Question 5 1 pts Nolan Company uses a budgeted direct labor rate of $ 10 per hour. The company expects to operate at 8,000 direct labor hours each month. In March, direct labor totaling $79,790 is incurred in working 7,900 direct labor hours. A FLEXIBLE budget report would indicate that direct labor for March was $ 100 favorable $ 790 unfavorable $ 210 favorable $1,000 unfavorable. Question 6 1 pts Langdon Manufacturing Company prepared a STATIC budget based on 50,000 direct labor hours which showed $150,000 for variable overhead and $250,000 for fixed overhead. Langdon then prepared a FLEXIBLE budget for 40,000 labor hours. How much is total amount of budgeted overhead costs at 40,000 labor hours? $370,000 $350,000 $400,000 $320,000 D Question 7 1 pts Harris Division operates as a profit center. It reports the following data. Budget amounts Actual results Sales $770,000 $850,000 Variable costs 350,000 400,000 100,000 120,000 Allocated fixed costs 80,000 85.000 Direct fixed costs 70,000 80,000 Noncontrollable fixed costs What is the Difference for the controllable margin indicated on the responsibility report for Harris Division for the year? $5,000 favorable $25,000 favorable $30,000 favorable $5,000 unfavorable 1 pts Question 8 Which of the following would be the same total amount on a flexible budget and a static budget even when the actual activity level is different from the budgeted activity level? Depreciation expense Direct labor cost Direct materials cost Supplies expense