Homework Answers
Add Answer to:
Powerful Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 15.750 pounds...
Price and efficiency variances. Sunshine Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase...
Price and efficiency variances. Sunshine Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 14,750 pounds of pumpkin at $0.92 a pound. Actual purchases and usage for January 2017 were 16,000 pounds at $0.85 a pound. Sunshine budgeted for 59,000 pumpkin scones. Actual output was 59,200 pumpkin scones. 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances.
Garbera Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted...
Garbera Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted to manufacture and sell 3,100 tires at a variable cost of $77 per tire and total fixed costs of $53,000. The budgeted selling price was $107 per tire. Actual results in August 2017 were 2,900 tires manufactured and sold at a selling price of $109 per tire. The actual total variable costs were $240,700, and the actual total fixed costs were $49,500. Read the...
Connolly Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it budgeted...
Connolly Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it budgeted to manufacture and sell 2.900 tires at a variable cost of $75 per tire and total fixed costs of $53,000. The budgeted selling price was $116 per tire. Actual results in August 2017 were 2,600 tires manufactured and sold at a selling price of $117 per tire. The actual total variable costs were $215,800, and the actual total fixed costs were $50,000 Read the...
Melton Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted...
Melton Enterprises manufactures tires for the Formula 1 motor
racing circuit. For August 2017, it budgeted to manufacture and
sell 3,300 tires at a variable cost of $75 per tire and total fixed
costs of $54,500. The budgeted selling price was $111 per tire.
Actual results in August 2017 were 3,200 tires manufactured and
sold at a selling price of $113 per tire. The actual total variable
costs were $265,600. And the actual total fixed costs were
$51,000.
Requirement 1....
During June, Health Foods manufactures a single product. The Company's material purchases amounted to 9,000 pounds...
During June, Health Foods manufactures a single product. The Company's material purchases amounted to 9,000 pounds at a price of $9.60 per pound. Actual costs incurred in the actual output production of 3,300 units were as follows: Direct material: $67,200 ($9.60 per pound) Direct labor: $312,000 ($24.00 per hour) The standards for one unit of Health Foods Company's product are as follows: Direct material: Direct labor: Quantity, 2 pounds per unit Quantity, 4 hours per unit Price, $9.10 per pound...
Performance Report, June 2017 Actual Static Results Budget Units (pounds) 390,000 380,000...
Performance Report, June 2017 Actual Static Results Budget Units (pounds) 390,000 380,000 Revenues $2,203,500 $2,166,000 Variable manufacturing costs 1,423,500 1,368,000 Contribution margin $780,000 $798,000 SteveSteve AdlerAdler, the business manager for ice-cream products, is pleased that more pounds of ice cream were sold than budgeted and that revenues were up.Unfortunately, variable manufacturing costs went up, too. The bottom line is that contribution margin declined by $ 18 comma 000$18,000, which is less thanless than 11% of the budgeted revenues of $...
Tailored Clothing is a manufacturer of designer suits. For June 2017, each suit is budgeted to...
Tailored Clothing is a manufacturer of designer suits. For June 2017, each suit is budgeted to take 5 labor hours. The budgeted number of suits to be manufactured in June 2017 is 1,080. Tailored Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor-hours per suit. Data pertaining to fixed manufacturing overhead costs for June 2017 are budgeted, $70,200, and actual, $63,910. in June 2017 there were 1,140 suits started and completed. There were no beginning or...
Grand Clothing is a manufacturer of designer suits. For June 2017, each sut is budgeted to...
Grand Clothing is a manufacturer of designer suits. For June 2017, each sut is budgeted to take 5 labor-hours. The budgeted number of suits to be manufactured in June 2017 is 1.200 Grand Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor hours per suit Data pertaining to foed manufacturing overhead costs for June 2017 are budgeted $72,000, and actual, $63,920. In June 2017 there were 1240 suts started and completed. There were no beginning or...
E7-29 (similar to) The Madison Corporation manufactures lamps. It has set up the following standards per...
E7-29 (similar to) The Madison Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor (Click the icon to view the standards.) The number of finished units budgeted for January 2017 was 9,760; 9,600 units were actually produced. (Click the icon to view actual data.) Requirement 1. Compute the January 2017 price and efficiency variances of direct materials and direct manufacturing lal Let's begin by calculating the actual input at...
- Juver Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it...
