25. The beginning inventory for September should be: A. 900 units B. 1,035 units C. 1,020 units D. 1,050 units 26. The total number of units produced in July should be: A. 6,500 units B. 5,600 units C. 5,660 units D. 5,540 units 27. An unfavorable materials quantity variance indicates that: A. actual usage of material exceeds the standard material allowed for output. B. standard material allowed for output exceeds the actual usage of material. C. actual material price exceeds standard price. D. standard material price exceeds actual price. 28. A favorable materials price variance coupled with an unfavorable material usage variance would most likely result from: A. labor efficiency problems. B. machine efficiency problems. C. the purchase and use of higher than standard quality material. D. the purchase and use of lower than standard quality material. 29. Under a standard cost system, the materials price variances are usually the responsibility of the: A. production manager. B. sales manager. C. purchasing manager. D. engineering manager. 30. Higado Confectionery Corporation has a number of store locations throughout North America. In income statements segmented by store, which of the following would be considered a common fixed cost? A. store manager salaries B. store building depreciation expense C. the cost of corporate advertising aired during the Super Bowl D. all of these
25. The beginning inventory for September should be: A. 900 units B. 1,035 units C. 1,020 units D. 1,050 units 26. The total number of units produced in July should be: A. 6,500 units B. 5,600 units C. 5,660 units D. 5,540 units 27. An unfavorable materials quantity variance indicates that: A. actual usage of material exceeds the standard material allowed for output. B. standard material allowed for output exceeds the actual usage of material. C. actual material price exceeds standard price. D. standard material price exceeds actual price. 28. A favorable materials price variance coupled with an unfavorable material usage variance would most likely result from: A. labor efficiency problems. B. machine efficiency problems. C. the purchase and use of higher than standard quality material. D. the purchase and use of lower than standard quality material. 29. Under a standard cost system, the materials price variances are usually the responsibility of the: A. production manager. B. sales manager. C. purchasing manager. D. engineering manager. 30. Higado Confectionery Corporation has a number of store locations throughout North America. In income statements segmented by store, which of the following would be considered a common fixed cost? A. store manager salaries B. store building depreciation expense C. the cost of corporate advertising aired during the Super Bowl D. all of these