please answer all

7 Actual total cost of direct materials $65,560 Direct materials price variance $ 5,960 U Standard quantity of materials allowed per 3 lbs. unit Standard price per pound of material $ 4.00 Standard rate per direct labor hour $ 5.00 Actual total direct labor hours 6,500 Direct labor efficiency variance $ 3,500 F Standard number of direct labor hours allowed 2 hours per unit Direct labor spending variance 400 V 01:58:12 eBook What is the actual price (AP) per pound of materials? Multiple Choice $4.30 per pound $4.40 per pound $4.50 per pound 00 The actual labor rate per hour is $16.50. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The labor rate variance is $22,000 F. The labor spending variance is $39,000 F. . . What is the total number of units produced (finished goods) during the period? 01:57:57 eBook Multiple Choice O 17,000 units 16,000 units 15,000 units 14,000 units 9 Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead Budgeted fixed manufacturing overhead Total budgeted manufacturing overhead $ 153,425 352,925 $ 506,350 3 01:57:42 Budgeted production (a) Standard hours per unit (b) Budgeted hours (a) * (b) 25,000 units 1.90 machine-hours 47,500 machine-hours eBook Applying Overhead: Actual production (a) Standard hours per unit (b) Standard hours allowed for the actual production (a) * (b) 23,000 units 1.90 machine-hours 43,700 machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead $ 107,000 Actual fixed manufacturing overhead 336,925 Total actual manufacturing overhead $ 443,925 Actual hours 42,800 machine-hours The variable overhead rate variance is: Multiple Choice $31,901 U Which of the following is the definition for residual income? 10 Multiple Choice 8 0157:33 Book The net operating income that an investment center earns above the minimum required return on its total sales The net operating income that an investment center earns above the minimum required return on its average operating assets The net operating income that an investment center earns above the minimum required return on its total current assets. The net operating Income that a profit center earns above the minimum required return on its total current assets. A manager of an investment center is most likely to be evaluated using a: 11 Multiple Choice 8 01:57:24 eBook variance analysis performance report. properly formatted segmented income statement. financial measure such as residual income. set of financial ratios that focus on profit margins. 12 Selling price per unit on the outside market) Variable cost per unit Fixed costs per unit (based on capacity) Capacity in units $ 60 $ 42 $ B 20,000 S 0157 Division B could use Division A's product as a component part in the manufacture of 4,000 units of its own newly designed product. Division B hos received a quote of $61 from an outside supplier for a component part that is comparable to the one that Division A makes Also assume that the company's divisional managers are evaluated based on their division's profits and that Division A is currently selling 17,000 units the outside market. If the managers of the two divisions do not agree on a transfer price and Division B purchases 4.000 component parts from an outside supplier, what would be the effect on the company's profits? ebook Multiple Choice Profits would decrease by $54.000 Profits would decrease by 558.000 Profits would decrease by 566,000 7 Actual total cost of direct materials $65,560 Direct materials price variance $ 5,960 U Standard quantity of materials allowed per 3 lbs. unit Standard price per pound of material $ 4.00 Standard rate per direct labor hour $ 5.00 Actual total direct labor hours 6,500 Direct labor efficiency variance $ 3,500 F Standard number of direct labor hours allowed 2 hours per unit Direct labor spending variance 400 V 01:58:12 eBook What is the actual price (AP) per pound of materials? Multiple Choice $4.30 per pound $4.40 per pound $4.50 per pound 00 The actual labor rate per hour is $16.50. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The labor rate variance is $22,000 F. The labor spending variance is $39,000 F. . . What is the total number of units produced (finished goods) during the period? 01:57:57 eBook Multiple Choice O 17,000 units 16,000 units 15,000 units 14,000 units 9 Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead Budgeted fixed manufacturing overhead Total budgeted manufacturing overhead $ 153,425 352,925 $ 506,350 3 01:57:42 Budgeted production (a) Standard hours per unit (b) Budgeted hours (a) * (b) 25,000 units 1.90 machine-hours 47,500 machine-hours eBook Applying Overhead: Actual production (a) Standard hours per unit (b) Standard hours allowed for the actual production (a) * (b) 23,000 units 1.90 machine-hours 43,700 machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead $ 107,000 Actual fixed manufacturing overhead 336,925 Total actual manufacturing overhead $ 443,925 Actual hours 42,800 machine-hours The variable overhead rate variance is: Multiple Choice $31,901 U Which of the following is the definition for residual income? 10 Multiple Choice 8 0157:33 Book The net operating income that an investment center earns above the minimum required return on its total sales The net operating income that an investment center earns above the minimum required return on its average operating assets The net operating income that an investment center earns above the minimum required return on its total current assets. The net operating Income that a profit center earns above the minimum required return on its total current assets. A manager of an investment center is most likely to be evaluated using a: 11 Multiple Choice 8 01:57:24 eBook variance analysis performance report. properly formatted segmented income statement. financial measure such as residual income. set of financial ratios that focus on profit margins. 12 Selling price per unit on the outside market) Variable cost per unit Fixed costs per unit (based on capacity) Capacity in units $ 60 $ 42 $ B 20,000 S 0157 Division B could use Division A's product as a component part in the manufacture of 4,000 units of its own newly designed product. Division B hos received a quote of $61 from an outside supplier for a component part that is comparable to the one that Division A makes Also assume that the company's divisional managers are evaluated based on their division's profits and that Division A is currently selling 17,000 units the outside market. If the managers of the two divisions do not agree on a transfer price and Division B purchases 4.000 component parts from an outside supplier, what would be the effect on the company's profits? ebook Multiple Choice Profits would decrease by $54.000 Profits would decrease by 558.000 Profits would decrease by 566,000