please explain.

A company has determined that the standard for materials is 10 ft. at $5 per square foot. If a process produces 1000 units and uses 11 ft. per unit at $5.20 per square foot. the materials price variance is Select one: O a. $5000 favorable O b. $5000 unfavorable O c. $2200 unfavorable O d. None of the above 4 A company has determined that the standard for labor is 2 direct labor hours per unit produced. The variable overhead application rate is 51 per direct labor hour. If a company produces 1000 units with 1900 direct labor hours and the actual variable overhead is $2200, what is the variable overhead efficiency variance? Select one: a. $300 unfavorable O b. $300 favorable O c. $100 favorable O d. $100 unfavorable Henson produces a product that requires 10 standard labor hours at $5/hr. If Henson produces 1.000 units and uses 10,000 direct labor hours, the labor efficiency variance is: Select one: O a. $10,000 O b. 50.000 . 0 O d. none of the above Stephen LLC produces hedge trimmers and has recently adopted activity based costing, Overhead information was recently gathered with respect to the operation of the stamping machine: machine setups, number of setups, quality control, and number of quality control inspections. Total overhead costs for the operation of the stamping machine are $120,000 of which $90.000 is setups and $30,000 is quality control. There were 3000 quality control inspections. The overhead application rate for quality control is Select one: O a $10 O b. $9 O c. None of the above In year four, Smith LLC had EBIT of 100. Taxes were 30% and depreciation was 15. Cash flow in year four was Select one: O a. 75 O b. 85 O c.95 O d. 105 Ellison LLC uses variable costing and absorption costing. If Allison sells the same amount of units that produces the variable costing income statement shows compared with the absorption costing income statement. Select one: O a. More O b. Less O c. The same