Homework Answers
1.
| GHT Tech
Inc. Budget Performance Report : Director, Consumer Products Division For the month ended January 31 |
||||
| Actual | Budget | Over Budget | Under Budget | |
| Customer Service Salaries | $ 602,350 | $ 546,840 | $ 55,510 | |
| Insurance and Property Taxes | 110,240 | 114,660 | $ 4,420 | |
| Distribution Salaries | 861,200 | 872,340 | 11,140 | |
| Marketing Salaries | 1,085,230 | 1,028,370 | 56,860 | |
| Engineer Salaries | 820,008 | 836,850 | 16,842 | |
| Warehouse Wages | 562,632 | 586,110 | 23,478 | |
| Equipment Depreciation | 183,610 | 183,792 | 182 | |
| Totals | $4,225,270 | $ 4,168,962 | 112,370 | 56,062 |
2. Customer service salaries, warehouse wages and marketing salaries as they have significantly changed.
Add Answer to:
1. PR.24.01A Budget performance report for a cost center GHT Tech Inc. sells electronics over the...
P14-1 Budget performance report for a cost center Sneed Industries Company sells vehicle parts to manufacturers...
P14-1 Budget performance report for a cost center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equip ment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries $ 250,000 Insurance and property taxes 50,000 Distribution salaries 475,000 Marketing salaries 300,000 Engineer salaries 740,000 Warehouse wages 280,000 Equipment depreciation 155,000 Total $2,250,000 During August, the costs incurred...
The Northeast District of Vidovich Beveras Inc is organized as a cost center the budget for...
The Northeast District of Vidovich Beveras Inc is organized as a cost center the budget for the Northeast District of Vidovich Beverages, Inc., for the month ended May 31, 2010, is as follows: Sales salaries System administration salaries Customer service salares Billing salaries Maintenance Depreciation of plant and equipment Insurance and property taxes Total $ 569 400 311220 106.000 68.560 190 480 54 050 28.670 $1.336 390 During May, the costs incurred in the Northeast District were as follows: Sales...
Need ones with red X corrected and that have nothing in it Calculator Print tem udget...
Need ones with red X corrected and that have nothing in it
Calculator Print tem udget Performance Report for a Cost Center The Eastern District of Adelson Inc. is organized as a cost center. The budget for the Eastern District of Adelson Inc. for the month ended December 31 is as follows: Sales salaries System administration salaries Customer service salaries Billing salaries Maintenance Depreciation of plant and equipment Insurance and property taxes Total $819,840 448,152 152,600 99,760 271,104 92,232 41,280...
Exercise 9-15 Flexible Budget Performance Report in a Cost Center (LO9-1, LO9-2, LO9-3, LO9-4] Packaging Solutions Corp...
Exercise 9-15 Flexible Budget Performance Report in a Cost Center (LO9-1, LO9-2, LO9-3, LO9-4] Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Cost Formulas $16.207 $4,600 +...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are pr...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Cost Formulas $16.109 $4,000 + $1.909 $5,300 + $0.509 $1,500 + $0.409 $18,800 + $3.109 $8,300 $2,900 $13,500 +...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are pr...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Cost Formulas $16.50q $4,600 $1.50q $5,200 $0.40q $1,500 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration $0.40q $18,600 $2.70q $8,500 $2,700 $13,100 $0.90q The Production Department planned...
Tiger Equipment Inc., a manufacturer of construction equipment, prepared the following factory overhead cost budget for...
Tiger Equipment Inc., a manufacturer of construction equipment, prepared the following factory overhead cost budget for the Welding Department for May of the current year. The company expected to operate the department at 100% of normal capacity of 8,400 hours. Variable costs: Indirect factory wages $30,240 Power and light 20,160 Indirect materials 16,800 Total variable cost $67,200 Fixed costs: Supervisory salaries $20,000 Depreciation of plant and equipment 36,200 Insurance and property taxes 15,200 Total fixed cost 71,400 Total factory overhead...
Factory Overhead Cost Variance Report Tannin Products Inc. prepared the following factory overhead cost budget for...
Factory Overhead Cost Variance Report
Tannin Products Inc. prepared the following factory overhead
cost budget for the Trim Department for July of the current year,
during which it expected to use 14,000 hours for production:
Variable overhead costs:
Indirect factory labor
$47,600
Power and light
10,360
Indirect materials
15,400
Total variable overhead cost
$73,360
Fixed overhead costs:
Supervisory salaries
$56,430
Depreciation of plant and equipment
14,850
Insurance and property taxes
27,720
Total fixed overhead cost
99,000
Total factory overhead cost...
Factory Overhead Cost Variance Report Tannin Products Inc. prepared the following factory overhead cost budget for...
Factory Overhead Cost Variance Report Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current year, during which it expected to use 12,000 hours for production: Variable overhead costs: Indirect factory labor $28,800 Power and light 8,880 Indirect materials 13,200 Total variable overhead cost $ 50,880 Fixed overhead costs: Supervisory salaries $46,510 Depreciation of plant and equipment 12,240 Insurance and property taxes 22,850 Total fixed overhead cost 81,600 Total factory overhead...
