D Question 21 1 pts Based on the following information which product would you recommend and why? iPhone Samsung Sales Volume 20,000 35,000 Total Overhead Cost $60,000 $60,000 Functional Based Cost (per unit) $33.22 $28.40 Activity Based Cost (per unit) $29.30 $37.55 Traditional Based Cost (per unit) |$33.22 $28.40 Edit View Insert Format Tools Table 12pt v Paragraph BI U AV & V T V : p O words >Question 23 1 pts Using the Static Budget Report below, create a Flexible budget. What is the Total Variance between the Flexible Budget and the Actual Costs which will be shown on the Performance Report? Static Budgeted Actual Variance Production Volume 1000 Units 1200 Units Direct materials cost $320.00 $390.00 $70 U Direct labour costs $280.00 $350.00 $70 U Overhead: Supplies $80.00 $100.00 $20 U Utilities $110.00 $130.00 $20 U R&D $40.00 $44.00 $4 U Insurance $90.00 $120.00 $30 U Amortization $180.00 $220.00 $40 U Rent $400.00 $400.00 SO Total $1,500.00 $1,754 $254 U Budgetary Projection Variable Costs per unit: Direct Material Costs $0.32 Direct Labour Costs $0.28 Supplies $0.08 Utilities $0.11 Question 24 1 ptsD Question 24 1 pts Which of the following Methods of Cost Analysis would be used when you're using historical data from a similar asset to make your cost estimation? Hint: The method is detailed. 0 Activity Based Costing O Parametric Cost Method 0 Analogous Cost Method 0 Engineering Cost Method 0 Traditional Based Costing D Question 25 1.2 pts You decide to buy a house for $480,000 and make a down payment of $96,000. You qualify for a mortgage with a ve-year term with interest at 8% compounded quarterly. The amortization period on the mortgage is 25 years. What will the payments be during the term of the mortgage if you make monthly payments? Question 22 When evaluating your budgetary projections, you need assess its accuracy using the appropriate controls. Identify the nancial document you should use as a control for the following 2 components of the Master budget? Operating Budget q [Choose ] ' Statement of Shareholder's Equity Income Statement Financial Budget Balance Sheet Statement of Cashflow Notes to the Financial Statements 3 Question 22 1 pts When evaluating your budgetary projections, you need assess its accuracy using the appropriate controls. Identify the nancial document you should use as a control for the following 2 components of the Master budget? Operating Budget [Choose] V Financial Budget [Choose] l Statement of Shareholder's Equity Income Statement Balance Sheet Statement of Cashflow :> Question 23 Notes to the Financial Statements