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Standard costs are used in the calculation of Multiple Choice Price and quantity variances. Quantity and sales variances. Price variances only. Quantity variances only. Price,

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Standard costs are used in the calculation of Multiple Choice Price and quantity variances. Quantity and sales variances. Price variances only. Quantity variances only. Price, quantity, and sales variances. Expenses that are not easily traced to a specific department, and which are incurred for the joint benefit of more than one department, are: Multiple Choice C ) Indirect expenses. 0 Variable expenses. 0 Fixed expenses. 0 0 Direct expenses. Uncontrollable expenses. Which of the following is not part of the flow of events in variance analysis: Multiple Choice Preparing a standard cost performance report Working to ensure that all variances are favorable. Computing and analyzing variances. Identifying questions and their answers. Taking corrective and strategic actions. Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can produce 6 standard units per hour or 4 premier units per hour, and it has 36,000 production hours available. Contribution margin per unit is $24 for the standard product and $30 for the premier product. What is the total contribution margin if Logan chooses the most profitable sales mix? Multiple Choice $6,704,000 $5,184,000. $8,800,000 $4,960,000 rn Neyt >

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