USE THE FOLLOWING INFORMATION FOR QUESTIONS 1 THROUGH 5.

Production-
Variances Spending Efficiency Volume

Variable overhead $ 7,500 F $30,000 U (B)

Fixed overhead $28,000 U (A) $80,000 U

1. Above is a:

Select one:

A. 4-variance analysis

B. 6-variance analysis

C. 2-variance analysis

D. 3-variance analysis

2. In the above table, the amounts for (A) and (B), respectively, are:

Select one:

a. $10,500 U; $55,000 U

b. $10,500 U; Zero

c. Zero; $55,000 U

d. Zero; Zero

3. In a 3-variance analysis, the total spending variance would be:

Select one:

a. $ 20,500 F

b. $ 22,500 U

c. $ 20,500 U

d. $ 37,500 F

4. In a combined 3-variance analysis, the total production-volume variance should be ________.

Select one:

a. $ 80,000 F

b. $ 80,000 U

c. $108,000 F

d. $108,000 U

5. In a combined 1-variance analysis, the total overhead variance should be ________.

Select one:

a. $145,500 F

b. $130,500 U

c. $145,500 U

d. $130,500