5. During August, 10,000 units were produced. The standard quantity of material allowed per unitwas 10 pounds at a standard cost of $3 per pound, If there was an unfavorable usage varianceof $18,750 for August, the actual quantity of materials used must beO 23,438 pounds.O 93,750 pounds.O31,875 pounds.106,250 pounds.6. ColorPro uses part 87A in the production of color printers. Unit manufacturing costs for part 87Aare:Direct materials $8Direct labor2Variable overhead1Fixed overhead 4ColorPro uses 100,000 units of 87A per year. Filbert Company has offered to sell ColorPro100,000 units of 87A per year for $12. Fixed overhead is unavoidable.Should ColorPro make or buy the part? *Make the part because it will save $100,000 over buying it.Make the part because it will save $1,100,000 over buying it.Buy the part because it will save $300,000 over making it.Buy the part because it will save $100,000 over making it.Buy the part because it will save 1,100,000 over making it.

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Answered: 5. During August, 10,000 units were…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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