25 Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 8,000 units, but its actual level of activity was 8,050 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May Data used in budgeting: Fixed Variable element element per per month unit $35.50 ( 00.37.00 Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses $ 0 0 37,000 26, 800 $63,800 $ 6.10 12.10 1.80 0.80 $20.80 Actual results for May: Revenue $284,500 Direct labor $ 48,530 Direct materials $ 92,330 Manufacturing overhead $ 50,000 Selling and administrative expenses $ 30,600 The activity variance for direct labor in May would be closest to: Direct labor $48.530 Direct materials $ 92,330 Manufacturing overhead $ 50,000 Selling and administrative expenses $30, 600 The activity variance for direct labor in May would be closest to Multiple Choice 0 $270 0 $305 U O $270F 5205 0 Majer Corporation makes a product with the following standard costs: 26 Standard Cost Per Standard Quantity or Hours 6.ounces 0.5 hours 0.5 hours Standard Price or Rate $ 2.00 per ounce $ 10.00 per hour $ 4.00 per hour Direet materials Direct labor Variable overhead $12.60 points (800301 $ 2.00 The company reported the following results concerning this product in February Originally budgeted output Actual output Raw materials used in production Retual direct laber-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 4,900 units 5,000 units 30,000 ounces 1,900 hours 32,400 euros $ 12.90 per ounce $ 22.40 per hour $ 4.00 per hour The company applies variable overhead on the basis of direct labor hours. The direct material purchases variance is computed when the materials are purchased The variable overhead efficiency variance for February is The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The variable overhead efficiency variance for February is: Mutiple Choice 421000 $2400 $240 52,395 Pauls Kennel uses tenant days as its measure of active animal housed in the benne for one day is counted one ant day. During February, the kennel budgeted for 5.00 tenant-days, but its actual level of activity was 520 ant days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February Data used in budgeting Variable element element per per month tenant-day $31.60 12.40 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $4,100 700 9,100 8.900 $22,100 0.40 25.00 Actual results for February $108, BO $36.801 Wages and salaries Food and supplies Facility expenses Administrative expenses $ 9.162 The activity variance for net operating income in February would be closest to 27 Wages and salaries Tood and supplies Facility expenses Administrative expenses $ 23,610 $36, 801 $ 19,360 $ 9,162 The activity variance for net operating income in February would be closest to 1 O $9,0870 0 0 0