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Show all work, please. 8. points) manufactures and sells a single product. During February, the company budgeted for sales of 5,000 units, but its actual

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8. points) manufactures and sells a single product. During February, the company budgeted for sales of 5,000 units, but its actual level of sales was 5,100 units. The company has provided the following data Data used in budgeting variable cost T Fixed costs Per month 3610 per unit Actual Results Revenue $224,400 Direct labor $32,500 Direct materials $19.90 $101.880 Manufacturing overhead $1.00 $40,700 44,600 Administrative expenses $26.000 $0.20 Net operating income $17,120 a. What was the spending variance for direct labor for February? (Indicate whether it was favorable unfavorable.) b. Give one specific, plausible reason for the spending variance in direct labor in February. c. What was the activity variance in revenue in February? d. Give one specific, plausible reason for the activity variance in revenue in February. e. What should Rey expect net operating income to be if they sell 6,000 units

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