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BUSN 278 WEEK 6 HOMEWORK 1. Question : (TCO 9) Which of the following is a variable cost? Question 2. Question : (TCO 9) A flexible budget Question 3. Question : (TCO 9) The Wiscow Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at 2,300 machine hours. The records also indicated that overhead of $9,730 was incurred at 2,600 machine hours. What is the fixed cost using the high-low method to estimate the cost equation? Question 4. Question : (TCO 8) Southern Company’s budgeted and actual sales for 2009 were: Product Budgeted Sales Actual Sales X 20,000 units at $5.00 per unit 17,500 units at $5.30 per unit Y 35,000 units at $9.00 per unit 37,300 units at $8.80 per unit What is the total sales variance for the two products? Question 5. Question : (TCO 8) Southern Company manufactures Product X. The standard cost of one unit of output is $12.00 (four pieces at $3.00 per piece). During the first quarter, 5,000 units were made, at an actual cost of $10.50 per unit (three pieces were $3.50 per piece). What is the material price variance? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help


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