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the mata mandating overhead budget the ironing Department, which is based on an activity ๒dex of direct labor hours. 0.40 47 440 0.54 Indirect material Factory utilities Factory repairs 0.20 Rent 7,320 Flxed: same as budgeted overhead Bexible budget for the year ending December 31, 2037, assuning production levels range from 42,700 to 60,100 direct labor hours Use labor hours (ist variable costs before fixed costs) Hontly
of 5,800 direct (a) Prepare a abor hours (List variable costs before fixed costs.) manufacturing overhead flexible budget for the year ending December 31, 2017, assuming production levels range from 42,700 to 60,100 direct labor hours Use
Ironing Department For the Year 2017 Depreciation Direct Labor Direct Labor Hours Factory Repairs Fixed Costs Indirect Labor Indirect Materials Insurance Rent Supervision Total Costs
Direct Materials Factory Repairs Fixed Costs Indirect Labor Total Costs Total Fixed Costs Total Variable Costs Variable Costs t for June comparing actual results with budget data based on the flexible budget. (List variable costs Ironing
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PRINCIPLES t, Financial & Managerial Accounting, 2e Neither F Favorable Unfavorable Neither Favorable nor Unfavorable
Activity Level Depreciation Direct Labor Direct Labor Hours Direct Materials Factory Repairs Factory Utilities Fixed Costs Indirect Labor Indirect Materials Insurance Supervision Total Costs Total Fixed Costs
Direct Labor Direct Labor Hours Direct Materials Factory Repairs Factory Utilities Fixed Costs Indirect Labor Indirect Materials Insurance Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs
cost per unit to 2 decimal places, e.g. 1 per direct labor hour
business   accounting   
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Answer #1

ZELMER COMPANY Monthly Manufacturing Overhead Flexible Budget roning Department For the Year 2017 Activity Level Direct labor hours Variable Costs Indirect labor Indirect materials Factory Utilities Factory Repairs Total Variable Costs Fixed Costs Supervision Depreciation Insurance Rent Total Fixed Costs Total Costs 42700 48500 54300 60100 17080 23058 12810 8540 61488 19400 26190 14550 9700 69840 21720 29322 16290 10860 78192 24040 32454 18030 12020 86544 3970 1600 1020 2310 8900 70388 3970 1600 1020 2310 8900 78740 3970 1600 1020 2310 8900 87092 3970 1600 1020 2310 8900 95444

ZELMER COMPANY Ironing Department Manufacturing Overhead Flexible Budget Report For the month ended June 30, 2017 Budget 40400 Actual Difference Direct labor hours Variable Costs Indirect labor Indirect materials Factory Utilities Factory Repairs Total Variable Costs Fixed Costs Supervision Depreciation Insurance Rent Total Fixed Costs Total Costs 40400 16160 21816 12120 8080 58176 17372 21008 13332 9696 61408 1212 808 1212 1616 3232 Unfavorable Favorable Unfavorable Unfavorable Unfavorable 3970 1600 1020 2310 8900 67076 3970 1600 1020 2310 8900 70308 0 0 0 0 0 3232 Neither Favorable Nor Unfavorable Neither Favorable Nor Unfavorable Neither Favorable Nor Unfavorable Neither Favorable Nor Unfavorable Neither Favorable Nor Unfavorable Unfavorable

The formula is $8,900 + $1.44 DLH

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