Question 1: Given the cost formula Y = $12,000 + $6X, total cost at an activity level of 8,000 units would be:
A) $20,000. C) $12,000.
B) $60,000. D) $48,000.
Question 2: The following materials standards have been established for a particular product:
Standard quantity per unit of output 1.7 meters
Standard price $19.80 per meter
The following data pertain to operations concerning the product for the last month:
Actual materials purchased 5,800 meters
Actual cost of materials purchased $113,680
Actual materials used in production 5,100 meters
Actual output 3,200 units
Question 3: What is the materials quantity variance for the month?
A) $13,720 U C) $13,860 U
B) $6,732 F D) $6,664 F