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Budget | Less: Fixed | =Variable | MH | Per unit | ||||
Maintenance Cost | $ 23,300 | $ 18,900 | $ 4,400 | 40,000 | $ 0.11 | |||
Utility Cost | $ 22,100 | $ 14,500 | $ 7,600 | 40,000 | $ 0.19 | |||
Acutal | Revenue and Spending Variance | Flexible Budget | Activity Variance | Planning Budget | ||||
Machiner Hours | 42,000 | 42,000 | 40,000 | |||||
Direct Labor wages | $ 93,500 | $ 1,420 | F | $ 94,920 | $ 4,520 | U | $ 90,400 | |
Supplies | $ 29,800 | $ 1,660 | U | $ 28,140 | $ 1,340 | U | $ 26,800 | |
Maintanence ($18,900+$0.11q) | $ 25,900 | $ 2,380 | U | $ 23,520 | $ 220 | U | $ 23,300 | |
Utilities ($14,500+$0.19q) | $ 23,600 | $ 1,120 | U | $ 22,480 | $ 380 | U | $ 22,100 | |
Supervision | $ 58,000 | $ - | None | $ 58,000 | $ - | None | $ 58,000 | |
Depreciation | $ 101,000 | $ - | None | $ 101,000 | $ - | None | $ 101,000 | |
Total | $ 331,800 | $ 3,740 | U | $ 328,060 | $ 6,460 | U | $ 321,600 |
Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for...
Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below. Freemont Corporation Machining Department Cost Control Report For the Month Ended June 30 Actual Planning Results Budget Variances Machine-hours 42,000 40,000 Direct labor wages $ 93,500 Supplies 29,800 Maintenance 25,900 Utilities 23,600 Supervision 58,000 Depreciation 101,000 Total $ 331,800 $ 90,400 26,800 23,300 22, 100 58,000 101,000 $321,600...
Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 30 Actual Results Planning Budget Variances Machine-hours 42,000 40,000 Direct labor wages $ 79,200 $ 77,200 $2,000 U 1,900 U 2,400 U 1,500 U upplies Maintenance Utilities Supervision Depreciation Total 24,300 23,700 21,400 47,000 79,000 22,400 21,300...
Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 30 S E Actual Results Planning Budget Variances Machine-hours 42,000 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total 85,700 26,800 25,200 22,900 52,000 89,000 $ 301,600 $ 83,200 24,400 22,100 20,900 52,000 89,000 $ 291,600...
Help Save & Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below. Freemont Corporation Machining Department Cost Control Report For the Month Ended June 30 Actual Results Planning Budget Variances Machine-hours 42,000 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total 92,200 29, 300 25,600 23,300 57,880 99,800 $ 326,480 $ 89,200 26,400 23,300 21,900 57,000...
Tank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his epartment's poor performance over the prior month. The department's cost control report is given below. Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 30 Actual Planning Results Budget Variances Machine-hours 42,000 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total $2,000 U 1,900 U 2,400 U 1,500 U $ 79,200 24,300 23,700 21,400 47,000 79,000 $ 274,600 $ 77,200...
Frank Weston, supervisor of the Freemont Corporation’s Machining Department, was visibly upset after being reprimanded for his department’s poor performance over the prior month. The department’s cost control report is given below: Freemont Corporation–Machining Department Cost Control Report For the Month Ended June 30 Actual Results Planning Budget Variances Machine-hours 42,000 40,000 Direct labor wages $ 83,100 $ 80,800 $ 2,300 U Supplies 25,800 23,600 2,200 U Maintenance 24,600 21,700 2,900 U Utilities 22,300 20,500 1,800 U Supervision 50,000 50,000...
Frank Weston, supervisor of the Freemont Corporation’s Machining Department, was visibly upset after being reprimanded for his department’s poor performance over the prior month. The department’s cost control report is given below: Freemont Corporation–Machining Department Cost Control Report For the Month Ended June 30 Actual Results Planning Budget Variances Machine-hours 42,000 40,000 Direct labor wages $ 94,800 $ 91,600 $ 3,200 U Supplies 30,300 27,200 3,100 U Maintenance 26,200 23,700 2,500 U Utilities 23,900 22,300 1,600 U Supervision 59,000 59,000...
Problem 9-26 Critiquing a Cost Report; Preparing a Performance Report [LO9-1, LO9-2, LO9-3, LO9-4, LO9-6] Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 30 Actual Results 42,000 Planning Budget Variances Machine-hours 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation $ 93,500 29,800 25,900 23,600...
Problem 9-26 (Algo) Critiquing a Cost Report; Preparing a Performance Report (LO9-1, LO9-2, LO9-3, LO9-4, LO9-6] Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below: Freemont Corporation-Machining Department Cost Control Report For the Month Ended June 30 Actual Planning Results Budget Variances Machine-hours 42,000 40,000 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total $ 72,700 21,800...
Problem 9-26 (Algo) Critiquing a Cost Report; Preparing a Performance Report [LO9-1, LO9-2, LO9-3, LO9-4, LO9-6] Frank Weston, supervisor of the Freemont Corporation's Machining Department, was visibly upset after being reprimanded for his department's poor performance over the prior month. The department's cost control report is given below. Freemont Corporation Machining Department Cost Control Report For the Month Ended June 30 Actual Planning Results Budget Variances Machine-hours 42,000 40,000 $ 88,300 Direct labor wages Supplies Maintenance Utilities Supervision Depreciation Total...