A favorable direct labor efficiency variance indicates: O the division paid a lower wage rate for direct labor than was planned the division paid a higher wage rate for direct labor than was planned O fewer direct labor hours were used in production than were planned for actual output more direct labor hours were used in production than were planned for actual output None of the above The first stage of ABC entails the assignment of: resource costs to departments or divisions O activity costs to cost objects O resource costs to a plantwide pool O resource costs to distribution channels resource costs to individual activities The following data are available for CDH Inc.'s two products: Product A Product B $10.00 $10.00 Unit selling price Variable manufacturing cost per unit Variable selling cost per unit $6.00 $7.00 $1.00 $1.00 CDH incurs total fixed manufacturing costs of $90,000 per month and total fixed selling and administrative costs of $50,000 per month. What is the total monthly sales volume (in units) of both products combined that would be required to break-even when the sales mix is 80% Product A and 20% Product B? 8,333 units O 16,667 units O 56,667 units O 50,000 units None of the above ACME Company sells only one product at a regular price of $10.00. Variable costs are 60% of sales, and fixed costs are $50,000. Management has decided to decrease the selling price to $9.00 in an attempt to increase sales volume and profits. If the variable cost ratio remains the same after the price decrease, then how much revenue must ACME generate to earn $75,000 of profit at the new selling price? $83,333 $208,333 $312,500 $387.500 None of the above