Homework Answers
Manufacturing overhead at 60000 machine hours = (720000+180000+210000)*60000/50000 + 150000
= $1,482,000
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Question 2 (1 point) The master budget of Windy Co. shows that the planned activity level...
TOUT JPALL 2019 The master budget of Hamilton Plastics shows that the planned activity level for...
TOUT JPALL 2019 The master budget of Hamilton Plastics shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $720,000 Machine supplies 180,000 Indirect materials 210,000 Depreciation on factory building 150.000 Total manufacturing overhead $1.260,000 For a flexible budget, what are total manufacturing overhead costs for a level of activity of 60,000 machine hours? A) $1,482,000. B) $1,512,000. C) $1,362,000....
What is the sales price variance? (a) $350,000 U. (b) $250,000 F (c) $350,000 F (d)...
What is the sales price variance? (a) $350,000 U. (b) $250,000 F (c) $350,000 F (d) $250,000 U. 23. The master budget of a company shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected. 24· COMPANY MASTER BUDGET FOR PLANNED ACTIVITY LEVEL OF 50,000 MACHINE HOURS Indirect labor Machine supplies Indirect materials Depreciation on factory building 240,000 60,000 70,000 50,000 420,000...
LockDown Browser Time Left:0:50:03 Amadou Conde: Attempt 2 Question 2 (1 point) A company's planned activity...
LockDown Browser Time Left:0:50:03 Amadou Conde: Attempt 2 Question 2 (1 point) A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Variable Fixed $37,500 Indirect $90,000 Depreciation materials 7,500 Indirect labor 120,000 15,000 Taxes 30,000 Supervision Factory supplies A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of a) $202,500. b) $277,500....
New Multiple Choice Question 30 Acompany's planned activity level for next year is expected to be...
New Multiple Choice Question 30 Acompany's planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs Variable Indirect materials Indirect labor Factory supplies $40000 100000 10000 Depreciation Tees Supervision $60000 10000 50000 Afble budget prepared at the 50000 machine hours level of activity would show to manufacturing overhead costs of $240000 O $216000 O $120000 O $150000 Click you would like to Show Work...
The following costs appear in a company's flexible budget at an activity level of 15,000 machine...
The following costs appear in a company's flexible budget at an activity level of 15,000 machine hours: Indirect materials $7800 Factory rent $18,000 What would be the flexible budget amounts at an activity level of 12,000 machine hours if indirect material is a variable cost and factory rent a fixed cost and actual factory rent is $22,000? A. $7800 for indirect labour and $14,400 for factory rent B. $7800 for indirect labour and $18,000 for factory rent C. $6240 for...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 20,000 hours of productive capacity in the department: Variable overhead costs: Indirect factory labor $180,000 Power and light Indirect materials 12,000 64,000 Total variable overhead cost $256,000 Fixed overhead costs: Supervisory salaries $ 80,000 50,000 Depreciation of plant and equipment Insurance and property taxes 32,000 Total fixed overhead cost 162,000 Total...
Problem 10-2A-b, d (Part Level Submission) (Video) Zelmer Company manufactures tablecloths. Sales have grown rapidly over...
Problem 10-2A-b, d (Part Level Submission) (Video) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has inted a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the long Department, which is based on an activity index of direct labor hours BACK NEXT Rate per Direct Labor Hour Variable costs Indirect labor Indirect materials Factory utilities Factory repairs 0.51 0.32 0.24...
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,500 machine-hours...
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,500 machine-hours Variable overhead costs: Supplies $ 11,250 Indirect labor 21,000 Fixed overhead costs: Supervision 15,700 Utilities 5,900 Depreciation 6,900 Total overhead cost $ 60,750 The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 2,400 machine-hours rather than 2,500 machine-hours? Multiple Choice $58,870 $58,320 $59,460 $60,750
Problem 24-2A (Part Level Submission) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past...
Problem 24-2A (Part Level Submission) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2017. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Rate per Direct Labor Hour Variable costs Indirect labor Indirect materials Factory utilities Factory repairs Annual Fixed Costs $41,040 16,200 13,320 30,960...
the mata mandating overhead budget the ironing Department, which is based on an activity ๒dex of...
the mata mandating overhead budget the ironing Department, which is based on an activity ๒dex of direct labor hours. 0.40 47 440 0.54 Indirect material Factory utilities Factory repairs 0.20 Rent 7,320 Flxed: same as budgeted overhead Bexible budget for the year ending December 31, 2037, assuning production levels range from 42,700 to 60,100 direct labor hours Use labor hours (ist variable costs before fixed costs) Hontly of 5,800 direct (a) Prepare a abor hours (List variable costs before fixed...
TOUT JPALL 2019 The master budget of Hamilton Plastics shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $720,000 Machine supplies 180,000 Indirect materials 210,000 Depreciation on factory building 150.000 Total manufacturing overhead $1.260,000 For a flexible budget, what are total manufacturing overhead costs for a level of activity of 60,000 machine hours? A) $1,482,000. B) $1,512,000. C) $1,362,000....
What is the sales price variance? (a) $350,000 U. (b) $250,000 F (c) $350,000 F (d) $250,000 U. 23. The master budget of a company shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected. 24· COMPANY MASTER BUDGET FOR PLANNED ACTIVITY LEVEL OF 50,000 MACHINE HOURS Indirect labor Machine supplies Indirect materials Depreciation on factory building 240,000 60,000 70,000 50,000 420,000...
LockDown Browser Time Left:0:50:03 Amadou Conde: Attempt 2 Question 2 (1 point) A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Variable Fixed $37,500 Indirect $90,000 Depreciation materials 7,500 Indirect labor 120,000 15,000 Taxes 30,000 Supervision Factory supplies A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of a) $202,500. b) $277,500....
New Multiple Choice Question 30 Acompany's planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs Variable Indirect materials Indirect labor Factory supplies $40000 100000 10000 Depreciation Tees Supervision $60000 10000 50000 Afble budget prepared at the 50000 machine hours level of activity would show to manufacturing overhead costs of $240000 O $216000 O $120000 O $150000 Click you would like to Show Work...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 20,000 hours of productive capacity in the department: Variable overhead costs: Indirect factory labor $180,000 Power and light Indirect materials 12,000 64,000 Total variable overhead cost $256,000 Fixed overhead costs: Supervisory salaries $ 80,000 50,000 Depreciation of plant and equipment Insurance and property taxes 32,000 Total fixed overhead cost 162,000 Total...
Problem 10-2A-b, d (Part Level Submission) (Video) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has inted a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the long Department, which is based on an activity index of direct labor hours BACK NEXT Rate per Direct Labor Hour Variable costs Indirect labor Indirect materials Factory utilities Factory repairs 0.51 0.32 0.24...
Problem 24-2A (Part Level Submission) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2017. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Rate per Direct Labor Hour Variable costs Indirect labor Indirect materials Factory utilities Factory repairs Annual Fixed Costs $41,040 16,200 13,320 30,960...
the mata mandating overhead budget the ironing Department, which is based on an activity ๒dex of direct labor hours. 0.40 47 440 0.54 Indirect material Factory utilities Factory repairs 0.20 Rent 7,320 Flxed: same as budgeted overhead Bexible budget for the year ending December 31, 2037, assuning production levels range from 42,700 to 60,100 direct labor hours Use labor hours (ist variable costs before fixed costs) Hontly of 5,800 direct (a) Prepare a abor hours (List variable costs before fixed...
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