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Claremont Company sells refurbished copiers. During the month, the company sold 180 copiers at an average price of $3,000 each. The budget for the month was to sell 175 copiers at an average price of $3,200. The expected total sales for 180 copiers were: Multiple Choice $560,000. $525,000. o $550,000. O O $576,000. $540,000 Gardner Company expects sales for October of $248,000. Experience suggests that 45% of sales are for cash and 55% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $67,000. What is the amount of Accounts Receivable on the October 31 budgeted balance sheet? Multiple Choice $111,600. O $136,400. O (0) $67,000. O O $124,000. O $68,200. Use the following data to find the direct labor rate variance if the company produced 7,000 units of product during the period. $ 38.40 per unit Standard: Direct labor (3.2 hrs. per unit @ $12/hr.) Actual cost incurred: Direct labor (24,500 hrs. @ $12.50/hr.) $306,250 Multiple Choice $14,700 unfavorable. $12,250 unfavorable. $26,950 favorable. $12,250 favorable. $14,700 favorable. Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials price variance? Multiple Choice $400 unfavorable. O $450 unfavorable. $2,950 unfavorable. O $2,500 unfavorable. O $2,550 unfavorable. O