Arrasmith Corporation uses customers served as its measure of actlvity. During February, the company budgeted for 35,800 customers, but actually served 29,200 customers. The company uses the following revenue and cost formulas In its budgeting, where q is the number of customers served: Revenue: $4.30q Wages and salarles: $34,000+$1.34q Supplies: $0.74q Insurance: $11,200 Miscellaneous expenses: $7,200+$0.38q The company reported the following actual results for February: Required: Prepare the company's flexible budget performance report for February. Label each varlance as favorable (F) or unfavorable (U). (Indlcate the effect of each varlance by selecting " F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values.) Assume a company has two divisions, Division D and Division E. DIvision D has provided the following Information regarding the one product that it manufactures and sells on the outside market: Division E could use Division D's product as a component part in the manufacture of 4,000 units of its own newlydesigned product. Division E has recelved a quote of $58 from an outside supplier for a component part that is comparable to the one that Division D makes. If the company's divisional managers are evaluated based on thelr division's profits and Division D is currently selling 15,000 units on the outside market, what is Division D's lowest acceptable transfer price if it were to sell 4,000 units to Division E? Multiple Choice $48 $50 $52 $44