1) Downing Co. utilizes flexible budgets. At normal capacity of 8,000 units, budgeted manufacturing overhead is $64,000 variable and $180,000 fixed. If the company had actual overhead costs of $250,000 for 9,000 units produced, what is the difference between actual and budgeted costs? A. $2,000 unfavorable B. $2,000 favorable C. $6,000 unfavorable D. $8,000 favorable 2) May Inc. utilizes flexible budgets. At normal capacity of 8,000 units, budgeted manufacturing overhead is $32,000 variable and $90,000 fixed. If the company had actual overhead costs of $125,000 for 9,000 units produced, what is the difference between actual and budgeted costs? 3) Enadope Co. recorded operating data for its Ava division for the year. The company requires its return to be 10%. Sales are $700,000. Controllable margin is $80,000. Average Operating Assets is $1,000,000. Fixed costs are $50,000. What is the Return on Investment for the year? 4) Rick company had sales of $400,000, Variable costs of $200,000, and Direct fixed costs totaling $100,000. Rick company's Average Operating Assets total $800,000, and it's required return is 10%. How much is the Residual Income? 5) A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 1,000 pounds of direct materials were purchased for $3,800. The direct materials price variance for last month was