stion 4 yet answered Leblanc Manufacturing produces an auto-quartz watch movement called OM362. Leblanc expects to sell 20,000 units of OM362 and to have an ending finished inventory of 6,000 units. Currently, it has a beginning finished inventory of 1,100 units. Each unit of OM362 requires two labor operations, one labor hours of assembling and three labor hours of polishing. The direct labor rate for assembling is $12 per assembling hour and the direct labor rate for polishing is $12.50 per polishing hour The expected cost of direct labor for OM362 is: out of 1.00 Flag question Select one: A $921,300 B. 9780,700 C. $952.000 D. $740,000 sion 1 et answered s out of 1.00 The management of Riley Company has calculated the following variances: Direct materials price variance Direct materials efficiency variance Direct labor price variance Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance lag question $10,000 U $38,000 F $16,500 F $13,500 U $8,000 F $3,000 F What is the total direct labor variance of the company? Select one: A. $16,500 F B. $30,000 F C. $3,000 F D. $11,000 F 1.00 Penouilh Corporation manufactured 22,000 air conditions during November. The overhead cost-allocation base is $34.50 per machine hour. The following variable overhead data pertain to November Actual Budgeted Production 22.000 units 24,000 units Machine hours 10,925 hours 12.000 hours Variable overhead cost per machine hour $34 00 $34.50 tion What is the total variable overhead variance? Select one: A $8.050.00 unfavorable B. $2,587 50 favorable C. $2,587,50 unfavorable D. $8,050.00 favorable Chemin Corp., has the following information: Question 7 Not yet answered Points out of 1.00 P Flag question Month January February March April May Budgeted Purchases $27,100 $29,400 $29,400 $30,480 $27,580 Purchases are paid for in the following manner. 10% of the purchase amount in the month of purchase 50% of the purchase amount in the month after purchase 40% of the purchase amount in the second month after purchase What is the expected balance in Accounts Payable as of April 30? Select one: A. $38,220 B. $29,400 C. $18,288 D. $39,192 tion 8 Wet answered The actual information pertains to the month of June. As part of the budgeting process, Matherne Company developed the following static budget for June. Matherne is in the process of preparing the flexible budget and understanding the results. Actual Flexible Static Results Budget Budget Sales volume (in units) 20.000 22.000 ts out of 1.00 Flag question $ Sales revenues Variable costs Contribution margin Fixed costs Operating profit $1,000,000 480.000 520,000 276.200 $243,800 S $1,100,000 530.200 $569,800 270.600 $299,200 The flexible budget will report for the fixed costs Select one: A. $246,000 B. $303,820 C. $530,200 D. $270,600 stion 4 yet answered Leblanc Manufacturing produces an auto-quartz watch movement called OM362. Leblanc expects to sell 20,000 units of OM362 and to have an ending finished inventory of 6,000 units. Currently, it has a beginning finished inventory of 1,100 units. Each unit of OM362 requires two labor operations, one labor hours of assembling and three labor hours of polishing. The direct labor rate for assembling is $12 per assembling hour and the direct labor rate for polishing is $12.50 per polishing hour The expected cost of direct labor for OM362 is: out of 1.00 Flag question Select one: A $921,300 B. 9780,700 C. $952.000 D. $740,000 sion 1 et answered s out of 1.00 The management of Riley Company has calculated the following variances: Direct materials price variance Direct materials efficiency variance Direct labor price variance Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance lag question $10,000 U $38,000 F $16,500 F $13,500 U $8,000 F $3,000 F What is the total direct labor variance of the company? Select one: A. $16,500 F B. $30,000 F C. $3,000 F D. $11,000 F 1.00 Penouilh Corporation manufactured 22,000 air conditions during November. The overhead cost-allocation base is $34.50 per machine hour. The following variable overhead data pertain to November Actual Budgeted Production 22.000 units 24,000 units Machine hours 10,925 hours 12.000 hours Variable overhead cost per machine hour $34 00 $34.50 tion What is the total variable overhead variance? Select one: A $8.050.00 unfavorable B. $2,587 50 favorable C. $2,587,50 unfavorable D. $8,050.00 favorable Chemin Corp., has the following information: Question 7 Not yet answered Points out of 1.00 P Flag question Month January February March April May Budgeted Purchases $27,100 $29,400 $29,400 $30,480 $27,580 Purchases are paid for in the following manner. 10% of the purchase amount in the month of purchase 50% of the purchase amount in the month after purchase 40% of the purchase amount in the second month after purchase What is the expected balance in Accounts Payable as of April 30? Select one: A. $38,220 B. $29,400 C. $18,288 D. $39,192 tion 8 Wet answered The actual information pertains to the month of June. As part of the budgeting process, Matherne Company developed the following static budget for June. Matherne is in the process of preparing the flexible budget and understanding the results. Actual Flexible Static Results Budget Budget Sales volume (in units) 20.000 22.000 ts out of 1.00 Flag question $ Sales revenues Variable costs Contribution margin Fixed costs Operating profit $1,000,000 480.000 520,000 276.200 $243,800 S $1,100,000 530.200 $569,800 270.600 $299,200 The flexible budget will report for the fixed costs Select one: A. $246,000 B. $303,820 C. $530,200 D. $270,600