Coronado Industries's variance report for the purchasing department reports 2000 units of material A purchased and 3400 units of material B purchased. It also reports standard prices of $2 for Material A and $3for Material B. Actual prices reported are $2.10 for Material A and $2.80 for Material B. Coronado should report a total price variance of $480 F $540 F. O $540U. $480 U, A company's planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Fixed Depreciation $60000 Variable Indirect $240000 materials Indirect labor 300000 Factory 30000 supplies Taxes 10000 Supervision 50000 A flexible budget prepared at the 80000 machine hours level of activity would show total manufacturing overhead costs of O $576000 @ $456000. O $570000 O $552000. In Sheffield Corp's income statement they report gross profit of $65000 at standard and the following variances: Materials price $420 F 600 F Materials quantity Labor price 420U 1000 F Labor quantity Overhead 900 F Sheffield would report actual gross profit of $67500. O $68340. $62500. O $61660