M5-8 (Algo) Predicting Cost Behavior [LO 5-2,5-3] Randy Company produces tennis rackets. If the fixed cost per racket is $15 when 70,000 rackets are produced, what is the fixed cost per racket when 35,000 rackets are produced? Fixed cost per racket M9-9 (Algo) Calculating Direct Materials Cost Variances (LO 9-3) Acoma, Inc., has determined a standard direct materials cost per unit of $7.20 (2 feet * $3.60 per foot). Last month. Acoma purchased and used 4,590 feet of direct materials for which it paid $16,065. The company produced and sold 2,130 units during the month. Calculate the direct materials price, quantity, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance E8-11 (Algo) Calculating Cash Receipts [LO 8-4) Shadee Corp. expects to sell 640 sun visors in May and 430 in June. Each visor sells for $10.Shadee's beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. It expects the following unit sales for the third quarter. July August September 530 440 450 Sixty percent of Shadee's sales are cash or the credit sales, 50 percent is collected in the month of the sale, 38 percent is collected during the following month, and 12 percent is never collected. Required: Calculate Shadee's total cash receipts for August and September. (Do not round your intermediate calculations. Round your answers to the nearest whole dollar.) August September Total Cash Receipts