Raven, Inc. has a division that manufactures a component that sells for $180 and has a variable cost of $40. Another division of the company wants to purchase the component. Fixed cost per unit of the component is $23. What is the minimum transfer price if the division is operating below its capacity? OA. $63 OB. $23 C. $40 D. $180 Benson Company manufactures special metallic materials for luxury homes that require highly skilled labor. Benson uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 2 pounds per unit, $4 per pound Direct labor 4 hours per unit, $16 per hour Benson produced 4,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $225,000. What is the direct labor efficiency variance? OA. $144,000 U B. $31,040 F OC. $31,040 U OD. $144,000 F Sandpiper Inc. has a division that manufactures a component that sells for $150 and has a variable cost of $35 Another division of the company wants to purchase the component. Fixed cost per unit of the component is $20. What is the minimum transfer price if the division is operating at capacity? OA. $55 OB. $35 OC. $20 D. $150 Home Decor Company manufactures special metallic materials for luxury homes that require highly skilled labor. Home Decor uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 3 pounds per unit, $3 per pound Direct labor: 4 hours per unit, $16 per hour Home Decor produced 4,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 30,000 direct labor hours and actual total direct labor costs were $387,000 What is the direct labor cost variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A. $93,000 Unfavorable B. $93,000 Favorable OC. $256,000 Unfavorable OD. $256,000 Favorable Based on the following, what is the total direct labor variance? Total Direct Materials Variance Total Product Cost Flexible Budget Variance Total Manufacturing Overhead Variance Total Direct Labor Variance (b) (c) (d) Direct Materials Direct Materials Direct Direct Labor Labor Total Variable Total Fixed Cost Efficiency Efficiency Variance Variance Cost Variance Variance Overhead Variance Overhead Variance $300 F $150 U $450 U $500 F (e) Variable Overhead Cost Variance $350 U Variable Overhead Fixed Overhead Efficiency Variance $425 F Cost Variance $650 F A. $500 F B. $450 U OC. $50 U OD. $50 F Accelerated Logistics provides the following information: Operating income Net sales Average total assets Management's target rate of return $1,550,000 $13,500,000 $1,900,000 30% What is the company's profit margin ratio? (Round your answer to two decimal places.) OA. 11.48% OB. 14.07% OC. 81.58% OD. 27.90%