please answer all 4 questions in the separate pics below
Which of the following must be prepared after the sales budget but before the direct labor budget? Multiple Choice OL.09.08 O Production budget Selling expense budget ( Merchandise purchases budget. O Capital expenditures budget Budgeted Income statement Ravena Labs., Inc, makes a single product which has the following standards: 14 Direct materials: 2.5 ounces at $20 per ounce Direct labor: 1.4 hours at $12.50 per hour Variable manufacturing overhead: 14 hours at 3.50 per hour Variable manufacturing overhead is applied on the basis of standard direct labor-hours. The following data are available for October 8 08:51 . 3,750 units of compound were produced during the month. . There was no beginning direct materials inventory. Direct materials purchased: 12.000 ounces for $225,000 The ending direct materials inventory was 2.000 ounces. Direct labor hours actually worked: 5.800 hours at a cost of $67,200 Variable manufacturing overhead costs incurred amounted to $18,200. Variable manufacturing overhead applied to products: $18.375 The labor efficiency variance for October is: Multiple Choice $1,400 Favorable Brummer Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.1 hours per unit. The variable overhead rate standard is $8.00 per hour. In January the company produced 8,700 units using 810 direct labor-hours. The actual variable overhead rate was $7.80 per hour. The variable overhead rate variance for January is: points Multiple Choice The following materials standards have been established for a particular product: 16. Standard quantity per unit of output Standard price 5.3 meters $ 17.20 per meter points (8 010822 The following data pertain to operations concerning the product for the last month: Actual materials purchased and used Actual cost of materials purchased Actual output 8,400 meters $146,580 1,980 units What is the materials price variance for the month? Multiple Choice O $87250 O $3,1410