22. Expected cash collection pattern is 50% in the month of sale, 30% in the following and 15% in the second following month. Five percent of the credit sales December collections will be: month, are uncollectible Sales Budget Month October November December January Credit Sales $80,000 $100,000 $120,000 $70,000 a. $70,000 b. $102,000 c. $108,000 d. $100,000 Expected cash collection pattern is 50% in the month of sale, 30% in the following month. and 15% in the second following month. Five percent of the credit sales are uncollectible. November collections were $92,000. September sales were: Sales Budget Month October November December January Credit Sales $80,000 $100,000 $120,000 $70,000 a. $90,000 b. $120,000 c. $100,000 d. $100,000 24. Variable variances may be analyzed into Expenditure and Efficiency variances Usage and price variances targets are predetermined and actual performances is compared with targets c.Efficiency and price variances a. d. Efficiency and rate variances b. a. Budgetary control C. Standard costing Both Budgetary control and standard costing d. Marginal costing 26. The materials price variance may be computed by. a. (Actual price - Standard price) X Actual quantity used (Actual price- Standard price) XStandard quantity used (Actual quantity - Standard quantity)X Actual price (Actual quantity-Standard quantity) X Standard price c. d. units, and the materials price variance (PV) was $1,275 favorable. The standard materials price (SP): 27. The actual materials price (AP) was $3.50, the actual quantity (AQ) of material was 5,100 a. 3.75 b. 3.00 c. 3.30 d. 3.25