses for Dept. Y and Dept. Z, respectively, are:

$5,500; $4,500.

$5,500; $3,500.

$5,800; $3,200.

$4,500; $4,500.

$5,400; $3,600.