16.)

Olds Inc., which produces a single product, has provided the following data for its most recent month of operations:

Number of units produced	8,300
Variable costs per unit:
Direct materials	$120
Direct labor	$116
Variable manufacturing overhead	$4
Variable selling and administrative expenses	$10
Fixed costs:
Fixed manufacturing overhead	$273,900
Fixed selling and administrative expenses	$589,300

There were no beginning or ending inventories. The absorption costing unit product cost was:

$240

$236

$273

$354

17.)

Cadavieco Detailing's cost formula for its materials and supplies is $2,030 per month plus $8 per vehicle. For the month of November, the company planned for activity of 98 vehicles, but the actual level of activity was 58 vehicles. The actual materials and supplies for the month was $2,760.

The activity variance for materials and supplies in November would be closest to:

$320 F

$320 U

$54 F

$54 U

19.

Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $4 per vehicle. For the month of November, the company planned for activity of 94 vehicles, but the actual level of activity was 54 vehicles. The actual materials and supplies for the month was $2,250.

The materials and supplies in the planning budget for November would be closest to:

$2,206

$3,957

$2,366

$2,250