The Wiscow Manufacturing Company recorded

Question 3. Question : (TCO 9) The Wiscow Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at 2,300 machine hours. The records also indicated that overhead of $9,730 was incurred at 2,600 machine hours. What is the total estimated cost for 2,600 machine hours using the high-low method to estimate the cost equation?

$9,730

$9,606

$9,106

$8,788

Question 4. Question : (TCO 8) Southern Company’s budgeted and actual sales for 2009 were:

ProductBudgeted Sales Actual Sales

X 20,000 units at $5.00 per unit 17,500 units at $5.30 per unit

Y 35,000 units at $9.00 per unit 37,300 units at $8.80 per unit

What is the sales price variance for the two products?

$1,000 Favorable

$2,210 Favorable

$1,000 Unfavorable

$2,210 Unfavorable