Homework Answers
| Flexible budget | |||
| Direct materials | 42984 | =37300/10500*12100 | |
| Direct labor | 54162 | =47000/10500*12100 | |
| Variable Utilities | 8067 | =7000/10500*12100 | |
| Supervisor salaries | 15100 | Fixed cost | |
| Direct materials $42,984, direct labor of $54,162, utilities of $8,067, and supervisor salaries of $15,100 | |||
| Option C is correct | |||
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Miller and Sons static budget for 10,500 units of production includes $37,300 for direct materials, $47,000...
Calculator Miller and Sons' static budget for 10,500 units of production includes $39,100 for direct materials,...
Calculator Miller and Sons' static budget for 10,500 units of production includes $39,100 for direct materials, $51,300 for direct labor, variable utilities of $6,300, and supervisor salaries of $16,400. A flexible budget for 13,100 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a. direct materials of $48,782, direct labor of $64,003, utilities of $7,860, and supervisor salaries of $16,400 b. total variable costs of $113,100 c. the same cost structure...
Miller and Sons' static budget for 10,500 units of production includes $38,200 for direct materials, $52,300...
Miller and Sons' static budget for 10,500 units of production includes $38,200 for direct materials, $52,300 for direct labor, variable utilities of $8,000, and supervisor salaries of $17,000. A flexible budget for 12,700 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. Oa. the same cost structure in total Ob. total variable costs of $115,500 Oc. direct materials of $46,204, direct labor of $63,258, utilities of $9,676, and supervisor salaries of...
Miller and Sons' static budget for 9,800 units of production includes $36,000 for direct materials, $49,000...
Miller and Sons' static budget for 9,800 units of production includes $36,000 for direct materials, $49,000 for direct labor, variable utilities of $6,500, and supervisor salaries of $14,200. A flexible budget for 12,300 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.total variable costs of $105,700 b.the same cost structure in total c.direct materials of $45,184, direct labor of $61,500, utilities of $8,158, and supervisor salaries of $17,040 d.direct materials...
7 Miller and Sons' static budget for 10,100 units of production includes $39,300 for direct materials,...
7 Miller and Sons' static budget for 10,100 units of production includes $39,300 for direct materials, $53,600 for direct labor, variable utilities of $6,100, and supervisor salaries of $16,800. A flexible budget for 12,900 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.total variable costs of $115,800 b.direct materials of $50,195, direct labor of $68,459, utilities of $7,791, and supervisor salaries of $16,800 c.the same cost structure in total d.direct...
Miller and Sons' static budget for 9,600 units of production includes $37,400 for direct materials, $45,000...
Miller and Sons' static budget for 9,600 units of production includes $37,400 for direct materials, $45,000 for direct labor, variable utilities of $6,000, and supervisor salaries of $16,300. A flexible budget for 12,000 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.direct materials of $46,750, direct labor of $56,250, utilities of $7,500, and supervisor salaries of $19,560 b.total variable costs of $104,700 c.direct materials of $46,750, direct labor of $56,250,...
45. Miller and Sons' static budget for 9,500 units of production includes $41,900 for direct materials,...
45. Miller and Sons' static budget for 9,500 units of production includes $41,900 for direct materials, $51,700 for direct labor, variable utilities of $6,000, and supervisor salaries of $16,400. A flexible budget for 12,800 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.direct materials of $56,455, direct labor of $69,659, utilities of $8,084, and supervisor salaries of $16,400 b.the same cost structure in total c.total variable costs of $116,000 d.direct...
Miller and Sons' static budget for 10,300 units of production includes $35,400 for direct materials, $52,400...
Miller and Sons' static budget for 10,300 units of production includes $35,400 for direct materials, $52,400 for direct labor, variable utilities of $6,900, and supervisor salaries of $15,700. A flexible budget for 14,000 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations, a. direct materials of $48,117, direct labor of $71,223, utilities of $9,379, and supervisor salaries of $15,700 Ob the same cost structure in total Octotal variable costs of $110,400...
department's static budget and actual results for 2019 follow: Production in units Direct materials Direct labor...
department's static budget and actual results for 2019 follow: Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing cost Static Budget 30,000 kits $ 234,000 204,000 45,000 483,000 214,000 $697,000 Actual Results 31,600 kits $ 283,880 208,580 51,100 543,560 209,800 $ 753,360 Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your answers in the tabs below. Required A Required B...
Question) Jase Manufacturing Co.'s static budget at 7,800 units of production includes $23,400 for direct labor...
Question) Jase Manufacturing Co.'s static budget at 7,800 units of production includes $23,400 for direct labor and $2,340 for electric power. Total fixed costs are $41,200. At 10,500 units of production, a flexible budget would show? A)variable and fixed costs totaling $66,940 B)variable costs of $34,650 and $41,200 of fixed costs C) variable costs of $34,650 and $55,462 of fixed costs D)variable costs of $25,740 and $41,200 of fixed costs
Jase Manufacturing Co.'s static budget at 7,600 units of production includes $22,800 for direct labor and...
Jase Manufacturing Co.'s static budget at 7,600 units of production includes $22,800 for direct labor and $2,280 for electric power. Total fixed costs are $37,400. At 10,400 units of production, a flexible budget would show Oa. variable and fixed costs totaling $62,480 Ob. variable costs of $34,320 and $51,179 of fixed costs Oc. variable costs of $25,080 and $37,400 Od. variable costs of $34,320 and $37,400 of fixed costs
Calculator Miller and Sons' static budget for 10,500 units of production includes $39,100 for direct materials, $51,300 for direct labor, variable utilities of $6,300, and supervisor salaries of $16,400. A flexible budget for 13,100 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a. direct materials of $48,782, direct labor of $64,003, utilities of $7,860, and supervisor salaries of $16,400 b. total variable costs of $113,100 c. the same cost structure...
Miller and Sons' static budget for 10,500 units of production includes $38,200 for direct materials, $52,300 for direct labor, variable utilities of $8,000, and supervisor salaries of $17,000. A flexible budget for 12,700 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. Oa. the same cost structure in total Ob. total variable costs of $115,500 Oc. direct materials of $46,204, direct labor of $63,258, utilities of $9,676, and supervisor salaries of...
Miller and Sons' static budget for 10,300 units of production includes $35,400 for direct materials, $52,400 for direct labor, variable utilities of $6,900, and supervisor salaries of $15,700. A flexible budget for 14,000 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations, a. direct materials of $48,117, direct labor of $71,223, utilities of $9,379, and supervisor salaries of $15,700 Ob the same cost structure in total Octotal variable costs of $110,400...
department's static budget and actual results for 2019 follow: Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing cost Static Budget 30,000 kits $ 234,000 204,000 45,000 483,000 214,000 $697,000 Actual Results 31,600 kits $ 283,880 208,580 51,100 543,560 209,800 $ 753,360 Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your answers in the tabs below. Required A Required B...
Jase Manufacturing Co.'s static budget at 7,600 units of production includes $22,800 for direct labor and $2,280 for electric power. Total fixed costs are $37,400. At 10,400 units of production, a flexible budget would show Oa. variable and fixed costs totaling $62,480 Ob. variable costs of $34,320 and $51,179 of fixed costs Oc. variable costs of $25,080 and $37,400 Od. variable costs of $34,320 and $37,400 of fixed costs
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