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it is all the same question, different parts. please answer all parts as that wiuld be cery helpful. The following information relates to Mapfes Manufacturing

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it is all the same question, different parts. please answer all parts as that wiuld be cery helpful. image text in transcribed
The following information relates to Mapfes Manufacturing Corporation for next quarter: Expected sales (in units) Desired ending finished goods inventory (in units) January 440,000 39,000 February 380,000 38,000 March 390,000 40,000 How many units should the company plan on producing for the month of February? A. 390,000 units B. 391,000 units C. 389,000 units D. 379,000 units Magno Cereal Corporation uses a standard cost system for its oat cereal, with the following materials standards per batch of cereal: Standard Quantity 1.4 pounds of oats Standard Price $3.00 per pound Standard Cost $4.2 per unit Direct Materials During the month of August, Magno purchased 90,000 pounds of oats for $2.75 per pound and used it all to make 60,000 batches of cereal. What is Magno's materials quantity variance for August? A. $22,500 Favorable B. $18,000 Favorable C. $22,500 Unfavorable D. $18,000 Unfavorable Dreckman Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting expenses and the actual expenses for August. Variable Estimate per Customer Served $ 900 $ 600 Fixed Estimate per Month $ 46,600 $ 4,000 Employee salaries and wages Travel expenses Actual Total for August $ 74,700 $ 23,800 When the company prepared its planning budget at the beginning of August, it assumed that 30 customers would have been served. However, 36 customers were actually served during August. The "Travel expenses" in the flexible budget for August would have been: A. $25,600 B. $18,000 C. $22,000 D. $23,800 Which budget lists all costs of production other than direct materials and direct labor? A. Manufacturing Overhead Budget B. Cash Budget C. Selling and Administrative Budget D. Cash Budget The following information relates to Mapfes Manufacturing Corporation for next quarter Expected sales in units) Desired ending finished goods inventory in units January 440.000 39,000 February 380,000 38.000 March 390,000 40.000 How many units should the company plan on producing for the month of February A 390,000 units 8 391.000 units 389.000 units D 379.000 units Magno Cereal Corporation uses a standard cost system for at cereal with the following materials standards per batch of creat Direct Materials Standard Quantity 1.A pounds of cats Standard Price 53.00 per pound Standard Cost $4.2 per un During the month of August, Magno purchased 90.000 pounds of oats for $2.75 per pound and used all to make 60.000 batches of cereal What is Magno's materials quantity variance for August? A $22.500 Favorable B $18,000 Favorable C 522.500 Unfavorable 0.318.000 Unfavorable Dreckman Corporation is a service company that measures is output by the number of customers served. The company has provided the following foxed and variable cost estimates that it uses for budgeting expenses and the actual expenses for August Fixed Estimate per Variable Estimate per Customer Served 900 $ 600 5 Employee salaries and wages Travel expenses 46,600 4.000 Actual Total for August 74.700 $ 23,800 $ When the company prepared its planning budget the beginning of August. It assumed that 30 customers would have been served. However, 36 customers were actually served during August The Travel expenses in the flexible budget for August would have been A 525,600 $18.000 $22.000 D.523,800 Which budget lists all costs of production other than direct materials and direct labor? A. Manufacturing Overhead Budget B. Cash Budget Selling and Administrative Budget D. Cash Budget

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