Manufacturing overhead responsibilty report
For the quarter ended March 31,2020
Controllable cost | Budget | Actual | Favorable unfavorable neither favorable nor unfavorable | |
Indirect material | 11500 | 15000 | 3500 | Unfavorable |
Indirect labor | 10900 | 9200 | 1700 | Favorable |
Utilities | 7300 | 9900 | 2600 | Unfavorable |
Maintenance | 5700 | 4600 | 1100 | Favorable |
Supervisory salaries | 36700 | 36700 | 0 | Neither favorable nor unfavorable |
72100 | 75400 | 3300 | Unfavorable | |
Sheridan Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data Variable...
Maintenance is not Budget 4600 and Actual $5700 I have tried both of those as well. Sheridan Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data Variable Costs Fixed Costs Indirect $11,500 Supervisory salaries $36,700 materials 10,900 Depreciation Indirect labor 6,600 Property taxes and Utilities 7,300 7,900 insurance Maintenance 5,700 Maintenance 4,200 Actual variable costs were indirect materials $15,000, indirect labor $9,200, utilities $9,900, and maintenance $4,600 Actual fixed costs equaled budgeted costs except for...
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...
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...
Exercise 10-10 (Video) Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data. $37,000 Variable Costs Fixed Costs Indirect $11,300 materials Supervisory salaries Indirect labor 10,000 Depreciation Utilities 720 Property taxes and insurance Maintenance 5,500 Maintenance 6,100 7,300 4,200 Actual variable costs were indirect materials $14,600, indirect labor $9,400, utilities $9,200, and maintenance $4,800. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,200. The actual activity level equaled the...
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...
Exercise 22-10 Your answer is partially correct. Try again. 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 $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....
- Your answer is partially correct. Chubbs Inc's manufacturing overhead budget for the first quarter of 2020 contained the following data. Variable Costs Fixed Costs Indirect materials $11,300 Supervisory salaries $37,000 Indirect labor 10,000 Depreciation 6,100 Utilities 7.200 Property taxes and insurance 7,300 Maintenance 5,500 Maintenance 4,200 Actual variable costs were indirect materials $14,600, indirect labor $9,400, utilities $9.200, and maintenance $4,800. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,200. The actual activity...
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...