Homework Answers
OPTION: $341250
EXPLANATION:
Budgeted direct labor cost = 17500 x 1.5 x $13
= $341250
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Marine Enterprises has developed the following unit costs for the production of one of its products,...
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Delray
Manufacturing needs to better budget and analyze costs. While
Delray has experienced high sales growth, it has struggled to
effectively manage costs and inventories. Delray aims to end each
month with direct materials inventory equal to 40% of next month’s
production needs. Each finished unit requires 4 pounds of direct
materials and 2 hours of direct labor. Delray budgets $12,000 of
fixed overhead costs per month. A Tableau Dashboard is provided to
aid our analysis.
budgeted production: april 880...
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Advanced Products Corporation has supplied the following data from its activity-based costing system: Overhead Costs Wages...
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Grub Chemical Corporation has developed cost standards for the production of its new chocolate, Choco. The variable cost standards below relate to each 10 gallon batch of Choco: Milk chocolate (2 pounds $0.85 per pound) Direct labor (1.25 hours * $12.00 per hour) Variable overhead (1.25 hours * $44.00 per hour) Standard Cost Per Batch $ 1.70 $15.00 $55.00 Variable manufacturing overhead at Grub is applied based on direct labor-hours. The actual results for last month were as follows: Number...
Delray
Manufacturing needs to better budget and analyze costs. While
Delray has experienced high sales growth, it has struggled to
effectively manage costs and inventories. Delray aims to end each
month with direct materials inventory equal to 40% of next month’s
production needs. Each finished unit requires 4 pounds of direct
materials and 2 hours of direct labor. Delray budgets $12,000 of
fixed overhead costs per month. A Tableau Dashboard is provided to
aid our analysis.
budgeted production: april 880...
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