I need help with this questions. I only have an hour and half. Please help me get this in asap.

1) Press Corporation is a multi-divisional company, and its managers have been delegated full profit responsibility and complete autonomy to accept or reject transfers from other divisions. Division A produces 1,000 units of a subassembly that has a ready market. One subassembly is currently used by Division B for each final product manufactured, the latter of which is sold to outsiders for $1,400. Division A charges Division B the $900 market price for the subassembly. Variable costs are $600 and $550 for Divisions A and B, respectively. The manager of Division B feels that A should transfer the subassembly at a lower price because B is currently unable to make a profit. (3+3+3) Required: Part A: Calculate the contribution margins (total dollars and per unit) of Division A and B, as well as the company as a whole, if transfers are made at market price. Part B: Assume that Division A can sell all of its production in the open market. From the company's perspective, should Division A transfer goods to Division B? If so, at what price? Part C: Assume that conditions have changed and A can sell only 500 units in the market at $800 per unit. From the company's perspective, should A transfer all 1,000 units to B or sell 500 in the market and transfer the remainder? Show calculations to support your answer. 2) The O'Conner Company manufactures ceramic cases. In April 2009, two thousand vases were produced. The following information is related to its two direct manufacturing cost categories of direct materials and direct labor. Direct materials used were 4,400 pounds. The standard direct materials input allowed for one output unit is 2 pounds at $15 per pound, and the direct material was purchased for a price of $16.50 per pound. Actual direct laborhours were 3,250 at a total cost of $40,300. Standard manufacturing labor time allowed is 1.5 hours per vase and the standard direct labor wage rate is $12 per hour. (4+4 = 8 points) Required: a) Calculate the flexible budget direct materials variance. Also calculate the direct materials price and efficiency variances b) Calculate the flexible budget direct labor variance. Also calculate the direct labor rate and efficiency variances. BC Company uses an overhead costing system based on direct labor hours for its two products X and Y The company is considering adopting an activity. based costing system, and collects the following information for the month of October. Product Product X Y 20,000 2,000 Production Units Direct materials cost per unit Direct labor cost per hour Direct labor hours Overhead Cost pool $50.00 $40.00 $10.00 $10.00 34,000 6,000 Overhe Total ad cost activity Activity Consumpt ion Product Product Y X 1,000 setups 300 700 Engineering change order 80,000 100 orders 20 80 Facility rent 80,000 1,000 sq. feet 300 700 Machine setup $60,000 (3+4+2 = 9 points) (a) Compute the unit manufacturing costs of each product under a traditional (i.e. volume based) costing system using \"direct labor cost\" as the allocation basis. (b) Compute the unit manufacturing costs of each product under the activitybased costing system. Use the overhead cost pools and the corresponding activity for each pool that have been provided to you for allocating overhead costs. (c) Which product appears \"more expensive\" to manufacture under a traditional costing system compared to ABC costs? Why? a) Division A Sales at 1400 transfers at 900 Less variable Costs Contribution Margin Unit Contribution Margin b) c) Transfer all units to division B Company sales Less Variable Cost Contribution margin 900,000 (600,000) 300,000 300 Division B 1,400,000 (900,000) (550,000) (50,000) (50) 1,400,000 (1,150,000) 250,000 Sell 500 units in the market and remaining to division B Company sales Less variable Cost Contribution margin 1,100,000 875,000 225,000 Division B should transfer all 1000 units to division B to produce an additional (250,000 -225,000) = $25,000 of contribution margin. Total 1,400,000 (1,150,000) 250,000 250 a) Division A Sales at 1400 transfers at 900 Less variable Costs Contribution Margin Unit Contribution Margin b) c) 900,000 (600,000) 300,000 300 Transfer all units to division B Company sales Less Variable Cost Contribution margin Division B 1,400,000 (900,000) (550,000) (50,000) (50) Total 1,400,000 (1,150,000) 250,000 250 1,400,000 (1,150,000) 250,000 Sell 500 units in the market and remaining to division B Company sales Less variable Cost Contribution margin 1,100,000 875,000 225,000 Division B should transfer all 1000 units to division B to produce an additional (250,000 -225,000) = $25,000 of contribution margin. a) Calculate the flexible budget direct materials variance. Also calculate the direct materials price and efficiency variances Flexible Budget = 1) 66,000 Direct Material Price Variance =Actual quantity (Actual price- Std. price) = 4,400($16.50-$15) = $6,600(UF) 2) Direct Material Quantity Variance = Std. Price (Actual Quantity -Std. Quantity) = $15 (4,400- 2,000*2) = $6000(UF) b) Calculate the flexible budget direct labor variance. Also calculate the direct labor rate and efficiency variances. Flexible Budget 1) 39,000 Labor rate variance = Ah * (AR-SR) = 3,250hrs ($12.40 - $ 12) =$1,300 (UF) 2) Labor efficiency variance = SR *(AH-SH) = $12.40 (3,250 -3,000) =$3,100 (UF)