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Use the following information to answer questions 1-2: Compute sales volume variance: A. Not enough information - need to know actual and budgeted sales volume

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Use the following information to answer questions 1-2: Compute sales volume variance: A. Not enough information - need to know actual and budgeted sales volume B. $4,000 Unfavorable C. $3,000 Unfavorable D. $3,000 Favorable E. $4,000 Favorable Compute sales price variance: A. Not enough information - need to know actual and budgeted amounts per unit B. $10,000 Unfavorable C. $4,000 Unfavorable D. $4,000 Favorable E. $10,000 Favorable You have the following data for Alpha Company: Alpha has limited capacity of 1,000 machine-hours. It faces excess demand for all 4 products. Which of the 4 products should it make? (Assume that it cannot increase the prices, and that it can sell any quantity up to capacity at current prices). A. product A B. product B C. product C D. product D E. it should make all 4 products to take advantage of the high demand Which of the following statements about variances is true? A. If sales revenue is 8% more than budgeted, sales volume is 20% higher than budgeted, and sales price is 10% less than budgeted, the result is a favorable sales price variance B. If sales revenue is 8% more than budgeted, sales volume 20% higher than budgeted, and sales price is 10% less than budgeted, the result is an unfavorable input quantity variance C. If total cost of is 9% higher than volume is 20% higher than budgeted, and input price is 10% less than budgeted, the result is a favorable input price variance D. Both A and B are true E. Both A and Care true

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