MajorNet’s static budget predicted production and sales of 100 connectors in August, but the company…


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MajorNet’s static budget predicted production and sales of 100 connectors in August, but the company… 1 answer below » MajorNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $145 for each connector and fixed costs of $7,500 per month. MajorNet’s static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 84 connectors at a total cost of $21,000. 1. MajorNet’s total flexible budget cost for 84 connectors per month is a. $14,500. b. $12,180. c. $19,680. d. $21,000. 2. MajorNet’s sales volume variance for total costs is a. $1,320 U. b. $1,320 F. c. $2,320 U. d. $2, View complete question » MajorNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $145 for each connector and fixed costs of $7,500 per month. MajorNet’s static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 84 connectors at a total cost of $21,000. 1. MajorNet’s total flexible budget cost for 84 connectors per month is a. $14,500. b. $12,180. c. $19,680. d. $21,000. 2. MajorNet’s sales volume variance for total costs is a. $1,320 U. b. $1,320 F. c. $2,320 U. d. $2,320 F. 3. MajorNet’s flexible budget variance for total costs is a. $1,320 U. b. $1,320 F. c. $2,320 U. d. $2,320 F. 4. MajorNet Systems’ managers could set direct labor standards based on a. time-and-motion studies. b. continuous improvement. c. benchmarking. d. past actual performance. e. Items a, b, c, and d are all correct. View less » Jul 18 2014 01:00 PM

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