I want to know the answer, don't need to show work.

Problem 10A-8 Comprehensive Standard Cost Variances [LO1, LO2, LO3, LO4] \"It certainly is nice to see that small variance on the income statement after all the trouble we've had lately in controlling manufacturing costs,\" said Linda White, vice president of Molina Company. \"The $22,400 overall manufacturing variance reported last period is well below the 3% limit we have set for variances. We need to congratulate everybody on a job well done.\" The company produces and sells a single product. The standard cost card for the product follows: Standard Cost CardPer Unit Direct materials, 4.50 yards at $4.60 per yard Direct labor, 2.6 direct laborhours at $16.00 per direct labor-hour Variable overhead, 2.6 direct labor-hours at $1.70 per direct labor-hour Fixed overhead, 2.6 directlabor hours at $8.00 per direct labor-hour $ 20.70 41.60 4.42 20.80 Standard cost per unit $ 87.52 The following additional information is available for the year just completed: a. The company manufactured 20,000 units of product during the year. b. A total of 88,000 yards of material was purchased during the year at a cost of $4.70 per yard. All of this material was used to manufacture the 20,000 units. There were no beginning or ending inventories for the year. c. The company worked 55,000 direct labor-hours during the year at a cost of $15.70 per hour. d. Overhead cost is applied to products on the basis of standard direct labor-hours. Data relating to manufacturing overhead costs follow: Denominator activity level (direct labor-hours) Budgeted fixed overhead costs Actual fixed overhead costs Actual variable overhead costs 50,000 $ 400,000 $ 396,700 $ 99,000 Required: 1. Compute the direct materials price and quantity variances for the year. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) Direct materials quantity variance Direct materials price variance $ $ 2. Compute the direct labor rate and efficiency variances for the year. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) Direct labor efficiency variance Direct labor rate variance $ $ 3. For manufacturing overhead, compute the following: a. The variable overhead rate and efficiency variances for the year. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) Efficiency variance Rate variance $ $ b. The fixed overhead budget and volume variances for the year. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) Volume variance Budget variance $ $ Problem 11-14 Return on Investment (ROI) and Residual Income [LO1, LO2] \"I know headquarters wants us to add that new product line,\" said Fred Halloway, manager of Kirsi Products' East Division. \"But I want to see the numbers before I make a move. Our division's return on investment (ROI) has led the company for three years, and I don't want any letdown.\" Kirsi Products is a decentralized wholesaler with four autonomous divisions. The divisions are evaluated on the basis of ROI, with year-end bonuses given to divisional managers who have the highest ROI. Operating results for the company's East Division for last year are given below: Sales Variable expenses $ Contribution margin Fixed expenses 27,000,000 14,000,000 13,000,000 10,759,000 Net operating income $ 2,241,000 Divisional operating assets $ 5,400,000 The company had an overall ROI of 18% last year (considering all divisions). The company's East Division has an opportunity to add a new product line that would require an investment of $3,200,000. The cost and revenue characteristics of the new product line per year would be as follows: Sales Variable expenses Fixed expenses $ 9,920,000 65% of sales $ 2,777,600 Required: 1. Compute the East Division's ROI for last year; also compute the ROI as it would appear if the new product line is added. (Round your intermediate calculations and final answers to 2 decimal places. Omit the "%" sign in your response.) ROI % % % Present New product line alone Total 2. Suppose that the company's minimum required rate of return on operating assets is 15% and that performance is evaluated using residual income. a. Compute the East Division's residual income for last year; also compute the residual income as it would appear if the new product line is added. (Omit the "$" sign in your response.) Present Residual income $ New product line alone $ Total $ Exercise 12-12 Make or Buy a Component [LO3] Royal Company manufactures 27,000 units of part R-3 each year for use on its production line. At this level of activity, the cost per unit for part R-3 is: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total cost per part $ 4.10 7.00 3.90 12.00 $ 27.00 An outside supplier has offered to sell 27,000 units of part R-3 each year to Royal Company for $48.00 per part. If Royal Company accepts this offer, the facilities now being used to manufacture part R-3 could be rented to another company at an annual rental of $788,000. However, Royal Company has determined that $8 of the fixed manufacturing overhead being applied to part R-3 would continue even if part R-3 were purchased from the outside supplier. Required: a. What is the total relevant cost of making the product? (Omit the "$" sign in your response.) Total relevant cost of making the product (27,000 units) $ b. What is the total relevant cost of buying the product? (Omit the "$" sign in your response.) Total relevant cost of buying the product (27,000 units) $ c. What is the opportunity cost of making instead of buying? (Omit the "$" sign in your response.) Total opportunity cost $ d. How much profits will increase or decrease if the outside supplier's offer is accepted? (Input the amount as a positive value. Omit the "$" sign in your response.) Profits would by $