The variable overhead spending variance is ________.

Under absorption costing, cost of goods sold is $______________.

The market-share variance is $_____________.

Use the following information for the next nine questions.  Fun Wheels, Inc., produces a special line of plastic toy racing cars. The following information pertains to 2023:                                                            Actual Static-budget Amounts Amounts Units produced and sold 150,000 120,000 Direct materials quantity per unit 1.8 pounds 2 pounds Direct materials price $4 per pound $3 per pound Direct labor hours per unit 2.5 hours 3 hours Direct labor per hour $30 $25 Batch size (number of units per batch) 320 300 Setup-hours per batch 6 8 Variable overhead cost per setup-hour $45 $40 Total fixed setup overhead costs $21,000 $18,000   Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of car.

Use the following information for the last two questions.  (No points will be awarded if the final answer is reported without showing the steps) The Anju Company produces and sells 7,500 modular computer desks per year at a selling price of $750 each. Its current production equipment, purchased for $1,500,000 and with a four-year useful life, is only one-year old. It has a terminal disposal value of $0 and is depreciated on a straight-line basis. The equipment has a current disposal price of $400,000. However, the emergence of a new molding technology has led Anju to consider either upgrading or replacing the production equipment. The following table presents data for the two alternatives:     Replace Upgrade One-time equipment costs $ 4,500,000 $ 2,000,000 Variable manufacturing cost per desk $ 70 $100 Remaining useful life of equipment (years) 3 3 Terminal disposal value of equipment $ 5,000 $0

Rosner Company (a): make or buy? 

The sales-volume variance is $_____________.  

The fixed overhead spending variance is ________________.

The company (b): increase or decrease by $________

_____________ are lines on a map that connect points of equal pressure.