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General Electric budgeted 5,000 pounds of material costing $700 per pound to produce 2,500 units. The company actually used 5.500 pounds that cost $710 per pound to produce 2,500 units. What is the direct materials price variance? Multiple Choice $550 unfavorable. $500 unfavorable. $3.500 unfavorable. O S4,050 unfavorable $3.550 unfavorable. Data pertaining to a company's joint production for the current period follows: Quantities produced Market value at split-off point L M 225 lbs. 180 lbs. $ 8/lb. $ 15/lb. Compute the cost to be allocated to Product M for this period's $760 of Joint costs If the value basis is used. Multiple Choice O $906 $380. $456. $304 General Electric has the following information. What is the direct materials quantity variance? Direct materials standard (5 lbs @ $1/16) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $5 per finished unit $23, 250 180,000 lbs. 30,000 units Multiple Choice $6,750 favorable. O $30,000 favorable. O $23.250 favorable O $30,000 unfavorable A company is planning to purchase a machine that will cost $26.400 have a six-year life, and be depreciated over aske year period with no salvage value. The company expects to sell the machine's output of 3.000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below What is the accounting rate of return for this machine? $ 93,000 Sales Costs: Manufacturing Depreciation on machine Selling and administrative expenses Income before taxes Income tax (40%) Net income $50,000 4,400 33,000 (87,400) $ 5,600 (2,240) $ 3,360 Multiple Choice 50.00% 1273 Two investment centers at General Electric report the following current-year information: Investment center income Investment center average invested assets Investment Investment Center A Center 8 $ 390,000 $ 482,400 $2,460,000 $2,010,000 The return on investment (ROI) for Investment Center 8 is: Multiple Choice 24.0% 35.5% 416.7% 19.5% A company has two departments. Y and Z that incur wage expenses An analysis of the total wage expense of $21.000 indicates that Dept Y had a direct wage expense of $2.400 and Dept. Z had a direct wage expense of $4,100. The remaining expenses are Indirect and analysis indicates they should be allocated evenly between the two departments Departmental wage expenses for Dept. Y and Dept. , respectively, are Multiple Choice $10,500; $10,500 $9,650: $11,350. O $7,250: $7.250 $1,350 $9,650. $2,400, 54,100