At the beginning of February, the following was determined for a particular product Standard Quantity of material per unit Standard Price of material Budgeted Units to be produced 3 lbs $2.00 per lb. 5,000 units The following data pertain to operations concerning the product for February Beginning Materials Inventory Ending Materials Inventory Actual Units Produced Materials Purchase Price Variance Materials Quantity Variance 1,200 lbs 900 lbs. 5,100 units $1,520 Favorable $400 Unfavorable What was the actual cost of materials purchased in February? Help Sove & Exit Submit Bearcat company, a merchandising company started its business at the beginning of the year 2020. The company sets the unit selling price as 120% of the total of cost of goods sold per unit 40% of the payment for merchandise purchases is made with cash in the month of purchase, and 60% is expected to be paid in the following month. The company maintains at the end of each month an inventory of 30% of the next month's cost of goods sold. Budgeted sales for the next three months are as follows: January February March $9.600 $12,000 $16.500 The unit selling price and unit purchase cost do not change for the next three months. What is the expected cash disbursement in February for merchandise purchases? Multiple Choice Help Save & Exit Submit Beau Salon provides facial spa and skincare services. The salon uses two measures of its activity Customers and Service Hours Additional information on costs and level of activity are below. Budget for salon expenses. Fixed Cost per Month Variable Cost per Customer Variable Cost per Service Hour $18.700 $100 per customer $15 per service hour 08 Actual salon expenses for the month of February are $41,200. Budget 120 500 Actual 104 Number of customers in February Number of service hours in February What is the Activity Variance for salon expenses in February? Multiple Choice $595 Favorable