An equipment distributor sells two models, basic and deluxe. The following information relates to its master budget: Basic Deluxe Sales (units) Sales price per unit 21,000 3,000 $16,000 $27,000 Variable costs per unit $13,500 $23,000 Actual sales were 15,000 basic models and 5,000 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models. What is the sales quantity variance for the deluxe model? A) $2,000,000 B) $1,800,000 OC) $850,000 OD) $465,000

Zina Manufacturing Company started and completed Job 501 in December with the following Job Cost Sheet and transferred it to the warehouse. Direct Materials Date Dec 17 Dec 30 Total Direct Labor Amount Date Amount $2,000 Dec 20 $4,000 8,000 Dec 30 3,800 Total Job Cost Sheet - Job No. 501 Total Cost The journal entry to record the transaction is A) WIP Inventory FG Inventory B) Cost of Goods Sold WIP Inventory C) FG Inventory WIP Inventory D) FG Inventory WIP Inventory Debit Credit 35,800 17,800 17,800 Manufacturing Overhead Date Amount Dec 24 $10,000 Dec 30 8,000 Total 35,800 35,800 17,800 17,800 35,800

is thsi correct?

This answer is incorrect. What's the correct one?

Hw.71.

None

Will any of the gain be excluded under Section 121?