Use the information below, the labor rate per hour: Budget production (units) 9,000 10,000 8,500 Labor...
Use the information below, the labor rate per hour:
Budget production (units) 9,000 10,000 8,500
Labor requirements per unit (hours) 1.5, 1.5, 1.5
Total labor hours needed: 13,500, 15,000, 12,750
Total labor dollars: 60,750, 72000, 62,300
Which is correct:
Remains constant over the budgeted production.
Decreases over the budgeted production.
Increases over the budgeted production.
Cannot be determined from the information provided.
Homework Answers
| Units | 9000 | 10000 | 8500 |
| Labor costs | 60750 | 72000 | 62300 |
| Divide by : labor hours | 13500 | 15000 | 12750 |
| Labor rate per hour | $4.5 | 4.8 | 4.89 |
Can not be determined from the information provided.
Add Answer to:
Use the information below, the labor rate per hour:
Budget production (units) 9,000 10,000 8,500
Labor...
Prepare a production budget and a direct manufacturing labor cost budget for PetersonPeterson Company by month...
Prepare a production budget and a direct manufacturing labor cost budget for PetersonPeterson Company by month and for the first quarter of 20182018. You may combine both budgets in one schedule. The direct manufacturing labor cost budget should include labor-hours and show the details for each labor cost category. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calculate the values for...
BC Industries has determined that the variable overhead rate is $8.00 per direct labor hour in...
BC Industries has determined that the variable overhead rate is $8.00 per direct labor hour in the Machining Department. The normal production capacity for the Machining Department is 3,000 hours for the month. Fixed costs are budgeted at $9,000 for the month. Prepare a monthly factory overhead flexible budget for 2,000, 3,000, and 4,000 hours of production. Enter all amounts as positive numbers. BC Industries Monthly Factory Overhead Cost Budget-Machining Department Direct labor hours Variable factory overhead cost Fixed factory...
Prepare a production budget and a direct manufacturing labor cost budget for PetersonPeterson Company by month...
Prepare a production budget and a direct manufacturing labor cost budget for PetersonPeterson Company by month and for the first quarter of 20182018. You may combine both budgets in one schedule. The direct manufacturing labor cost budget should include labor-hours and show the details for each labor cost category. Start the schedule by preparing the production budget and calculating the total hours of direct manufacturing labor time needed for the three months in the quarter, then calculate the values for...
The company is currently analyzing direct labor hour requirements for the upcoming year. Budgeted unit production...
The company is currently analyzing direct labor hour requirements for the upcoming year. Budgeted unit production for each of the products is as follows Number of units to be produced Cutting Assembly Estimated hours per unit: Product model Regal Zip 2.2 2.3 2.8 Regal Zip . Flash .. . 560 770 880 1.1 Direct labor hour $ 14 $ 15 rint Done Osborne Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly....
please answer all the required ones #1-3b direct labor rate: $18 per hour direct material cost:...
please answer all the required ones #1-3b
direct labor rate: $18 per hour
direct material cost: $3 per pound
Variable overhead rate (based on direct labor hours): $25 per
direct labor hour
Check my work Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next month's production needs. Each finished...
JTS Corp had the following production budget: 1st Quarter 2019 8.000 units 2nd Quarter 2019 9,000...
JTS Corp had the following production budget: 1st Quarter 2019 8.000 units 2nd Quarter 2019 9,000 units Each unit requires 4 pounds of raw materials at $2 per pound. JTS wants a raw materials inventory of 40% of the next months raw materials (the same percentage was used in 2018). The raw materials budget for the first quarter of 2019 is _______________. (no dollar signs, commas or decimals) Shadwell Company has budgeted the following unit sales: 1st Quarter 2019 ...
Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of...
Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of the company's accounting records for the year just ended discovered the following: Underapplied manufacturing overhead: $7,200 Actual manufacturing overhead: $392,000 Budgeted labor hours: 50,000 Simone's actual labor hours worked totaled: cannot be determined based on the information presented. a.50,900 b.48,100 c.49,100 d.49,900
Required information Ramos Co. provides the following sales forecast and production budget for the next four mont...
