Solution:
Appliance Possible Inc. | |||
Flexible Production cost budget | |||
Flexible Budget: | |||
Production level (In units) | 80000 | 91000 | 102000 |
Variable costs: | |||
Manufacturing | $560,000.00 | $637,000.00 | $714,000.00 |
Administrative | $240,000.00 | $273,000.00 | $306,000.00 |
Selling | $160,000.00 | $182,000.00 | $204,000.00 |
Total Variable costs | $960,000.00 | $1,092,000.00 | $1,224,000.00 |
Fixed costs: | |||
Manufacturing | $130,000.00 | $130,000.00 | $130,000.00 |
Administrative | $76,000.00 | $76,000.00 | $76,000.00 |
Total Fixed costs | $206,000.00 | $206,000.00 | $206,000.00 |
Total Costs | $1,166,000.00 | $1,298,000.00 | $1,430,000.00 |
Exercise 10-7 (Part Level Submission) (Video) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens....
Exercise 10-7 (Video) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 82,000, 92,000, and 102,000 units. Variable costs Manufacturing Administrative $6 per unit $3 per unit $2 per unit Selling Fixed costs Manufacturing Administrative $144,000 $76,000 Prepare a flexible budget...
Exercise 10-7 (Video) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 83,000, 94,000, and 105,000 units. Variable costs Manufacturing Administrative $6 per unit $4 per unit $2 per unit Selling Fixed costs Manufacturing Administrative $140,000 $82,000 Prepare a flexible budget...
Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 90,000, 100,000, and 110,000 units. $6 per unit $4 per unit Variable costs Manufacturing Administrative Selling Fixed costs Manufacturing Administrative $3 per unit $160,000 $80,000 (a) Prepare a flexible budget for each...
Exercise 23-07 a-b (Video) (Part Level Submission) Vaughn Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 82,000, 96,000, and 110,000 units Variable costs Manufacturing $6 per unit Administrative $3 per unit Selling $1 per unit Fixed costs Manufacturing $157,000 Administrative $85,000 Prepare...
Exercise 10-7 (Video) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP’s expected costs at production levels of 87,000, 102,000, and 117,000 units. Variable costs Manufacturing $7 per unit Administrative $3 per unit Selling $2 per unit Fixed costs Manufacturing $138,000 Administrative $75,000 Prepare a flexible budget...
Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP’s expected costs at production levels of 89,000, 103,000, and 117,000 units. Variable costs Manufacturing $7 per unit Administrative $4 per unit Selling $2 per unit Fixed costs Manufacturing $151,000 Administrative $77,000 Prepare a flexible budget for each of...
b) If AP sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes? Exercise 10-7 (Part Level Submission) (Video) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of...
Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP’s expected costs at production levels of 90,000, 100,000, and 110,000 units. Variable costs Manufacturing $6 per unit Administrative $4 per unit Selling $3 per unit Fixed costs Manufacturing $160,000 Administrative $80,000 Partially correct answer. Your answer is partially...
Prepare a flexible budget for each of the possible production levels: 89,000, 104,000, and 119,000 units. (List variable costs before fixed costs.) Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 89,000, 104,000, and 119,000 units. Variable costs Manufacturing $6 per...
A) Prepare a flexible budget for each of the possible production levels: 90,000, 100,000, and 110,000 units. (List variable costs before fixed costs.) B) What are the units to be sold? Exercise 23-07 a-b (Video) (Part Level Submission) Bramble Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected...