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As applicable in your calculations, use the following methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar Campbell Cisterns manufactures small dwelling rainwater capture tanks. Campbell uses actual costing and started operating two years ago, producing 48,000 tanks and selling 40,000 tanks in Year 1, and producing 30,000 tanks and selling 38,000 tanks in Year 2. The selling price of one tank is $140. Below is additional information related to Campbell’s first two years of operations: Important: please do not use commas, spaces, $ signs, or any other punctuation in your answers. Express all numeric answers as positive values, regardless of calculations.  Part II. Question 2: What is Campbell’s total cost of goods sold in Year 2 under the variable method? _______ Part II. Question 3: What is the contribution margin in Year 2? _______ Part II. Question 4: What is the total fixed manufacturing portion of cost of goods sold in Year 2 under the absorption method? _______ Part II. Question 5: By how much does Campbell’s net operating income or loss differ in Year 2 between the variable and absorption methods? (Reminder: regardless of calculated result, enter amount of difference as a positive value) _______

What is a collective security arrangement?

Whether or not an individual believes that religion and prayer are important in one’s life is an important predictor of opinion on many political issues.

Social movements seeking civil rights gains always pursue inside strategies rather than outside strategies.

  What does M. Lantin find reproachful about his wife?  

What is the significance of the Supreme Court case Gibbons v. Ogden (1824) ?

Picacho Party Planners (Picacho) offers small to medium-scale local event planning services, including day-of set-up, tear-down, and catering. Each event on average requires food for 100 attendees that Picacho can either make in-house or purchase from a third-party supplier at $7,500 per event. Current demand averages 50 events annually. If Picacho does not outsource food preparation, commercial kitchen space with all necessary equipment included will need to be leased costing $86,000 per year. A new chef and kitchen staff will also have to be hired, representing cumulative salaries and benefits of $220,000 per year. Additional incremental cost information to prepare meals to meet average event demand internally is as follows: Part III. Question 2: Based on the quantitative information provided, should Picacho outsource preparation of meals or prepare them internally to meet average event demand?   Select one answer.

As applicable in your calculations, use the following methods for rounding purposes: do not round any required intermediate calculated values round final answers to the nearest whole dollar Mesquite Magazines uses a standard absorption costing system to track costs related to its manufacturing of quarterly subscription magazines known for highlighting the beauty of the Sonoran desert through photography. Variable and fixed factory overhead is applied to work in process inventory on the basis of direct labor hours. At standard, annual production of magazines requires 26,000 hours of direct labor at $14 per hour. Total overhead costs of $210,000 were budgeted for the year at a denominator level of 30,000 direct-labor hours, of which $86,400 represents total variable overhead budgeted costs. So far, the production manager has gathered the following factory results for the year, including the subtotals: $380,000 direct labor costs at the actual quantity for actual output and actual price; $381,500 direct labor costs at the actual quantity for actual output and standard price; and $76,220 variable overhead costs at the actual quantity for actual output and actual price. Calculate the missing values labeled [1] through [5] in Mesquite’s partial performance report diagram above, and listed as follows:[1] direct labor efficiency variance (both the dollar amount and the favorability)[2] total cost of direct labor at the standard quantity for actual output and standard price[3] variable overhead rate variance (both the dollar amount and the favorability)[4] total cost of variable overhead at the actual quantity for actual output and standard price[5] total variable overhead applied at the standard quantity for actual output and standard price Important: please do not use commas, spaces, $ signs, or any other punctuation in your answers. Express all numeric answers as positive values, regardless of calculations. Input your answers in the blank answer fields below. For item [1] and [3], enter the dollar amount of the variance in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively.  Part V. Question 1: Calculate item [1] direct labor efficiency variance (both the dollar amount and the favorability) _______ _______ Part V. Question 2: Calculate item [2] total cost of direct labor at the standard quantity for actual output and standard price  _______ Part V. Question 3: Calculate item [3] variable overhead rate variance (both the dollar amount and the favorability) _______ _______ Part V. Question 4: Calculate item [4] total cost of variable overhead at the actual quantity for actual output and standard price _______ Part V. Question 5: Calculate item [5] total variable overhead applied at the standard quantity for actual output and standard price _______

As applicable in your calculations, use the following methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar L. Frank Inc. is preparing its annual flexible budget performance report. The planning budget was prepared assuming 7,200 hours of direct-labor, while 7,000 hours of direct-labor were actually worked during the year. The company denotes the quantity of direct-labor hours in their cost formulas as variable “x”. Use the below information related to L. Frank Inc.’s flexible budget to calculate the requested values. Important: please do not use commas, spaces, $ signs, or any other punctuation in your answers. Express all numeric answers as positive values, regardless of calculations. Part IV. Question 1: What is the planning budget total dollar amount for insurance? _______ Part IV. Question 2: What is the direct materials activity variance? Enter the dollar amount in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively. _______ _______ Part IV. Question 3: What is the direct labor spending variance? Enter the dollar amount in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively. _______ _______

When reconciling results between variable and absorption costing methods in a given reporting period, if more units were produced during the period than units sold, which of the following impacts would be observed?  Select one answer.