We expect to use 8 pounds of material in making a computer. Each pound of material is expected to cost $5. We produce 100 units that use 7 pounds of material that cost $6 per pound. The Materials Price Variance would be:

Select one:

$800 favorable

$700 unfavorable

$800 unfavorable

$700 favorable

part 2

What is the general break-even formula?

Select one:

A. Total Sales = Variable Costs - Fixed Costs

B. Fixed Costs = Variable Sales - Total Sales

C. Fixed Costs = Variable Costs + Total Costs

D. Total Sales = Variable Costs + Fixed Costs

E. None of the above