1:

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$156
Units in beginning inventory	0
Units produced	9,500
Units sold	9,100
Units in ending inventory	400

Variable costs per unit:
Direct materials	$ 29
Direct labor	$ 71
Variable manufacturing overhead	$ 17
Variable selling and administrative expense	$ 21
Fixed costs:
Fixed manufacturing overhead	$142,500
Fixed selling and administrative expense	$ 9,900

What is the net operating income for the month under absorption costing?

Multiple Choice

• $11,400

• $6,000

• $35,400

• $17,400

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2:

A cement manufacturer has supplied the following data:

Tons of cement produced and sold	680,000
Sales revenue	$ 2,788,000
Variable manufacturing expense	$ 1,156,000
Fixed manufacturing expense	$ 760,000
Variable selling and administrative expense	$ 272,000
Fixed selling and administrative expense	$ 294,000
Net operating income	$ 306,000

If the company increases its unit sales volume by 4% without increasing its fixed expenses, then total net operating income should be closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

• $12,240

• $318,240

• $311,973

• $360,400

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3:

Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.

Production volume	11,800 units	13,000 units
Direct materials	$ 761,100	$ 838,500
Direct labor	$ 241,900	$ 266,500
Manufacturing overhead	$ 1,010,800	$ 1,035,280

The best estimate of the total cost to manufacture 12,200 units is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

• $2,102,580

• $1,962,720

• $2,055,960

• $2,032,650

__________________________

4:

Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $91,900. The South Division's divisional segment margin is $46,300 and the West Division's divisional segment margin is $169,100. What is the amount of the common fixed expense not traceable to the individual divisions?

Multiple Choice

• $138,200

• $215,400

• $261,000

• $123,500