2020 Course Hero Saved Help Save & Exit Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 5.5 kilograms of the raw material Jurision. Budgeted production of Miniwarps for the next five months is as follows: August September October November December 23,800 units 22,500 units 23,900 units 25,100 units 24,800 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 12,000 kilograms of Jurision were on hand. The cost of Jurision is $19 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurision to be purchased in August is: Multiple Choice C) $2,729,350 Hy 2020 1 Saved Help Save & Exit Subm Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5.960 units, but its actual level of activity was 5,910 units. The company has provided the following data concerning ormulas used in its budgeting and its actual results for October Data used in budgeting: Fixed Variable element element per per month unit $30.50 Revenue 0 Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 37,600 26,600 $64,200 $ 6.20 9.20 1.90 1.40 $18.70 Actual results for October: Revenue $179,095 Direct labor $ 34,510 Direct materials $ 52,800 Manufacturing overhead $ 48, 775 Selling and administrative expenses $ 34,670 The activity variance for selling and administrative expenses in October would be closest to: Multiple Choice