For the month of July, Monroe Company, a maker of erobot, prepared the table below that shows their master budget (planning or static budget) and their flexible budget. Sales (in units) Selling Price per unit Variable Cost per unit Total Fixed Costs Master Budget 10,350 $90 $69 $124,000 Actual Results 11,000 587 $72 $125,400 12 What is the activity variance in net operating income? A $13,650 favorable B $53,750 favorable C. $67,400 favorable D. S39,600 favorable E. None of the above. 13 What is the total spending variances? A. $77,850 favorable B. $33,000 unfavorable $1,400 favorable $34,400 unfavorabze E. None of the above. 20 Hoover Corporation has a process costing system in which it uses the weighted-average method. Its partial data for the month of September are: The equivalent units for conversion costs for the month: 47,500 units The beginning work-in-process inventory (60% complete with el ballage respect to conversion costs): 15,000 units The ending work-in-process inventory (75% complete with srode si to onoha respect to conversion costs): 13,000 units The number of units started during the month was: A. 32,500 units 39,750 units 35,750 units D. 37,750 units E. None of the above B. Answer the next three questions using the following information: palmore Company produces a lightweigh tablet that is popular with college students. Filmore was planning to product 900 tablets in March, but they ended up producing 920 tablets. mote uses a standard costing. Its standards of production, March Master (statie planning) budget, and actual results are listed below: Direct Materials Direct Labor Variable MOH Fixed MOH Standards $5.40 per yard ? per DLH $2.00 per DLH $5.50 per DLH March Master Actual costs Budget incurred $ 24,300 $23,050 $ 20.250 $21.500 $ 2,700 ? $ 7,425 $7.800 direct labor-hours (DLHs). Selected information Manufacturing overhead (MOH) is applied to production on the basis relating to the month's production is given below: Actual direct labor-hours 1.400 DLHS The difference between standard and actual variable cost per tablet produced during March was $0.20 favorable. 16 Variable MOH rate variance is: $40 Favorable 5806 Unfavorable $806 Favorable $766 Unfavorable None of the above A B. C E. 17 Direct labor wage efficiency variance is: $300 Unfavorable B. S550 Favorable C. $800 Favorable D. $500 Unfavorable E None of the above