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please answer 14, 15, 16, 17, 18) thanks!! 14. The standards for direct materials in making a certain product are 20 pounds at $0.75 per

please answer 14, 15, 16, 17, 18) thanks!! image text in transcribed
14. The standards for direct materials in making a certain product are 20 pounds at $0.75 per pound. During the past period, 56,000 units of product were made and the material quantity variance was $30,000, favorable. The number of pounds of direct material used during the period amounted to: a. 1,080,000 b. 1,160,000 c. 1,120,000 d. 784,000 e. 1,453,333 15. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. If the labor efficiency variance is unfavorable, the variable overhead efficiency variance will be: a. Favorable b. Unfavorable c. Not enough information to determine d. It can be either favorable or unfavorable e. Zero 16. The Regal Blue company has a standard costing system. In June, the standard quantity of direct materials purchased was 35,000 pounds at a standard price of $4/1b. The material price variance was $7,000, unfavorable while the material quantity variance was $4,200, favorable. Therefore, the actual price per pound of the direct materials purchased in June was: a. $3.92 b. $4.32 c. $3.85 d. $4.08 e. $4.20 17. The general model for calculating a quantity variance is: a. Actual quantity of inputs used Actual price) - (Standard quantity allowed for output x Standard price). d. Actual price (Actual quantity of inputs used - Standard quantity allowed for output) e. (Actual price x Standard Price) - (Actual Quantity x Standard Quantity) 18. At a break-even point of 800 units sold, White Corporation's variable expenses are $8,000 and its fixed expenses are $4,000. What will the corporation's net operating profit be at a volume of 801 units? a $15 b. $10 c. $20 d. $25 e. $5

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