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(Q.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Direct materials Direct manufacturing labor Power Supervision labor Materials-handling labor Maintenance labor Depreciation Rent, property taxes, and administration 0% variable Amount $300,000 225,000 37,500 56,250 60,000 75,000 95,000 100,000 Classification All variable All variable All variable 20% variable 50% variable 40% variable 0% variable Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
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(0.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Classification Amount Direct materials All variable $300,000 Direct manufacturing labor All variable 225,000 Power All variable 37,500 Supervision labor 20% variable 56,250 Materials-handling labor 50% variable 60,000 Maintenance labor 40% variable 75,000 Depreciation 0% variable 95,000 Rent, property taxes, and administration 0% variable 100,000 Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
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Morin, Inc., a manufacturer of plastic products, reports the
following manufacturing costs and account analysis classification
for the year ended December 31, 2017.
Morin, Inc., produced 72500 units of product in 2017. Morin's
management is estimating costs for 2018 on the basis of 2017
numbers. The following additional information is available for
2018.
REQUIREMENTS
Data Table Account Classification Amount Direct materials All variable $ 326,250 Direct manufacturing labor All variable 217,500 Power All variable 54,375 Supervision labor 72,500 15% variable...
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Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 Click the icon to see the account classification.) Account classification Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit,...
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Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 Click the icon to see the account classification.) Account classification Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit,...
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Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 9: (Click the icon to see the account classification.) Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit, Inc.,...
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Lurvey, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017. E: (Click the icon to see the account information.) Lurvey, Inc., produced 80,000 units of product in 2017. Lurvey's management is estimating costs for 2018 on the basis of 2017 numbers. The following additional information is available for 2018. (Click the icon to see the additional information.) Read the requirements. 2017 2018 Variable unit Total cost X...
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one and assification for e r Lurvey, a manter of products, reports the following manufacturing the year ended December 31, 2017 Co the icon to see the account formation) Lurvey produced 80 000 units of product in 2017 Lurvey's manag numbers. The following additional infomation is for 2018 che con to the a naloon Read the Now cate the war 2018 Round the t e nt Com b o Account Derma De manucuring Power Account Director Drenchung Avans 220.000 Superviso...
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a. Direct materials prices in 2015 are expected to increase by 8% compared with 2014. b. Under the terms of the labor contract, direct manufacturing labor wage rates are expected to increase c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to d. Depreciation costs are expected to increase by 6%, and rent, property taxes, and administration costs e. Hamwey expects to manufacture and sell 90,000 units in 2015. by 12% in 2015 compared...
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities $1.30 0.60 0.40 Fixed overhead costs per month are Supervision $3,800, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,100-12,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using...
(Q.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Direct materials Direct manufacturing labor Power Supervision labor Materials-handling labor Maintenance labor Depreciation Rent, property taxes, and administration 0% variable Amount $300,000 225,000 37,500 56,250 60,000 75,000 95,000 100,000 Classification All variable All variable All variable 20% variable 50% variable 40% variable 0% variable Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
(0.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Classification Amount Direct materials All variable $300,000 Direct manufacturing labor All variable 225,000 Power All variable 37,500 Supervision labor 20% variable 56,250 Materials-handling labor 50% variable 60,000 Maintenance labor 40% variable 75,000 Depreciation 0% variable 95,000 Rent, property taxes, and administration 0% variable 100,000 Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
Morin, Inc., a manufacturer of plastic products, reports the
following manufacturing costs and account analysis classification
for the year ended December 31, 2017.
Morin, Inc., produced 72500 units of product in 2017. Morin's
management is estimating costs for 2018 on the basis of 2017
numbers. The following additional information is available for
2018.
REQUIREMENTS
Data Table Account Classification Amount Direct materials All variable $ 326,250 Direct manufacturing labor All variable 217,500 Power All variable 54,375 Supervision labor 72,500 15% variable...
Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 Click the icon to see the account classification.) Account classification Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit,...
Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 Click the icon to see the account classification.) Account classification Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit,...
Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017 9: (Click the icon to see the account classification.) Account Direct materials Direct manufacturing labour Power Supervision labour Materials-handling labour Maintenance labour Depreciation Rent, property taxes, and administration Classification Amount All variable $ 320,000 All variable 240,000 All variable 40,000 20% variable 68,000 40% variable 60,000 45% variable 80,000 0% variable 90,000 0% variable 125,000 Benoit, Inc.,...
Lurvey, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2017. E: (Click the icon to see the account information.) Lurvey, Inc., produced 80,000 units of product in 2017. Lurvey's management is estimating costs for 2018 on the basis of 2017 numbers. The following additional information is available for 2018. (Click the icon to see the additional information.) Read the requirements. 2017 2018 Variable unit Total cost X...
one and assification for e r Lurvey, a manter of products, reports the following manufacturing the year ended December 31, 2017 Co the icon to see the account formation) Lurvey produced 80 000 units of product in 2017 Lurvey's manag numbers. The following additional infomation is for 2018 che con to the a naloon Read the Now cate the war 2018 Round the t e nt Com b o Account Derma De manucuring Power Account Director Drenchung Avans 220.000 Superviso...
a. Direct materials prices in 2015 are expected to increase by 8% compared with 2014. b. Under the terms of the labor contract, direct manufacturing labor wage rates are expected to increase c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to d. Depreciation costs are expected to increase by 6%, and rent, property taxes, and administration costs e. Hamwey expects to manufacture and sell 90,000 units in 2015. by 12% in 2015 compared...
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities $1.30 0.60 0.40 Fixed overhead costs per month are Supervision $3,800, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,100-12,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using...