- Juver Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it budgeted to manufacture and sell 3,000 tires at a variable cost of $73 per tire and total food costs of 57,000. The budgeted seling price was $115 per tire. Actual results in August 2017 were 2,900 tires manufactured and sold at a seling price of $117 per tire. The actual total variable costs were 232,000, and the actual total and costs were $53.000 ead...
Garbera Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted to manufacture and sell 3,100 tires at a variable cost of $77 per tire and total fixed costs of $53,000. The budgeted selling price was $107 per tire. Actual results in August 2017 were 2,900 tires manufactured and sold at a selling price of $109 per tire. The actual total variable costs were $240,700, and the actual total fixed costs were $49,500. Read the...
Connolly Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it budgeted to manufacture and sell 2.900 tires at a variable cost of $75 per tire and total fixed costs of $53,000. The budgeted selling price was $116 per tire. Actual results in August 2017 were 2,600 tires manufactured and sold at a selling price of $117 per tire. The actual total variable costs were $215,800, and the actual total fixed costs were $50,000 Read the...
Melton Enterprises manufactures tires for the Formula 1 motor
racing circuit. For August 2017, it budgeted to manufacture and
sell 3,300 tires at a variable cost of $75 per tire and total fixed
costs of $54,500. The budgeted selling price was $111 per tire.
Actual results in August 2017 were 3,200 tires manufactured and
sold at a selling price of $113 per tire. The actual total variable
costs were $265,600. And the actual total fixed costs were
$51,000.
Requirement 1....
Tailored Clothing is a manufacturer of designer suits. For June 2017, each suit is budgeted to take 5 labor hours. The budgeted number of suits to be manufactured in June 2017 is 1,080. Tailored Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor-hours per suit. Data pertaining to fixed manufacturing overhead costs for June 2017 are budgeted, $70,200, and actual, $63,910. in June 2017 there were 1,140 suits started and completed. There were no beginning or...
Grand Clothing is a manufacturer of designer suits. For June 2017, each sut is budgeted to take 5 labor-hours. The budgeted number of suits to be manufactured in June 2017 is 1.200 Grand Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor hours per suit Data pertaining to foed manufacturing overhead costs for June 2017 are budgeted $72,000, and actual, $63,920. In June 2017 there were 1240 suts started and completed. There were no beginning or...
E7-29 (similar to) The Madison Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor (Click the icon to view the standards.) The number of finished units budgeted for January 2017 was 9,760; 9,600 units were actually produced. (Click the icon to view actual data.) Requirement 1. Compute the January 2017 price and efficiency variances of direct materials and direct manufacturing lal Let's begin by calculating the actual input at...
- Juver Enterprises manufactures tires for the Formula 1 motor racing circuit For August 2017, it budgeted to manufacture and sell 3,000 tires at a variable cost of $73 per tire and total food costs of 57,000. The budgeted seling price was $115 per tire. Actual results in August 2017 were 2,900 tires manufactured and sold at a seling price of $117 per tire. The actual total variable costs were 232,000, and the actual total and costs were $53.000 ead...
Most questions answered within 3 hours.
-
Which is a method of transmitting pathogens from one host to
another by carrying microorganisms inside...
asked 7 minutes ago -
Ten young adults living in California rated the taste of a newly
developed sushi pizza topped...
asked 19 minutes ago -
In a titration experiment, 29.9 mL of 0.797 M HCOOH neutralizes
20.6 mL of Ba(OH)2. What...
asked 15 minutes ago -
A
roller coaster cart of mass 312 kg travels around a horizontal
curve of radius 41.3...
asked 29 minutes ago -
M1=7/Hr ==> M2=6/Hr ==> M3=9/Hr ==> M4=8/Hr ==>
Demand = 10/Hr
The diagram shows the hourly...
asked 15 minutes ago -
(Cash Flow Statement) Consider the following potential events
that might have taken place at Global Conglomerate...
asked 21 minutes ago -
What kinds of transitions form the basis for AA and AE?
Can the detector differentiate wavelengths...
asked 28 minutes ago -
Twenty percent of all telephones of a certain type are submitted
for service while under warranty....
asked 28 minutes ago -
If I have a function in python, say show(B), how would I code it
so that...
asked 30 minutes ago -
Size properly the power supply that you need to purchase if you
have the following equipment....
asked 31 minutes ago -
Is voter turnout in Texas a problem? If so how can this issue be
addressed to...
asked 37 minutes ago -
Assume we have these two classes. Note that they are in
separate packages. If the code...
asked 49 minutes ago