Please work all questions 1-10 show work and answers for all questions.

1.) Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Budget Flexible SalesminusVolume Static Results Variances Budget Variances Budget Units sold 500,000 500,000 458,050 Revenues $186,150 $4,600 F (A) $6,460 U (B) Variable costs (C) $990 U $69,850 $10,500 F $80,350 Fixed costs $36,430 $3,760 F $40,190 0 $40,190 Operating income $78,880 (D) $71,510 (E) $67,470 What is the total staticbudget variance? A.$4,040 favorable B.$7,370 favorable C.$4,040 unfavorable D.$11,410 favorable 2.) Benchmarking is a process ________. A.in which the underlying processes of an organization is optimized using a systematic approach to achieve more efficient goals B.in which overhead costs are absorbed into units of output, or 'jobs' C.which is based on calculating the breakeven point and analyzing the consequences of changes in various factors calculating the breakeven point D.in which a firm's performance levels are compared against the best levels of performance in competing companies or in companies having similar processes 3.) Animent Industries, Inc. (AII), developed standard costs for direct material and direct labor. In 2015, AII estimated the following standard costs for one of their major products, the 10minusgallon plastic container. Budgeted quantity Budgeted price Direct materials 0.2 pounds $70 per pound Direct labor 0.2 hours $10 per hour During June, AII produced and sold 15,000 containers using 1,700 pounds of direct materials at an average cost per pound of $74 and 3,000 direct manufacturing laborhours at an average wage of $11.00 per hour. The direct manufacturing labor efficiency variance during June is ________. A.$3,000 favorable B.$6,600 unfavorable C.$15,000 unfavorable D.$0 4.) Lander Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and used a budgeted selling price of $10 per unit. Actual Units sold 50,000units VariableCosts $165,000 Fixed costs $45,000 Budgeted 32,000 units $157,000 $52,000 What is the staticbudget variance of variable costs? A.$ 7 comma 000$7,000 favorable B.$ 8 comma 000$8,000 unfavorable C.$ 18 comma 000$18,000 favorable D.$ 1 comma 000$1,000 unfavorable 5.) Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Budget Flexible SalesminusVolume Results Variances Budget Variances Static Budget Units sold 500,000 500,000 458,050 Revenues $186,850 $4,200 F (A) $6,460 U (B) $ 81 comma Variable costs (C) $960 U $70,710 $10,900 F $81,610 Fixed costs $36,890 $3,760 F $40,650 0 $40,650 Operating income $78,290 (D) $ 71 $71,290 (E) $66,850 What is the total salesvolume variance (E)? A $7,000 unfavorable B $11,440 favorable C $4,440 favorable D $11,440 unfavorable 6.) Animent Industries, Inc. (AII), developed standard costs for direct material and direct labor. In 2015, AII estimated the following standard costs for one of their major products, the 10minusgallon plastic container. Budgeted quantity Budgeted price Direct materials 0.2 pounds $50 per pound Direct labor 0.25 hours $35 per hour During June, AII produced and sold 19,000 containers using 1,500 pounds of direct materials at an average cost per pound of $53 and 4,750 direct manufacturing laborhours at an average wage of $36.00 per hour. The direct manufacturing labor price variance during June is ________. A.$110,500 unfavorable B.$4,750 favorable C.$4,500 unfavorable D.$4,750 unfavorable 7.) Lander Corporation used the following data to evaluate their current operating system. The company sells items for $18 each and used a budgeted selling price of $18 per unit. Actual Units sold 50,000units VariableCosts $164,000 Fixed costs $43,000 Budgeted 33,000 units $154,000 $52,000 What is the staticbudget variance of revenues? A.$306,000 unfavorable B.$306,000 favorable C.$1,000 favorable D.$17,000 unfavorable 8.) Domose Inc. planned to use $160 of material per unit but actually used $146 of material per unit, and planned to make 1,150 units but actually made 900 units. The flexiblebudget amount for materials is ________. A.$144,000 B.$167,900 C.$184,000 D.$131,400 9.) Which of the following items will be same for a flexible budget and a master budget? A.total variable cost B.total revenues C.total fixed costs D.total contribution margin 10.) Standard material cost per kg of raw material is $5.25. Standard material allowed per unit is 3 Kg. Actual material used per unit is 3.25 Kg. Actual cost per kg is $4.50. What is the standard cost per output unit? A.$17.06 B.$15.75 C.$14.63 D.$13.50