Jasmine Company produces hand tools. A sales budget for the next four months is as follows: March 10,000 units, April 13,000, May 16,000 and June 21,000. Jasmine Company's ending finished goods inventory policy is 10% of the following month's sales. March 1 inventory is projected to be 1, 400 units. How many units will be produced in March? A. 10,000 B. 9, 900 C. 13,000 D. 10, 100 If the labor efficiency variance is unfavorable, then A. actual hours exceeded standard hours allowed for the actual output B. standard hours allowed for the actual output exceeded actual hours. C. the standard rate exceeded the actual rate. D. the actual rate exceeded the standard rate. Last month 75,000 pounds of direct material were purchased and 71,000 pounds were used. If the actual purchase price per pound was exist0.50 more than the standard purchase price per pound, then the materials price variance was: A. exist2,000 F B. exist37, 500 F C. exist37, 500 U D. exist35, 500 U The Cox Company uses standard costing. The following data are available for April: Actual quantity of direct materials used 12, 200 gallons Standard price of direct materials. exist4 per gallon Material quantity variance exist2,000 unfavorable The standard quantity of material allowed for April production is: A. 14, 200 gallons B. 12, 700 gallons C. 11, 700 gallons D. 10, 200 gallons A general rule in relevant cost analysis is: A. variable costs are always relevant B. fixed costs are always irrelevant C. differential future costs and revenues are always relevant. D depreciation is always irrelevant