Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 14 pounds per unit Direct materials standard cost $0.60 per pound Actual Direct Materials Used (AQU) 50,000 pounds Actual finished goods purchased 4,400 units What is the direct materials quantity variance? O A. $6,960 unfavorable O B. $6,960 favorable O c. $13,040 favorable OD. $13,040 unfavorable Davis Corporation manufactures and sells portable radios. The radio sells for $60.00 per unit and its variable costs per unit are $15.00. Fixed costs are $51,000 per month for sales volumes up to 26,000 radios. If more than 26,000 radios are sold, the fixed costs will be $42,000. The flexible budget would reflect what monthly operating income for a sales volume of 45,000 radios? O A. $2,700,000 OB. $42,000 O C. $1,983,000 OD. $2,025,000 Flash Il part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash Il part. The current market price of the Flash Il part is $700. The managerial accountant reported the following manufacturing costs and variable expense data: Flash E-Card Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials $820 Dired labor $130 Variable manufacturing overhead $180 Faced manufacturing overhead (current production level) $195 Variable selling expenses (only incurred on sales to outside consumers) $150 If the highest acceptable transfer price is $700 in the market, what is the lowest acceptable in-house price the Data Department should receive to produce the part in-house at the Computer Department? O A $180 OB $1,130 OC. $130 OD 5820 Weston Help A company uses the indirect method to prepare the statement of cash flows. It sold a piece of equipment at a loss of $6,600. The equipment was purchased several years ago for $74,500 and had accumulated depreciation of $56,900. What is reported under the operating activities section on the statement of cash flows? O A. The loss of $6,600 is subtracted from net income. O B. Cash proceeds of $11,000 are subtracted from net income. O C. The loss of $6,600 is added to net income. O D. Cash proceeds of $11,000 are added to net income WUJUI HIGIP DOT Safety Systems manufactures motorcycle helmets. What is the standard quantity of material used to manufacture each helmet if the material required is 1.4 pounds, and DOT allows for 0.22 pounds of waste and 0.23 pounds of rejected material? O A. 1.63 pounds OB. 1.85 pounds O C. 1.62 pounds OD. 1.4 pounds