Tiger Equipment Inc., a manufacturer of construction equipment, prepared the following factory overhead cost budget for...
Tiger Equipment Inc., a manufacturer of construction equipment,
prepared the following factory overhead cost budget for the Welding
Department for May of the current year. The company expected to
operate the department at 100% of normal capacity of 8,400
hours.
Can someone help me finish the report??
TIGER EQUIPMENT INC.
Factory Overhead Cost Budget-Welding Department
For the Month Ended May 31
1
Variable costs:
2
Indirect factory wages
$43,680.00
3
Power and light
24,360.00
4
Indirect materials
16,800.00
5
Total...
P14-1 Budget performance report for a cost center Sneed Industries Company sells vehicle parts to manufacturers of heavy construction equip ment. The Crane Division is organized as a cost center. The budget for the Crane Division for the month ended August 31, 20Y6, is as follows (in thousands): Customer service salaries $ 250,000 Insurance and property taxes 50,000 Distribution salaries 475,000 Marketing salaries 300,000 Engineer salaries 740,000 Warehouse wages 280,000 Equipment depreciation 155,000 Total $2,250,000 During August, the costs incurred...
The Northeast District of Vidovich Beveras Inc is organized as a cost center the budget for the Northeast District of Vidovich Beverages, Inc., for the month ended May 31, 2010, is as follows: Sales salaries System administration salaries Customer service salares Billing salaries Maintenance Depreciation of plant and equipment Insurance and property taxes Total $ 569 400 311220 106.000 68.560 190 480 54 050 28.670 $1.336 390 During May, the costs incurred in the Northeast District were as follows: Sales...
Need ones with red X corrected and that have nothing in it
Calculator Print tem udget Performance Report for a Cost Center The Eastern District of Adelson Inc. is organized as a cost center. The budget for the Eastern District of Adelson Inc. for the month ended December 31 is as follows: Sales salaries System administration salaries Customer service salaries Billing salaries Maintenance Depreciation of plant and equipment Insurance and property taxes Total $819,840 448,152 152,600 99,760 271,104 92,232 41,280...
Exercise 9-15 Flexible Budget Performance Report in a Cost Center (LO9-1, LO9-2, LO9-3, LO9-4] Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Cost Formulas $16.207 $4,600 +...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration Cost Formulas $16.109 $4,000 + $1.909 $5,300 + $0.509 $1,500 + $0.409 $18,800 + $3.109 $8,300 $2,900 $13,500 +...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Cost Formulas $16.50q $4,600 $1.50q $5,200 $0.40q $1,500 Direct labor Indirect labor Utilities Supplies Equipment depreciation Factory rent Property taxes Factory administration $0.40q $18,600 $2.70q $8,500 $2,700 $13,100 $0.90q The Production Department planned...
Factory Overhead Cost Variance Report
Tannin Products Inc. prepared the following factory overhead
cost budget for the Trim Department for July of the current year,
during which it expected to use 14,000 hours for production:
Variable overhead costs:
Indirect factory labor
$47,600
Power and light
10,360
Indirect materials
15,400
Total variable overhead cost
$73,360
Fixed overhead costs:
Supervisory salaries
$56,430
Depreciation of plant and equipment
14,850
Insurance and property taxes
27,720
Total fixed overhead cost
99,000
Total factory overhead cost...
Tiger Equipment Inc., a manufacturer of construction equipment,
prepared the following factory overhead cost budget for the Welding
Department for May of the current year. The company expected to
operate the department at 100% of normal capacity of 8,400
hours.
Can someone help me finish the report??
TIGER EQUIPMENT INC.
Factory Overhead Cost Budget-Welding Department
For the Month Ended May 31
1
Variable costs:
2
Indirect factory wages
$43,680.00
3
Power and light
24,360.00
4
Indirect materials
16,800.00
5
Total...
Most questions answered within 3 hours.
-
R2.84: There are 2 defective products in a production lot of 10.
An inspector randomly selected...
asked 8 minutes ago -
Consider the following equilibrium system: COCl2(g) CO(g) +
Cl2(g) A 10.00 L evacuated flask is filled...
asked 35 minutes ago -
1) What are the two distinct steps that one needs to perform
when developing a data...
asked 40 minutes ago -
2) Write a C++ program that uses a class called “Degree” to
obtain the trigonometric
values...
asked 1 hour ago -
1. In eukaryotic cells the genomes of
&
asked 1 hour ago -
The standard enthalpy of propanol (C3H7OH) is -303.0 kJ/mol.
Compute both of the
gross and net...
asked 1 hour ago -
Why PWM using H-bridge for control motor speed is more power
effiecient than the linear amplifier...
asked 1 hour ago -
In 1999, Carly Fiorina famously said,"I hope that we are at a
point that everyone is...
asked 2 hours ago -
Individuals in a species of moth vary in wing color from white to
black, but all...
asked 2 hours ago -
The following standards for variable manufacturing overhead have
been established for a company that makes only...
asked 2 hours ago -
The United States government wanted to determine what proportion
of Americans approve of the current president,...
asked 2 hours ago -
2-N stone is dropped from the top of a cliff. The stone hits the
ground 3...
asked 2 hours ago