21. Lamour Corporation is a job-order costing company that uses activity-based costing to apply overhead to jobs. The following overhead activities were budgeted for the year:

Activity	Cost	Driver	Amount of Driver
Setups	$240,000	Number of setups	6,000
Purchasing	160,000	Number of parts	20,000
Other overhead	300,000	Direct labor hours	80,000

The following information about the jobs was given for April.

	Job 101	Job 102	Job 103	Job 104
Balance 4/1	$64,900	$40,770	$30,500	$ 0
direct materials	$54,000	$37,900	$25,000	$11,000
direct labor	$80,000	$38,500	$43,000	$21,000
number of setups	40	10	30	200
number of parts	300	80	400	500
direct labor hours	5,000	2,400	5,200	1,200

By April 30, Jobs 102 and 103 were completed and sold. The remaining jobs were still in process. The cost of goods sold would consist of the costs of

a.Job 101 and Job 104.

b.Job 101, Job 102, Job 103, and Job 104.

c.Job 102 and Job 103.

d.Job 101, Job 102, and Job 103.

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23

San Francisco Corporation uses two materials in the production of its product. The materials, X and Y, have the following standards:

Material	Standard Mix	Standard Unit Price	Standard Cost
X	3,500 units	$1.00 per unit	$3,500
Y	1,500 units	3.00 per unit	4,500
Yield	4,000 units

During April, the following actual production information was provided about the batch put into production:

Material	Actual Mix
X	30,000 units
Y	20,000 units
Yield	36,000 units

What is the materials yield variance?

a.$4,000 F

b.$8,000 U

c.$4,000 U

d.$8,000 F

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24

Question Content Area

Artigas Enterprises uses two materials in the production of its product. The materials, L and M, have the following standards:

Material	Standard Mix	Standard Unit Price	Standard Cost
L	1,750 units	$0.50 per unit	$ 875
M	750 units	1.50 per unit	1,125
Yield	2,000 units

During January, the following actual production information was provided:

Material	Actual Mix
L	15,000 units
M	10,000 units
Yield	18,000 units

What is the materials mix variance?

a.$2,500 U

b.$2,500 F

c.$2,000 F

d.$2,000 U