Question 8 Not yet answered The Vega Division of Ace Company makes wheels that can either be sold to outside customers or transferred to the Walsh Division of Ace Company. Last month, the Walsh Division bought all 4,000 of its wheels from the Vega Division for $42 each. The following data are available from last month's operations for the Vega Division: Marked out of 2.00 Capacity Flag question Selling Price per Wheel to Outside Customers Variable Costs per Wheel Sold to Outside Customers 12,000 wheels $45 $30 If the Vega Division sells wheels to the Walsh Division, Vega can avoid $2 per wheel in sales commissions. An outside supplier has offered to supply wheels to the Walsh Division for $41 each. Suppose that Vega can sell 9,000 wheels each month to outside consumers, so transfers to the Walsh Division cut into outside sales. What should be the lowest acceptable transfer price from the perspective of the Vega Division if it wants to sell the Walsh Division the same number of wheels as the last month? Select one: a. $28.00 b. $31.75 c. $41.00 d. $42.00 cross out cross out cross out cross out Question 9 Not yet answered Marked out of 2.00 Flag question The Leyland Inc., follows a standard cost system. In March 2021, the company purchased 22,750 kilograms of direct material (of which only 22,500 kilograms were used) at an actual cost of $53,000. The materials quantity variance was $1,875 unfavorable, and the standard quantity of materials allowed for March production was 21,750 kilograms. What was the materials price variance for March? Select one: a. $3,875 F b. $3,875 U c. $3,250 F d. $3,250 U cross out cross out cross out cross out