Flying High Company manufactures model airplanes. During the month, it manufactured 10,000 airplanes. Each one used an average of 6.5 direct labor hours and an average of 15 sheets of aluminum. Materials standards for making the au planes are: Direct Materials (1 sheet of aluminum @ $10.00) Direct Materials (other accessories @ $8.75) $10.00 Compute the standard number of sheets of aluminum allowed for a volume of 10,000 airplanes. 7.500 sheets 10,000 sheets 11.250 sheets 15.000 sheets During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 15 pounds of steel per blade at a standard cost of $8 per pound. The actual cost was $7 per pound. The actual pounds of steel that Cisco purchased were 19,500 pounds. All materials purchased were used. Calculate Cisco's materials usage variance. O $10,500U $12,000 U O $12,000 F $10,800 F Atlas Company provided the following information for last year. Sales Operating income $ 92,000 235,000 Beginning operating assets 410,000 Ending operating assets 440,000 Calculate Atlas's turnover ratio for last year. (Note: Round answer to two decimal places.) 0.55 0.32 o 0.46 O 2.15