Each question is of equal value (weight). Please show your work. 1. A company's flexible budget for 12,000 units of production showed sales, $48.000; variable costs, $18,000; and fixed costs, $16,000. The sales expected if the company produces and sells 16,000 units is: A) $48,000. B) $64,000. C) $40,000 $24,000. 2. A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The fixed costs expected if the company produces and sells 16,000 units is: A) $16,000. B) $64,000. $48,000 D) $24,000. Matson Company incurred actual direct labor costs of $70.500 in April for 6.000 direct labor hours, although the standard labor cost for output produced was only $67,200 (6,400 hours at $10.50 per hour). 3. Refer to the above data. Matson's labor rate variance for April is: A $7,500 unfavorable. B) $8,000 unfavorable. C) $4,200 favorable. D) $3,300 unfavorable. 4. Refer to the above data. Matson's labor efficiency variance for April is: A) $3,300 unfavorable. B) $7,500 unfavorable. C) $4,700 favorable. D) $4,200 favorable. The following company information is available for March. Direct materials purchased and used in March Standard costs for direct materials for March production 2,500 feet @ $55 per foot 2,600 feet @ $53 per foot 5. Refer to the above data. The direct materials price variance is: A $5,000 favorable. B) $300 favorable. C) $5,200 unfavorable. D) $5,000 unfavorable