PLEASE ANSWER ALL OF THE QUESTION

1. 1 point 1. Schuh Corporation manufactures product AB1 which requires a raw material called XZ2. In order to make one unit of AB1, 2.5 kgs of raw materials are used. Budgeted production of AB1 for the first 5 months are as follows: January.........28,000 units February ........27,500 units March.........28,000 units April.............29,500 units May..........27,000 units The company wants to maintain an ending inventory equal to 30% of the following months raw material needs for production, Raw material costs $10 per unit Schuh Corporation now wants to make a Direct Material Budget What should be the dollar value of the ending inventory for the month of February, on the direct material budget? $21,000 $210,000 $84,000 $8400 $82,500 None of the above. 1 point 2. Use information from Question No. 1 to calculate budgeted beginning inventory (in units) for the month of April, on the direct material budget. Choose the correct answer. 8,100 units 20,250 units O 22,125 units O 73,750 units 8,850 units 3 points 3. The standards for product M66 needs 2.8 kilograms of a raw material that costs $13.50 per pound. Last month, 3,700 pounds of the raw material were purchased for $51,820. A total of 1150 units of the finished goods M66 were manufactured during the current month.. A total of 2,990 kilograms of the raw material were used to produce the finished goods. Calculate the value of Material Price Variance for the month. Show calculations clearly. [No need write the formula). Your answer 1 point 4. Use information from Question No. 3 to calculate the Material Quantity variance for the month. Choose the correct answer. $6480 U $1850 v $3105F $1495 U None of the above