QUESTION 16 The Ralston Company manufactures a special line of graphic tubing items. The company estimates it will sell 75,000 units of this item for the next several years. The beginning finished goods inventory contains 15,000 units. The target for each year's ending inventory is 10,000 units. Each unit requires five feet of plastic tubing. The tubing inventory currently includes 70,000 feet of the required tubing, Materials on hand are targeted to equal three months production. Any shortages of materials are made up Sales take place evenly throughout the year. What are the total feet of tubing budgeted to be used in manufacturing for 2020? QUESTION 17 The following data pertains to the month of October for Elmco when production was budgeted to be 5,000 units of P90. P90 has standard costs per unit of: 3 lbs. of Direct Materials at a cost of $7.00 per Ib.: 0.20 hours of Direct Labor at $18.00 per hour; and Variable Overhead assigned on the basis of 0.05 machine hours at a rate of $50 per machine hour. Actual production of P90 for October was 4,600 units. In October the production of P90 totaled 4,600 units, using 324 machine hours costing a total of $17,066. Determine the variable overhead efficiency variance. (Negative numbers indicate a favorable variance.) QUESTION 18 Rocket Plating Company plans to manufacture 130.000 units during the year. Two types of materials are used to make Gidget Spinners: four ounces of Material A, costing $0.30 per ounce and two ounces of Material B, costing $0.40. On January 1, there are 8,000 ounces of Material A and 4,000 Ounces of Material B on hand, is planned to have 10.000 ounces of Material A and 6,000 ounces of Material B in inventory on December 31. What is the budgeted cost of purchasing Material A in the upcoming year