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wat produces a single product has provided the folkwing data concerning is most 4. A manufacturing company that produces a single product has p month

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wat produces a single product has provided the folkwing data concerning is most 4. A manufacturing company that produces a single product has p month of operations Units in beginning inventory.... Units produced ................ Units sold ............ Units in ending inventory 7,000 6.900 100 $46 $41 Variable costs per unit: Direct materials.. Direct labor... Variable manufacturing overhead ... Variable selling and administrative... Fixed costs: Fixed manufacturing overhead .......... Fixed selling and administrative........ $9 $28.000 $75.900 What is the variable costing unit product cost for the month? A $103 B. $99 C. $94 D. $90 5. Wadhams Snow Removal's cost formula for its vehicle operating cost is $1,900 per month plus $430 per snow-day. Fa the month of December, the company planned for activity of 16 snow-days, but the actual level of activity was 21 snow-days. The actual vehicle operating cost for the month was $11.470. The vehicle operating cost in the planning budget for December would be closest to A. $10.930 B. $11,470 C. $8,739 D. $8,780 6. The purpose of a flexible budget is to: A remove items from performance reports that are not controllable by managers B. permit managers to reduce the number of unfavorable variances that are reported C. update the static planning budget to reflect the actual level of activity of the period D. reduce the amount of conflict between departments when the master budget is prepared. 7. In an income statement prepared using variable costing, fixed manufacturing overhead would A) not be used be used in the computation of net operating income but not in the computation of the contributi margin. C) be used in the computation of the contribution margin. be treated the same as variable manufacturing overhead

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