Question 4 (3 points) A company has a fixed overhead volume variance that is $10,000 favorable. The most likely cause for this variance is that 1) the production supervisory salaries were greater than planned. 2) the production supervisory salaries were less than planned. 3) more was produced than planned. 4) less was produced than planned. Question 5 (3 points) XYZ Manufacturing uses a standard cost system with overhead applied based on direct-labor hours. The manufacturing budget for the production of 5,000 units for the month of June included 10,000 hours of direct labor at $20 per hour, or $200,000. During June, 4,500 units were produced, using 9,600 direct-labor hours, incurring $43,400 of variable overhead, and showing a variable overhead efficiency variance of $3,600 unfavorable. The standard variable overhead rate per direct-labor hour was 1) $5.85 2) $6.00 3) $6.20 4) $0 Question 7 (3 points) Sierra Vista Company plans to sell 95,000 units in June and 130,000 units in July. The company's policy is to keep 15% of the next month's sales in ending inventory. If the ending inventory in May was consistent with this policy, how many units should be produced in June? 1) 101,000 units 2) 95.000 units 3) 90,250 units 4) 100,250 units