9. Martin Company uses 625 units of a part each year. The cost of placing one order is $8; the cost of carrying one unit in inventory for a year is $4. What is the EOQ for Martin? 50 100 20 30 10. Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was $8,000 favorable and the fixed overhead spending variance was $6,000 unfavorable, fixed overhead applied must be O $194,000. Os202,000. $206,000. $208,000. OO O O

Edgar, Inc. has a materials price standard of $1.75 per pound. eight thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 4,000 pounds, although the standard quantity allowed for the output was 5,400 pounds.   Calculate the materials price variance

Use this information for St. Augustine Corporation to answer the question that follow.St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% of normal production capacity. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual variable overhead was $170,000. Actual production was 11,700 units.The variable factory overhead controllable variance is

Petrus Framing's cost formula for its supplies cost is $1,790 per month plus $10 per frame. For the month of March, the company planned for activity of 619 frames, but the actual level of activity was 624 frames. The actual supplies cost for the month was $8,500. The activity variance for supplies cost in March would be closest to:

Flounder Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $8, direct labor $13, and overhead $19. Monthly budgeted fixed manufacturing overhead costs are $7,700 for depreciation and $3,700 for supervision. In the current month, Flounder actually produced 6,500 units and incurred the following costs: direct materials $44,976, direct labor $76,400, variable overhead $122,094, depreciation $7,700, and supervision $3,959. Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) FLOUNDER COMPANY Static Budget Report ÷ Budget Actual $ +A Difference Favorable Unfavorabl

The Russell Company provides the following standard cost data per unit of product:          Direct material (2 gallons @ $3 per gallon) $ 6.00   Direct labor (2 hours @ $12 per hour) $ 24.00      During the period, the company produced and sold 32,000 units incurring the following costs:                Direct material 61,000 gallons @ $ 2.90 per gallon Direct labor 59,500 hours @ $ 12.05 per hour    The direct material usage variance was:

Calculate the total deviation and analyze it triangulated

The per-unit production costs for a product is as follows: $15 direct materials; $10 direct labour; $5 variable overhead.   In addition, there is a $20,000 fixed overhead per week. Period costs are $10 variable selling costs per unit, and $40,000 fixed selling and administrative costs per week. The break-even point for the week was 3,000 units. What was the selling price used?    1)  $60   2)  $40   3)  $20   4)  None of the listed choices are correct

Your Company’s cost formula for its wages and salaries is $2,500 per month plus $475 per unit sold. For the month of May, the company planned for activity of 120 units, but the actual level of activity was 115 units. The actual wages and salaries for the month was $56,850. What is the spending variance for wages and salaries in May?     $2,650 F                 $  275 F     $  275 U     $2,650 U

Glassica, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.6 hour per glass, at a cost of 20.00 per hour. The actual results for one month's production of 8,000 glasses is 0.8 hours per glass, at a cost of $19.00 per hour. The direct labor cost variance is O $6,400 F O $9,100 U er O $9,100 F O $25,600 F O $6,400 U