Question

Brief Exercise 24-5 Gundy Company expects to produce 1,215,600 units of Product XX in 2017. Monthly production is expected to range from 79,300 to 111,300 units. Budgeted variable manufacturing costs per unit are: direct materials $5, direct labor $6, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. In March 2017, the company incurs the following costs in producing 95,300 units: direct materials $499,500, direct labor $570,800, and variable overhead $1,056,300. Actual fixed costs were equal to budgeted foxed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.) GUNDY COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Actual Units Produced Variable costs Direct Materials Direct Labor Variable costs Total Variable Costs Fred Costs Depreciation Supervision Total Fixed Costs Total Costs Were costs controlled? LINK TO TEXT By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attemptat 0 of 2 used SAVE FOR LATER SUBMIY ANSWER

Answer 1

- Gundy Company Manufacturing flexible budget For the month Endedmarch 31, 2017 biflex Favourable F/A AdSeal Bud Actual Units produced -101300 95300 Variable costs 5 45300 23000 A. Direct material 476500 499500 Direct Labour PRESSO 570800 Variable cost 11048300 | 1056300, anos 3000 A . Total Variable Last 20 966002126600 30,000 Fixed cost Depreciation Supervision 6 X 101300 607800607860 2x 101300 202600 1202600 Total Fixed cost Total cost 810400 2907000 810400 2937000 30,000 A. . Were Cost Controlled No :

roch SODIDOR O J GOOD SO ODO 20g Eat Outu sloten 525200 Sose o uspje SP geroo SISETOR 50.000 taald ASSEGNO PUGL 3992 Qeelal 0999 = pompoed syrum popbong

If benefited from the answer please LIKE ,

If disliked please specify the reason.