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Blackboard Learn[10/11/2011 11:55:44 PM]$3,500$15,000$29,000$14,000QuestionRydingsward, Inc., has done a cost analysis for its production ofreflectors. The following activities and cost drivers have beendeveloped:ActivityCost FormulaMaintenance$15,000 + $4 per machine hourMachining$35,000 + $1 per machine hourInspection$60,000 + $750 per batchSetups$1,000 per batchPurchasing$50,000 + $10 per purchase orderWhat is the budget for maintenance if 20,000 reflectors were madethat required 3,500 machine hours, 12 batches, and 5,000purchase orders?AnswerCorrect FeedbackSUPPORTING CALCULATIONS:$15,000 + ($4 ´3,500) = $29,000Incorrect FeedbackSUPPORTING CALCULATIONS:$15,000 + ($4 ´3,500) = $29,000155. Multiple Choice: Glenn, Inc., has done acost analysis... $1,000 U$3,000 U$3,000 Fnone of theseQuestionGlenn, Inc., has done a cost analysis for its production of T-shirts.The following activities and cost drivers have been developed:ActivityCost FormulaMaintenance$11,000 + $2 per machine hourMachining$55,000 + $3 per machine hourInspection$70,000 + $500 per batchSetups$2,000 per batchPurchasing$80,000 + $150 per purchase orderFollowing are the actual costs of producing 75,000 T-shirts: 5,000machine hours; 10 batches; 20 purchase ordersMaintenance$20,000Machining73,000Inspection73,000Setups18,000Purchasing82,000What is the budget variance for maintenance in an activity-basedperformance report?AnswerCorrect FeedbackSUPPORTING CALCULATIONS:Actual$20,000Points:10
Blackboard Learn[10/11/2011 11:55:44 PM]Budget $11,000 +(5,000 ´$2)21,000Variance$ 1,000FIncorrect FeedbackSUPPORTING CALCULATIONS:Actual$20,000Budget $11,000 +(5,000 ´$2)21,000Variance$ 1,000F156. Multiple Choice: Glenn, Inc., has done acost analysis... $1,000 U$2,000 U$3,000 Unone of theseQuestionGlenn, Inc., has done a cost analysis for its production of T-shirts.The following activities and cost drivers have been developed:ActivityCost FormulaMaintenance$11,000 + $2 per machine hourMachining$55,000 + $3 per machine hourInspection$70,000 + $500 per batchSetups$2,000 per batchPurchasing$80,000 + $150 per purchase orderFollowing are the actual costs of producing 75,000 T-shirts: 5,000machine hours; 10 batches; 20 purchase ordersMaintenance$20,000Machining73,000Inspection73,000Setups18,000Purchasing82,000What is the budget variance for machining in an activity-basedperformance report?AnswerCorrect FeedbackSUPPORTING CALCULATIONS:Actual$73,000Budget $55,000 +(5,000 ´$3)70,000Variance$ 3,000UIncorrect FeedbackSUPPORTING CALCULATIONS:Actual$73,000Budget $55,000 +(5,000 ´$3)70,000Variance$ 3,000UPoints:10
Blackboard Learn[10/11/2011 11:55:44 PM]157. Multiple Choice: Glenn, Inc., has done acost analysis... $1,000 F$2,000 F$3,000 Fnone of theseQuestionGlenn, Inc., has done a cost analysis for its production of T-shirts.The following activities and cost drivers have been developed:ActivityCost FormulaMaintenance$11,000 + $2 per machine hourMachining$55,000 + $3 per machine hourInspection$70,000 + $500 per batchSetups$2,000 per batchPurchasing$80,000 + $150 per purchase orderFollowing are the actual costs of producing 75,000 T-shirts: 5,000machine hours; 10 batches; 20 purchase ordersMaintenance$20,000Machining73,000Inspection73,000Setups18,000Purchasing82,000What is the budget variance for inspection in an activity-based

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