QUESTION 6 Norio Manufacturing uses powdered plastics (PPS) to manufacture a high pressure board used in a digital equipment product, Flex 10. Informacion concerning its operation in June is as follows Budgeted units of Flex 10 for June 6,700 Budgeted usage of PPS 50.300 pounds Actual number of units of Flex 10 manufactured 5.700 PPS purchased 78.960 pounds PPS used 56.000 pounds Total actual cost of PPS used 5356.160 Direct materials usage variance $39.480 unfavorable The cost of PPS in the flexible budget for the number of units manufactured this period rounded to nearest dollaris. rev. 11.19.2020.00.05-241629 3562,800 5427,560 5663.264 $506520 100.920 QUESTION 7 In September, Larson Inc. sold 40,000 units of its only product for $240,000, and incurred a total cost of $225.000, of which $25,000 were foed costs. The fleable budget for September showed total sales of $300,000. Among variances of the period were total variable cost flexible budget variance, 58,000, total flexible budget variance 563.0004: and sales volume var lance, in terms of contribution margin, 527,000u. The total sales revenue in the master budget for September, to the nearest dollar, was $300,000 5425.000 5327,000. 5350,000 5375.000 QUESTION 8 Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed Actual A Flexible Master B Budget Budget Units 1,460 1,160 Sales (dollars) 5 97.000 $ 19,200 F Variable cost E $ 55,680 Contribution Margin $ 1.000 U D Fixed cost E $5,040 Operating income 5 14,000 The sales volume variance in terms of operating income to the nearest dollar) is: O $10,080 unfavorable $15,000 favorable. $11.540 favorable 54,800 favorable 514.000 unfavorable QUESTION 9 Machine Builders Inc adopted a standard cost system several years ago that it uses in conjunction with its process cost system. The per unit standard costs for direct materials and direct labor for its single product are as follows: Materials: (6 kilograms 510 per kilogram) 560 Labor: (5 hours 519 per hour) 595 All materials are issued at the beginning of processing. The operating data shown below were taken from the records for July In process beginning inventory none In-process ending inventory-90% complete as to labor 1,000 units Units completed during the month 7,200 units Budgeted output 7.500 units Purchases of materials in kilograms (AQI 22,000 Total actual labor costs incurred 5 533,000 Direct labor hours worked (AQ) 26,000 hours Materials purchase price variance $ 2,200 unfavorable Increase in materials inventory in July 1.800 kilograms Beginning inventory of materials 0 kg The direct labor rate variance for July to nearest dollar) is: (Round your intermediate calculations to 2 decimal places.) $34,600 favorable 575.600 unfavorable $76,200 unfavorable 539,000 unfavorable. 524.600 favorable QUESTION 11 Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials kilograms 512 kilogram) - 560/unit: direct labor (3.5 hours unit * $20/hour) - 370/unit. All materials are issued at the beginning of processing. The operating data shown below were taken from the records for December In process beinning inventory None in process ending inventory-80% complete as to labor 1.050 units Units completed during the period 6,880 units Budgeted output 7.470 units Purchases of materials (in kilograms) 44,500 Total actual direct labor cost incurred 5.543,890 Direct labor hours worked (AQ) 27.400 hours Materials purchase price variance $5,785 favorable Increase in materials inventory in December 3.800 kilograms The direct labor flexible budget variance for December (rounded to the nearest dollar) was O $12.710 unfavorable 53.490 unfavorable O $4,110 favorable 57,400 unfavorable