10.

You plan to retire in 40 years. Assume you are able to earn 8 percent interest on your investments.

Factors to use for n=40, I =8% (DO NOT USE ANY OTHER FACTORS OR EQUATIONS) Future Value of $1 21.725

Future Value of an Annuity of $1 259.06 Present Value of $1 .046 Present Value of an Annuity of $1 11.925

If you invest $1,700 each year for the next 40 years, how much will you have when you retire?

11.

OMalley's standard labor cost of producing one unit of Product A is 1.7 hours at a rate of $11.3 per hour. During August, 1,452 hours were incurred at a cost of $12.1 per hour to produce 1,111 units of Product A.

OMalleys direct labor rate variance is $__________

Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F.

Show your answer as an absolute number (no negative signs)

12.

Tina Company manufactures pans. Below is the information related to its direct material costs:

Standard amount of hours per pan 1.9

Standard cost per hour $15.8

Actual amount of hours per pan 2.1

Actual cost per hour $16.9

Actual number of pans produced and sold 1,935

Tinas direct labor spending variance is $__________

Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F

13.

Carla Companys standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $111,000 and budgeted production of 3,400 units. Actual results for the month of October reveal that Carla produced 33,184 units and spent $156,957 on fixed manufacturing overhead costs. What is the fixed overhead that was applied to Carlas actual production units?

Please help with these 4 questions and their process. Appreciate it :)