managrial accouinting

ACC 105-2 online - Managerial Accounting Question 2 Quiz n Jacobs Company has the following Not yet variable costs per unit: (a.) direct material - $3.00; (b) direct labour - $4.00; (c) indirect materials - $1.50; (d) 1 answered Marked out of indirect labour - $2.00; (e) other variable factory overhead - $2.00. 7.00 Fixed overhead costs are expected to be: (a) utilities - $21,500; (b) supervisors salaries -$45,000; Finis F Flag question (c) depreciation -$65,000; (d) other fixed overhead - $14,000. Tim A. Prepare a flexible budget for the following levels of production: 20,000 units and 24,000 units ? Wat is the flexible budget formula? B) Jacobs Company manufactures ceramic tiles. For January 2020, it budgeted to purchase and use 10,000 pounds of clay at $0.70 a pound. Actual purchases and usage for January 2020 were 11,000 pounds at $0.65 a pound. Jacobs Company budgeted for 40,000 ceramic tiles. Actual output was 43,000 ceramic tiles. 1. Compute the flexible-budget variance for Direct material. 2. Compute the direct material price and efficiency variances. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. Paragraph B