22. A flexible budget is an been planned for the period. a. True b. False estimate of what revenues and costs should have been, given the level of activity that 23. For the Blue Hen Corporation, before a job can be started, direct materials have to be ordered and received (wait time). Assume that it usually takes 1.5 days for this to happen. Once the materials have been received, completing the job generally requires.3 day in queue time, 2 day in inspection time, 9 day in processing time, and 1 day move time. Compute the Manufacturing Cycle Efficiency (MCE) for the company. a, 30% b, 40% C. 60% 70% None of the above e. Refer back to the previous question. If the company wants to increase its MCE, which of the company want to reduce? 24. following would the wait time b. inspection time c. processing time X and Y, emerge from a joint process. Product X has been allocated $9,600 of the total joint csts total of 9,000 units of Product X are produced from the joint process. Product X can be sold at the 25. Two products, of $12,000. A split off poi t for $13 per unit, or it can be processed further for an additional total cost of $54,000 and then unit it off point for r unit. If X is processed further and sold, what would be the effect on the overall profit of the red with sale in its unprocessed form directly after the split off point? $18,600 less profit $108,000 more profit $600 more profit $9,000 less profit company compared a lengthy strike at Panama City Pink Flamingo Factory, management replaced striking assembly line workers with office workers. The assembly line workers were being paid $18 per hour while the office workers are only paid $10 per hour. What is the most likely effect on the labor variances in the first month of this strike? Labor Efficiency Variance No Effect Unfavorable Favorable Unfavorable Labor Rate Variance Unfavorable No Effect Unfavorable Favorable