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BOC Corporation is analyzing the direct material variances for its most popular product. The direct material is increasingly hard to find and the standard price per ounce of material is $6.45. The company actually had to pay $7.25 per ounce due to the lack of available vendors selling the material. BOC Corporation usually expects to use 125 ounces of material per unit; however, they actually used 110 ounces per unit. Given this information, BOC Corporationw would expect to calculate on): Multiple Choice favorable direct material price variance and an unfavorable quantity variance o oo unfavorable direct material price variance and a favorable quantity variance favorable direct material price and quantity variances O C) unfavorable direct material price and quantity variances Draw 22 of 40 Next > Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $2.75 per unit. Bluebird currently produces and sells 75,000 units at $7.00 each. This level represents 80% of its capacity. Production costs for these units are $3.50 per unit, which includes $2.25 variable cost and $1.25 fixed cost. If Bluebird accepts this additional business, the effect on net income will be: Multiple Choice O $41,250 Increase ( ) $11,250 Increase $11,250 decrease C ) $7,500 increase The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $3,044. A total of 40 direct labor hours and 100 machine-hours were worked on the job. The direct labor wage rate is $15 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $13 per machine- hour. The total cost for the job on its job cost sheet would be: Multiple Choice $4,944 53,044 54.996 Seaside Sales reports the following information from its sales budget: Expected sales: October November December $143,000 151,000 187,000 All sales are on credit and are expected to be collected 30% in the month of sale and 70% in the month following sale. The total amount of cash expected to be received from customers in November is: Multiple Choice $294,000. $45,300. $ 148,600. 5145,400

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