Required information Ramos Co. provides the following sales forecast and production budget for the next four months: July April May 670 June Sales (units) Budgeted production (units) 590 620 690 530 660 630 630 The company plans for finished goods inventory of 210 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 30 % of next month's production...
Addison Co. budgets production of 2,850 units during the second quartel. UUTUU Direct labor Variable overhead Fixe...
Addison Co. budgets production of 2,850 units during the second quartel. UUTUU Direct labor Variable overhead Fixed overhead Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Applied at the rate of $11 per direct labor hour. Budgeted at $640,000 per quarter. 0.5 points 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Prepare...
Addison Co. budgets production of 2,400 units during the second quarter. Other information is as follows:...
Addison Co. budgets production of 2,400 units during the second quarter. Other information is as follows: Direct labor Variable overhead Fixed overhead Each finished unit requires 4 direct labor hours, at a cost of $20 per hour. Applied at the rate of $11 per direct labor hour. Budgeted at $450,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare...
The company is currently analyzing direct labor hour requirements for the upcoming year. Budgeted unit production for each of the products is as follows Number of units to be produced Cutting Assembly Estimated hours per unit: Product model Regal Zip 2.2 2.3 2.8 Regal Zip . Flash .. . 560 770 880 1.1 Direct labor hour $ 14 $ 15 rint Done Osborne Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly....
please answer all the required ones #1-3b
direct labor rate: $18 per hour
direct material cost: $3 per pound
Variable overhead rate (based on direct labor hours): $25 per
direct labor hour
Check my work Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next month's production needs. Each finished...
Required information Ramos Co. provides the following sales forecast and production budget for the next four months: July April May 670 June Sales (units) Budgeted production (units) 590 620 690 530 660 630 630 The company plans for finished goods inventory of 210 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 30 % of next month's production...
Addison Co. budgets production of 2,850 units during the second quartel. UUTUU Direct labor Variable overhead Fixed overhead Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Applied at the rate of $11 per direct labor hour. Budgeted at $640,000 per quarter. 0.5 points 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Prepare...
Addison Co. budgets production of 2,400 units during the second quarter. Other information is as follows: Direct labor Variable overhead Fixed overhead Each finished unit requires 4 direct labor hours, at a cost of $20 per hour. Applied at the rate of $11 per direct labor hour. Budgeted at $450,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare...
Most questions answered within 3 hours.
-
A
cylunder of titanium (length = 5.00cm, diameter = 1.20 cm) has a
mass of 25.5...
asked 47 minutes ago -
1) Answer Each question with 1-2 Sentences:
a) How can we use the continuity and change...
asked 1 hour ago -
5. What is the decimal equivalent of the largest binary
integer that can be obtained with...
asked 44 minutes ago -
Why is the magnitude of the Type Ia supernova always the same
(-19.6)?
asked 1 hour ago -
5. You are a quality control engineer and you are
asked to analyze the lifetime (in hours)...
asked 1 hour ago -
How many ways can 2 people be chosen and arranged in a straight
line if there...
asked 2 hours ago -
(Problem 1d). Leandro has 16 hours per day that he can allocate
to work or leisure....
asked 3 hours ago -
Morganton Company
makes one product and it provided the following information to help
prepare the master...
asked 3 hours ago -
2Al + 3Cl2 --> 2AlCl3
If one mole Al is reacted w two moles Cl2, how...
asked 4 hours ago -
1. You will see some trends in the movement of each currency vs.
the US Dollar....
asked 4 hours ago -
9. (9 pts) An investor with a stock portfolio worth several
hundred thousand dollars sued his...
asked 4 hours ago -
Which statement is true?
a. Unless directed otherwise, the computer automatically
executes C. statements one before...
asked 5 hours ago