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**URGENT* I NEED HELP IN THESE ACCOUNTING EXERCISES. ONLY THE LETTER NOT THE PROCEDURE. Use the following information to answer the following two questions: The

**URGENT* I NEED HELP IN THESE ACCOUNTING EXERCISES. ONLY THE LETTER NOT THE PROCEDURE.

Use the following information to answer the following two questions:

The standard of labor was 4 hours of labor per unit @

$ 25 per hour, for a total of $ 100 per unit.

12,500 units were manufactured

The price variation (direct labor rate variance) was $ 78,750

Unfavorable

The direct labor efficiency variance was $ 125,000

Favorable

29. The actual price per hour of labor (current direct labor rate) was:

to. $ 25

b. $ 26.58

c. $ 26.75

d. $ 27.50

30. The actual number of hours of labor worked (current direct labor

hours) was:

to. 50,000

b. 55,000

c. 48,750

d. 45,000

Use the following information to answer the following two questions:

The Flexible Overhead Budget is:

$ 6,000,000 (Fixed) + $ 40 per machine hour (Variable)

Each unit of the product requires FIVE machine hours.

The budget can also be expressed as:

$ 6,000,000 (Fixed) + $ 200 per unit of the product (Variable)

Budgeted production for the period was

15,000 units of the product.

The actual cost of overhead (current overhead) was $ 9,000,000

The volume variation (Overhead volume variance) was $ 1,000,000

Unfavorable

Overhead budget variance was $ 500,000

Unfavorable

31. The quantity of product units actually produced (current

production) was:

to. 12,500

b. 15,000

c. 17,500

d. 10,000

32. The flexible budget for real production

units produced) was:

to. $ 9,000,000

b. $ 8,500,000

c. $ 9,500,000

d. $ 10,000,000

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