The Lopez Company uses standard costing in its manufacturing plant for auto parts. , the budgeted output level for the year is 8,000 units, The standard machine-hours allowed per unit of output is 12 machine hours.the budgeted fixed manufacturing overhead rate is $10 per hour. The actual output produced was 8,800 units. Fixed manufacturing overhead incurred was $746,000. Actual machine hours were 98,000

The sales volume variance for F.MOH is :

Select one: a. Never a variance b. 96,000 Unfavorable c. 214,000 Favorable d. 96,000 Favorable e. 214,000 unfavorable ____________________________ The Lopez Company uses standard costing in its manufacturing plant for auto parts. , the budgeted output level for the year is 4,000 units ,The standard machine-hours allowed per unit of output is 6 machine hours. the budgeted Variable manufacturing overhead rate is $9 per hour. The actual output produced was 4,400 units. The actual Variable manufacturing overhead costs were $245,000. The actual machine hours were 28,400.

The spending variance for V.MOH is :

Select one: a. 10,600 Favorable b. 10,600 unfavorable c. 17,800 favorable d. 17,800 unfavorable e. 16,000 unfavorable _____________________________ The Lopez Company uses standard costing in its manufacturing plant for auto parts. , the budgeted output level for the year is 4,000 units ,The standard machine-hours allowed per unit of output is 6 machine hours. the budgeted Variable manufacturing overhead rate is $8per hour. The actual output produced was 4,400 units. The actual Variable manufacturing overhead costs were $245,000. The actual machine hours were 28,400.

The efficiency variance for V.MOH is :

Select one: a. never a variance b. 17,800 favorable c. 16,000 unfavorable d. 17,800 unfavorable e. 16,000 favorable ____________________________ A company is considering purchasing a machine that costs $400,000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $100,000 and annual operating expenses exclusive of depreciation expenses are expected to be $38,000. The straight-line method of depreciation would be used. The cash payback period on the machine is:

Select one: a. 6 b. 3.2 years c. 4.5 years d. 6.45 years e. 33.3 years f. 30 years ______________________