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22) MUST Budgeted sales in Aser ANSWER THIS QUESTION orporation over the next four months are given below Novetm $130,00 udgeted sales Twenty-five percent of

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22) MUST Budgeted sales in Aser ANSWER THIS QUESTION orporation over the next four months are given below Novetm $130,00 udgeted sales Twenty-five percent of the company for sales on account follow a collected in the month of sale, 30% collected in the second mont $170,00 $140,0o 75% are on account. sales are for cash and stable pattern as follows: 50% of a month's credit sales are as The remainder are uncollectible. Given these be: c are collected in the month following sale, and 15% are 103.75ections for Decemberng B) $136375 A) S103,875 D) $98,125 C$119,500 23) The following standards for variable that makes only one product: manufacturing overhead have been established for a company tandard hours per unit of output tandard variable overhead rate 5.6 hours S12.00 per hour The following data pertai n to operations for the last month: ctual hours ctual total variable manufacturing overhead cost ct 2.600 hours $31.330 output 400 units What is the variable overhead rate variance for the month? A) $4,338 U B) $130 U C) $112 F D) $4,450 U 24) The Covey Corporati on is preparing its Manufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable manufacturing overhead rate is $4.00 per budgeted fixed manufacturing depreciation. If the budgeted cash disbursements for the budgeted direct labor-hours for November must be: direct labor-hour,; the overhead is $64,000 per month, of which $18,000 is factory manufacturing overhead for November are $90,000, then A) 2,000 direct labor-hours B) 11,000 direct labor-hours D) 6,500 direct labor-hours C) 22,500 direct labor-hours 25) ** MUST ANSWER THIS QUESTION** The standard cost card of a particular product specifies that it requires 4.5 direct direct labor-hour. During March, 2,300 units of were incurred. A total of 11,700 direct labor-hours were labor-hours at $12.80 per the produet were produced and direct labor wages of $128,300 were worked. The direct labor variances for the month Labor Rate Variance $4,180 F 54,180 F $21,460 F $21,460 F Labor Efficiency Variance $14,804 U $17,280 U $14,804 U $17,280 U A) OptionA B) OptionB C) Option C D) Option D

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