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Assume the following information: Per Unit $40 16 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 120,000 180,000 51,000 $129,000 $24

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Assume the following information: Per Unit $40 16 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 120,000 180,000 51,000 $129,000 $24 of the selling price per unit increases by 10% and unit sales drop by 5%, then the best of estimate of the new net operating income is: Multiple Choice $136,200 $148,500. $143,400. $147,200. Assume that a company provided the following cost formulas for three of its expenses (where a refers to the number of hours worked): Rent (fixed) Supplies (variable) Utilities (mixed) $3,000 $4.000 $150 + $0.759 The company's planned level of activity was 2,000 hours and its actual level of activity was 1,900 hours. If these are the company's only three expenses and the company uses revenue formula of $8.35g for budgeting purposes, what net operating income would appear in the company's flexible budget? Multiple Choice O $3,940 $3,840 $3,690 $3,790 Assume that a company's planned level of activity was 3,500 units and its actual level of activity was 4000 units. The spending variance for one of its mixed expenses was $800 favorable and its activity variance was $200 unfavorable. The total amount of this mixed cost included in the planning budget was $12,000. What is the actual total amount of this mixed expense? Multiple Choice $13,200 $11,000 $11,400 $11,800 Assume the following information appears in the standard cost card for a company that makes only one product: Direct materials Direct labor Variable manufacturing overhead Standard Quantity or hours 5 pounds 2 hours 2 hours Standard Price or Rate $11.95 per pound $17.00 per hour $ 3.00 per hour Standard Cost $59.75 $34.00 $ 6.00 During the most recent period, the following additional information was available: 20,000 pounds of material was purchased at a cost of $10.50 per pound. . All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. - What is the direct materials spending variance? Multiple Choice $23,025 U $23,025 F 6597511

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