Required 1 Required 2 Required 3 Required 4 Assume there is a shortage of full-time faculty members. (Select "Yes" if the statement is an action that WSU might take to accommodate the growing student body, and "No" if it is not.) Hire parttime instructors Use graduate teaching assistants Increase the teaching load for each professor Reduce the number of courses offered. Increase class size and reduce the number of sections to be offered Have students take an Internetbased course offered by another university Shift courses to a summer session Rocket Products manufactures three types of remotecontrol devices: Economy, Standard, and Deluxe. The company, which uses activitybased costing, has identied ve activities [and related cost drivers). Each activity, its budgeted cost, and related cost driver is identied below. Activity Cost Cost Driver Material handling $ 225,666 Number of parts Material insertion 2,475,666 Number of parts Automated machinery 846,666 Machine hours Finishing 176,666 Direct labor hours Packaging 176,666 Orders shipped Total $3,886,666 The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 16,666 5,666 2,666 Orders to be shipped 1,666 566 266 Number of parts per unit 16 15 25 Machine hours per unit 1 3 5 Labor hours per unit 2 2 2 Assume that Rocket is using a volumebased costing system, and the preceding overhead costs are applied to all products on the basis of direct labor hours. The overhead cost that would be assigned to the Deluxe product line is closest to: Montana Industries has the following costs for the year just ended: Beginning variable manufacturing overhead in inventory $30,000 Beginning fixed manufacturing overhead in inventory 60, 000 Ending variable manufacturing overhead in inventory $14, 250 Ending fixed manufacturing overhead in inventory 45,000 Fixed selling and administrative costs $724, 000 Units produced 5,000 units Units sold 4, 800 units What is the difference between operating incomes under absorption costing and variable costing?O $15,000. O $30,750. O $750. O $7,500. O None of the answers is correct.Multiple Choice O $456,471. O $646,471. O $961, 176. O $1,141,176. O None of the answers is correct.Rocket Products manufactures three types of remotecontrol devices: Economy. Standard, and Deluxe. The company, which uses activitybased costing, has identied ve activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identied below. Activity Cost Cost Driver Material handling $ 225,666 Number of parts Material insertion 2,475,666 Number of parts Automated machinery 846,666 Machine hours Finishing 176,666 Direct labor hours Packaging 176,666 Orders shipped Total $3,388,888 The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 16,666 5,666 2,666 Orders to be shipped 1,666 566 266 Number of parts per unit 16 15 25 Machine hours per unit 1 3 5 Labor hours per unit 2 2 2 Assume that Rocket is using a volumerbased costing system, and the preceding overhead costs are applied to all products on the basis of direct labor hours. The overhead cost that would be assigned to the Standard product line is closest to: Partner Industries sells a single product for $50 that has a variable cost of $30. Fixed costs amount to $5 per unit when anticipated sales targets are met. If the company sells one unit in excess of its breakeven volume, prot will be: Multiple Choice $15. $20. $25. $50. an amount that cannot be derived based on the information presented. OOOOO Cost-Volume-Profit Graph A $100,000 80,000 H G 60,000 m F 40,000 C 20,000 D O 1,000 2,000 3,000 4,000 5,000 Units Refer to the figure above. Line C represents the level of:O fixed cost. O variable cost. O semivariable cost. O total cost. O mixed cost.Hum-WW Graph mm A 20.0w a 4m 5.0m um: 2am 40.001: 60.000 Refer to the figure above. Line A is the: O fixed cost line. O variable cost line. O total cost line. O total revenue line. O profit line
