Elixer Corporation planned to produce 10,000 units. Processing required 15,000 machine hours at a cost of $14,000 + $10.00 per machine hour. Actual sales were 14,000 units requiring 20,000 machine hours. Actual processing cost was $222,000. _____ is the static-budget variance for processing.

Group of answer choices

$39,000 unfavorable

$58,000 favorable

$39,000 favorable

$58,000 unfavorable

The following data for the Alpha Beta Company pertain to the production of 3,000 clay pigeons during July:

Standard variable-overhead cost was $5.00 per pound of clay.

The actual variable-overhead cost was $11,340.

Standard variable-overhead cost allowed for units produced was $12,000.

Variable-overhead efficiency variance was $340 unfavorable.

What is their variable-overhead rate variance?

Group of answer choices

$560 unfavorable

$800 favorable

$1,000 favorable

$800 unfavorable

You can receive $10,000 today or $3,000 per year for the next five years. If the required rate of return is 10%, what option should be selected? (The present value of an ordinary annuity at 10% for five periods is 3.7908. The present value of one at 10% for five periods is 0.6209.)

Group of answer choices

Neither option is desirable.

Receive $3,000 per year for the next five years.

The results are the same for both options.

Receive $10,000 today

Revenue is $300 and invested capital is $240. Expenses are currently 60% of sales. The current ROI =

Group of answer choices

None of these answers is correct

50 %

100 %

80 %