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Question 5 2 pts A company has collected the following information: Units produced 1,000 Units sold 800 @$40 DM, DL, VOH $5.00 per unit Variable Selling & $1.00 per Admin unit Fixed Overhead $16,000 Fixed Selling $12,000 When preparing a contribution format income statement using variable costing, total variable product cost would be: $4,000. $5,000 $6,000 $4,800. 2 pts Question 6 A company has collected the following information: Units produced 1,000 Units sold 800 @$40 DM, DL, VOH $5.00 per unit Variable Selling $1.00 per unit & Admin Fixed Overhead $16,000 Fixed Selling $12,000 The company had no beginning inventory. Total period expense under variable costing would be: $29,000. $28,800. $28,000. $12,800. 2 pts Question 7 A company has collected the following information: Units produced 1,000 Units sold 800 @$40 DM, DL, VOH $5.00 per unit Variable Selling $1.00 per unit & Admin Fixed Overhead $16,000 Fixed Selling $12,000 The company had no beginning inventory. Total period expense under absorption costing would be: $12,800. $28,000. $13,000 $16,800. Question 9 2 pts The Chocolate Factory manufactures chocolate bunnies and ducks. It prepares Division Reports for internal use by the three geographic locations in which is sells its products: California, Colorado and Oregon. The Factory is required to disclose segment information for external reporting. Which of the following statements would be correct about the segment reporting for The Chocolate Factory? (select ALL that are correct) The Company should include division variable costs and exclude all common fixed costs on the Divisional Segment Reports for Colorado. The Chocolate Factory must report segment information by georgraphic location for external reporting purposes. Traceable fixed costs for California should be included on its Divisional Segment Report. The best measure of the Oregon Division's performance would be a segment report which includes the division's variable costs, traceable fixed costs, and 1/3 of the common costs