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Question 6 3 pts Lydia Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $43,000 + $12 per machine
Question 6 3 pts Lydia Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $43,000 + $12 per machine hour. Actual sales were 15,000 units requiring 20.000 machine hours. Actual processing cost was $253,000. is the flexible-budget variance for processing. $30,000 unfavorable $18,000 favorable $18,000 unfavorable $30,000 favorable Question 7 3 pts Lydia Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $43,000 + $12 per machine hour. Actual sales were 15,000 units requiring 20.000 machine hours. Actual processing cost was $253,000. is the static-budget variance for processing. $30,000 unfavorable $30.000 favorable $18,000 favorable $18,000 unfavorable Question 8 2 pts Identify which statement below would not be a possible reason for a variance between a flexible budget and actual results. Material prices were different than expected The amount of labor used per unit of output was different than expected The actual volume of activity was different than expected Labor prices were different than expected
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