Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead...
Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 114,000 Budgeted costs Indirect materials $5.700 Indirect labor 13.680 Utilities 11.400 Maintenance 6,840 Salaries 45,500 Depreciation 15.900 Property taxes 3.000 Insurance 1,100 Janitorial 1.700 Total budgeted costs $104.820 WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 115.000 Costs Indirect materials...
Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 124,000 Budgeted costs Indirect materials $6,200 Indirect labor 13,640 Utilities 12,400 Maintenance 8,680 Salaries 44,700 Depreciation 17,100 Property taxes 3,300 Insurance 1,300 Janitorial 1,400 Total budgeted costs $108,720 WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 125,000 Costs Indirect materials...
Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead for March. (Refer to Waterways 9 if you are uncertain about variable versus fixed costs.) Waterways Corporation Waterways Corporation Manufacturing Overhead Budget Manufacturing Overhead Costs (Actual) (Static) For the Month of March For the Month of March Budgeted Production (Units) 118,000 Production in units 118,500 Indirect materials $ 5,900 Indirect materials $ 5,910 Indirect labor 14,160 Indirect labor...
Could you do it step by step and explaining where you got the numbers please. Waterways (This is a continuation of the Waterways case from Chapters 1 -9.) WP10 Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 117500 Production in units Budgeted costs...
Chubbs Inc's manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11300 Supervisory salaries $37,000 Indirect labor 10,800 Depreciation 6,000 Property taxes and insurance Utilities 7,200 7,400 Maintenance 5,900 Maintenance 5,000 Actual variable costs were indirect materials $14,600, indirect labor $9.400, utilities $9.600, and maintenance $5,100. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,700. The actual activity level equaled the budgeted level. All...
Sunland Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11,100 Supervisory salaries Indirect labor 10,700 Depreciation Utilities 7,800 Property taxes and insurance Maintenance 5,700 Maintenance $35,400 7,500 7,300 4,000 Actual variable costs were indirect materials $15, 100, indirect labor $9,500, utilities $9.600, and maintenance $5,200. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,300. The actual activity level equaled the budgeted level....
Chubbs Inc.’s manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11,500 Supervisory salaries $36,900 Indirect labor 11,000 Depreciation 7,100 Utilities 7,500 Property taxes and insurance 8,000 Maintenance 5,900 Maintenance 5,000 Actual variable costs were indirect materials $14,500, indirect labor $9,200, utilities $9,100, and maintenance $5,300. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,800. The actual activity level equaled the budgeted level. All...
Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11.800 Supervisory salaries $36,100 Indirect labor 10,800 Depreciation 6.200 Utilities 7,800 Property taxes and insurance 7,500 Maintenance 5.900 Maintenance 5,000 Actual variable costs were indirect materials $14,700, indirect labor $9.300, utilities $9.900, and maintenance $4,600. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,500. The actual activity level equaled the budgeted level. All...
Exercise 10-10 (Video) Chubos Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data Variable costs Fixed Costs Indirect materials $11,400 Supervisory salaries $36,800 Indirect labor 11,000 Depreciation 6,100 7,700 Property taxes and insurance Maintenance 5.900 Maintenance 5.200 7,000 Actual variable costs were indirect materiais $14,700, indirect labor $9,300, ilities $9,100, and maintenance $4,500. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $9.000. The actual activity level equaled the budgeted...
Exercise 22-10 Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2017 contained the following data. Variable Costs Fixed Costs Indirect materials $11,800 Supervisory salaries Indirect labor 10,700 Depreciation Utilities 8,000 Property taxes and insurance Maintenance 5,600 Maintenance $35,500 6,700 7,600 5,900 Actual variable costs were indirect materials $14,700, indirect labor $9,600, utilities $9,800, and maintenance $5,100. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,600. The actual activity level equaled the budgeted...