Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Based on a predicted level of production and sales of 18,000 units, a company anticipates total variable costs of $59,400, fixed costs of $18,000, and
Based on a predicted level of production and sales of 18,000 units, a company anticipates total variable costs of $59,400, fixed costs of $18,000, and income of $100,980. Based on this information, the budgeted amount of fixed costs for 16,000 units would be: Multiple Choice O $88,800. O $118,980. On-Screen Keyboard - X O $18,000. F1 F2 F3 F4 5 F6 F7 F8 F9 Esc 170 171 12 X Home PgUp Nav O $59,400 Tab qwertyuiop Del End PgDn Mv Up Caps asdf gh j kl Enter Insert Pause Mv Dn O $52,800 Shift z x cvbnmCavern Company's output for the current period results in a $5,600 unfavorable direct material price variance. The actual price per pound is $62.00 and the standard price per pound is $60.00. How many pounds of material are used in the current period? Multiple Choice O 5,600. O 8,400. On-Screen Keyboard - X O 2,800. F1 F2 F3 F4 F5 F6 F7 FB F9 Esc 10 171 112 X Home PgUp Nav O 2,710. Tab qwertyuiop Del End PgDn Mv Up Caps asdf gh j kl Enter Insert Pause Mv Dn : O 8,310. Shift z x cv bn mThe standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $40 per pound. In manufacturing 7,200 units, 40,500 pounds of material were used at a cost of $41 per pound. What is the direct materials price variance? Multiple Choice O $40,500 unfavorable. O $40,500 favorable. On-Screen Keyboard - X O $108,000 unfavorable. F1 F2 F3 F4 F5 F6 F7 FB F9 X Esc 103 171 112 Home PgUp Nav O $108,000 favorable. Tab qwerty uiop Del End PgDn Mv Up Caps asdf gh j kl Enter Insert Pause Mv Dn O $67,500 favorable. Shift z x cv bnm ? Shift PrtSon ScrLk Dock Fin Alt Alt Options Help Fade
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started