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#14 Question 5 2 pts April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last
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Question 5 2 pts April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were purchased for $7,600. The direct materials price variance for last month was: O $3,800 favorable. $200 favorable. $100 unfavorable. O $200 unfavorable. Question 11 2 pts John's vehicle expense budget for November is based on an estimated 3,000 miles and an estimated cost of $0.24 per mile. In November, he instead actually drove 2,800 miles with an actual total cost of $700. Which of the following variances would be shown on a flexible budget performance report? $50 F $20 F $28U 0$30U Question 13 2 pts Unden, Inc. produces a product with the following details: Variable cost is $30 per-unit Sales price is $80 per-unit Fixed manufacturing overhead costs are $100,000 Unden has a one-time opportunity as follows: Sell an additional 1,000 units Sell the additional units at $60 per unit The additional sales would not impact current sales. The additional sales could be completed with current excess capacity. What is the impact of accepting this one-time opportunity on net income? Income would decrease by $30,000. Income would increase by $30,000. O Income would increase by $140,000. Income would increase by $40,000. Greenland Sports, Inc. has been asked to submit a bid to the National Hockey League on supplying 1,000 pairs of professional quality skates. The cost per pair of skates has been determined as follows: Other non-manufacturing costs associated with each pair of skates are: Direct materials 80 Direct labor 60 Variable overhead 30 Fixed overhead (allocated) 20 Other non-manufacturing costs associated with each pair of skates are: Variable selling cost (commission) 25 Fixed selling and admin cost 10 Assume the commission on the sale of skates to the National Hockey League would be reduced to $15 per pair and that available production capacity exists to produce the 1,000 pairs of skates. The lowest price the firm can bid is some price greater than: $185. O $190. $215. $225Step by Step Solution
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