Utilities for the store Sales commissions Sales revenue Purchases of merchandise January 1 inventory Rent for store December 31 inventory What is total operating expense at Summerville Company? $8,000 11,000 151,000 73,000 27,000 12,000 23,000 O A. $31,000 O B. $19,000 C. $23,000 D. $20,000 3 2.5 Standard tonnes of direct material (steel) per container Standard cost per tonne of steel $15.00 Standard labour hours per container Standard labour cost per direct labour hour $20.00 During the month of September, the company produced 1,000 cargo containers. Related production data for the month follows: Actual materials purchased and used (tonnes) Actual direct materials total cost Actual direct labour hours 3,100 $51,150 2,700 During the month of September, the company produced 1,000 cargo containers. Related production data for the month follows: Actual materials purchased and used (tonnes) Actual direct materials total cost Actual direct labour hours Actual direct labour total cost 3,100 $51,150 2,700 $51,550 What is Shyson Corporation's direct materials efficiency variance for the month? O A. $1,500 favourable O B. $4,650 favourable C. $4,650 unfavourable OD. $1,500 unfavourable Venus Corporation provided the following information regarding its single product: Direct materials used $240,000 Direct labour incurred $420,000 Variable manufacturing overhead $160,000 Fixed manufacturing overhead $100,000 Variable selling and administrative expenses $60,000 Fixed selling and administrative expenses $20,000 The regular selling price for the product is $75. The annual quantity of units produced and sold is 20,000 units (the costs above relate to the 20,000 units production level). There was no beginning inventory. Variable manufacturing overhead $160,000 Fixed manufacturing overhead $100,000 Variable selling and administrative expenses $60,000 Fixed selling and administrative expenses $20,000 The regular selling price for the product is $75. The annual quantity of units produced and sold is 20,000 units (the costs above relate to the 20,000 units production level). There was no beginning inventory. What would be the effect on Venus Corporation's operating income of accepting a special order for 3,000 units at a sale price of $65 per product? The company has excess capacity and regular sales will not be affected by this special order. O A. Decrease by $63,000 B. Decrease by $327,000 O c. Increase by $63,000 OD. Increase by $327,000