Question
Multiple choice questions please help. ____ 31. The standard costs and actual costs for direct materials for the manufacture of 2,500 actual units of product
Multiple choice questions please help.
____ 31. The standard costs and actual costs for direct materials for the manufacture of 2,500 actual units of product are as follows:
Standard Costs | |
Direct materials (per completed unit) | 1.04 kilograms @$8.75 |
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|
|
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Actual Costs | |
Direct materials | 2,500 kilograms @ $8 |
The amount of direct materials price variance is:
a. | $1,875 unfavorable |
b. | $1,950 favorable |
c. | $1,875 favorable |
d. | $1,950 unfavorable |
____ 32. The production budgets are used to prepare which of the following budgets?
a. | Operating expenses |
b. | Direct materials purchases, direct labor cost, factory overhead cost |
c. | Sales in dollars |
d. | Sales in units |
____ 33. Which of the following conditions would cause the break-even point to increase?
a. | Total fixed costs decrease |
b. | Unit selling price increases |
c. | Unit variable cost decreases |
d. | Unit variable cost increases |
____ 34. Nield and Sons' static budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct labor, utilities of $5,000, and supervisor salaries of $15,000. A flexible budget for 12,000 units of production would show:
a. | the same cost structure in total |
b. | direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $18,000 |
c. | total variable costs of $136,800 |
d. | direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000 |
____ 35. Which of the following activity bases would be the most appropriate for food costs of a hospital?
a. | Number of cooks scheduled to work |
b. | Number of x-rays taken |
c. | Number of patients who stay in the hospital |
d. | Number of scheduled surgeries |
____ 36. The following data relate to direct labor costs for the current period:
Standard costs | 36,000 hours at $22.50 |
Actual costs | 35,000 hours at $23.00 |
What is the direct labor time variance?
a. | $17,500 unfavorable |
b. | $18,000 unfavorable |
c. | $5,000 favorable |
d. | $22,500 favorable |
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