NEED HELP PLEASE. The questions have multiple choice answers that are provided.

1. From the following particulars of Rose Mary Company, calculate the total direct labor variance.

A. $450 U

B. $50 F

C. $500 F

D. $50 U

2.

A company produces 1,000 packs of chicken feed per month. Sales price is $4 per pack. Variable cost is $1.50 per unit, and fixed costs are $1,800 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will go up from $1.50 to $1.90 per unit, but there will be no change in fixed costs. The company will price the new product at $4.25 to compete with other producers. How will this affect operating income?

A. Operating income will remain unchanged.

B. Operating income will go down by $400 per month.

C. Operating income will go up by $250 per month.

D. Operating income will go down by $150 per month.

3.

If the selling price of Product X is $15.50 per unit and unit fixed cost is $5.50, its contribution margin per unit is $10.00.

True OR False

4. If a company is a price-taker, it has considerable flexibility in setting its products' prices.

True OR False

5.

Nancy was reviewing the water bill for her dog day care and spa and determined that her highest bill, $3,800, occurred in May when she washed 400 dogs and her lowest bill, $2,400, occurred in November when she washed 200 dogs. What was the fixed cost associated with Nancy's water bill?

A. $1,000

B. $3,800

C. $2,400

D. $1,400

Total Production Cost Flexible Budget Variance 2 Total Direct Materials Variance Total Direct Labor Variance Total Manufacturing Overhead Variance Direct Materials Cost Variance $300 F Direct Materials Efficiency Variance $150 U Direct Labor Efficiency Direct Labor Total Variable Total Fixed Cost Variance Varince Overhead Variance Overhead Variance $450 U S500 F Variable Overhead Cost Variance S350 U Variable Overhead Fixed Overhead Efficiency Variance S425 F Cost Variance $650 F