well? Whoever is assigned this requrest, I need immediate confirmation that you were able to open my attachment.

Question 1 FOH + VOH X BV = _________. Answer (a) Actual budget (b) sales overhead budget (c) flexible overhead budget (d) budgeted overhead Question 2 _________ provides consumer name recognition, which lowers the information cost of introducing new products. Answer (a)Business capital (b) Brand-name capital c- Marketing capital d-Pricing capital Question 3 Kharma Ken (KK) produces KTOs, a leading edge computer game. It is implementing a balanced scorecard to assess performance across multiple dimensions. Which of the following is NOT an appropriate measure? Answer A-Financial: increase earnings per share by $0.12 b- Customer: add customer value c- Learning and innovation: recruit 50 new staff from leading schools D-Internal processes: reduce programming errors by 3% Question 4 When a factory becomes organized around dedicated JIT production lines producing a single type of product, it is sometimes called _________. Answer A-throughput time B-dedicated flow lines c- Six Sigma D-Total Quality Management Question 5 Cost of quality data for Zach's Zambonis (ZZ) appears below. $ thousands of dollars Engineering tests at supplier's factory 18 Field testing new product 12 Inspection cost 42 Process re-engineering 50 Product redesign 42 Rework 45 Sales returns (at cost) 105 Scrap 22 Training employees on a new system 6 Warranty repairs 60 Waste 14 For Zach's Zambonis, which of the following statements is TRUE? Answer A-Prevention costs are $116,000. B- Prevention costs are $116,000. C-Internal failure costs amount to $186,000. D-External failure cost ZZ $105,000. . Question 6 Wally Warble (WW) makes wall units. For the year, the following details have been budgeted: output is 10,000 units and factory overhead is $1,250,000, of which 60% is variable. Each wall unit should take 2.5 hours of direct labor to produce. WW produced 9,500 wall units with 24,000 DLH used and $1,175,000 was spent. What is the correct overhead absorption rate (to nearest cent)? Answer A-$52.63 B- $50.00 C-$49.47 D-$47.00 Question 7 Wally Warble (WW) makes wall units. For the year, the following details have been budgeted: output is 10,000 units and factory overhead is $1,250,000, of which 60% is variable. Each wall unit should take 2.5 hours of direct labor to produce. WW produced 9,500 wall units with 24,000 DLH used and $1,175,000 was spent. What is Wally Warble's total overhead absorbed? Answer A- $1,175,000 B-$1,200,000 C-$1,187,500 D-$1,250,000 Question 8 Guido Guitar (GG) planned to sell 280,000 guitars at $400 each but actually sold 250,000 at $425 each. Which of the following is TRUE of GG's sales quantity variances? Answer A-$12 million U B-$5.75 million F C-$5.75 million U D-$6.25 million U Question 9 FOH + VOH X V = _________. Answer A-actual budget B-sales overhead budget C-flexible overhead budget D-budgeted overhead Question 10 Which of the following is TRUE? Answer A- Budgeted fixed factory overheads = Budgeted overheads per unit actual volume B-Budgeted fixed factory overheads = Budgeted overheads per unit standard volume C-Budgeted factory overheads = Budgeted fixed overheads per unit budgeted volume + variable overheads D-Budgeted factory overheads = Budgeted fixed overheads + planned variable overhead per unit planned volume . . Question 11 The following information is for the third quarter of this year: Planned Actual Production 92,000 units 87,000 units Direct labor hours 506,800 DL hrs 380,000 DL hrs Fixed manufacturing overhead $205,000 $182,400 Variable manufacturing overhead $910,000 $841,500 Standard direct labor hour per unit 5.5 Calculate the following three overhead variances. a. Overhead volume variance b. Overhead efficiency variance c. Overhead spending variance Question 12 Printers Inc. manufactures and sells a mid-volume color printer (MC) and a high-volume color printer (HC). Each MC requires 100 direct labor hours to manufacture, and each HC requires 150 direct labor hours. At the beginning of the year, 700 MCs are scheduled for production and 500 HCs are scheduled. At the end of the year, 720 MCs and 510 HCs were produced. Fourteen hundred too many hours were used in producing MCs and 3,000 hours fewer than standard were used to manufacture HCs. The flexible overhead budget is $2.9 million of fixed costs and $10 per direct labor hour. a. Calculate budgeted volume. b. Calculate standard volume. c. Calculate actual volume. d. Calculate the overhead rate. e. Calculate the overhead volume variance, and discuss the meaning. Answer Formatting Options for Rich Text Field Smart Text Plain Text HTML window) . . . Preview(new