Question 1 0 out of 2 points Gamma Company used the following data to evaluate their current operating system. The company sells one of its products for $16 each and had a budgeted selling * price of $15 per unit for the product. Additional information for the product is provided below: Actual Budgeted Units sold 29365 units 31447 units Variable costs $140002 $151705 Fixed costs $44125 $48286 Calculate the static-budget variance of revenue for the product. (If the variance is unfavourable, present your answer as a negative (e.g.. -100). if it is a favourable variance, present it as it is.) Selected Answer: -33,312 Question 3 0 out of 3 points Beta Company manufactures and sells two models of watches, Alpz and Betz. It expects to sell 5,200 units of Alpz and 1162 units of Betz in 2024. The following x estimates are given for 2024: Alpz Betz Selling price $180 $550 Direct materials 35 65 Direct labour 60 150 Manufacturing overhead 82 122 Beta had an inventory of 330 units of Alpz and 131 units of Betz at the end of 2023. It has decided that e to counter stock outages it will maintain ending inventory of 380 units of Alpz and 229 units of Betz in the current year. Each Betz watch requires one unit of Silver and has to be imported at a cost of $17. There were 112 units of Silver in stock at the end of 2023. The management does not want to have any stock of Silver at the end of 2024, Compute the dollar amount budgeted for purchase of Silver in 2024. Selected Answer: 19,669 Question 5 0 out of 3 points Alpha Company produces decorative lamps and sells them at $99 per unit. In the first month of operation, 1,880 units were produced and 1,720 units were sold. Actual X fixed costs are the same as the amount budgeted for the month and the per unit administration cost for production is provided below. Other information for the month includes: Variable manufacturing costs $20.03 per unit Variable marketing costs $4.54 per unit Fixed manufacturing costs $10.39 per unit Administrative expenses, all fixed $8.96 per unit Ending inventories: Direct materials WIP -0- Finished goods 160 units Compute the operating income of the business in the first month of operation using the absorption costing method. Selected Answer. 98,587 Question 18 0 out of 2 points Delta Company developed standard costs for direct material and direct labour. At the beginning of 2024, Delta estimated the following standard costs for one of their X major products Budgeted quantity Budgeted price Direct materials 0.67 pounds $68 per pound Direct labour 0.18 hours $29.03 per hour During the month of April 2024, Delta produced and sold 23885 units of the product, using 21155 pounds of direct rials at an average cost per pound of $75 and 9964 direct manufacturing labour-hours at an average wage of $33.85 per hour. Calculate the direct manufacturing labour rate variance for April 2024. (If the variance is unfavourable, present your answer as a negative (e.g., -100), if it is a favourable variance, present only the figure.) (Round your final answer to the nearest dollar.) Selected Answer. 48.026