The Windshield division of Fast Car Co. makes windshields for use in Fast Car's Assembly division. The Windshield division Incurs variable costs of $272 per windshield and has capacity to make 690,000 windshields per year. The market price is $575 per windshield. The Windshield division Incurs total fixed costs of $3,250,000 per year. If the Windshield division is operating at full capacity. what transfer price should be used on transfers between the Windshield and Assembly divisions? Transfer price per windshield Tercer reports the following for one of its products. Direct materials standard (5 lbs. $8 per 15.) Actual finished units produced Actual cost of direct materials used $ 40 per finished unit 88,eee units $3,232,600 Compute the total direct materials cost variance and classify it as favorable, unfavorable or no variance. Direct materials cost variance Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results. Sales Variable expenses Fixed expenses (total) Units produced and sold Budgeted $ 1,288 per unit $ 489 per unit $152,eee Actual $1,961,000 $ 799,eee $ 140,000 1,580 1,380 List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no varlance) LEWIS CO. Flexible Budget Performance Report For Month Ended May 31 Flexible Budget Actual Results Variances Fav./Unf