Homework Answers
Correct answer-------(B) $188,567
Working
| Budgeted production | 5480 | Units |
| Multiplied by Budgeted pounds per unit | 3.1 | Pounds |
| Budgeted pounds in total | 16988 | Pounds |
| Multiplies by budgeted cost per pound | $ 11.10 | |
| Budgeted cost of direct material | $ 188,567 |
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Name: 8 p Be Careful The following information is for direct material cost for X Company...
p Be Careful The following information is for direct material cost for X Company for 2018...
p Be Careful The following information is for direct material cost for X Company for 2018 Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production 2.2 $12.40 $12.70 4,510 units 5,000 units Assuming X Company used production as the activity measure, what was the direet material statie budget for 2018 1. AO S114,554 BO S123,033 CO $127,000 DO $136,400 EO S184,549 FO $263,400 8 pt...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit of product Actuil pounds per unit of product Budgeted enst per pound Actual cost per pound Budgsted production Actual production 2.5 $10.60 10.70 5,350 unite 6,360 unita s Conspany usnd production as the antivity measure, what was the direct material static budget for 20187 MOS14 BO 136.104 CO 814127 DO 108,540 EO $212,662 FO $304,644
8 pf Be Careful The following information is for direct labor cost for X Con pany...
8 pf Be Careful The following information is for direct labor cost for X Con pany for 2018: Budgeted labor hours per unit of product Actual labor hours per unit of product Budgeted hourly wage rate Actual hourly wage rate Budgeted production Actual production 2.4 2.1 $10.40 10.50 4,990 units 4,010 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 20 1. 88,420 B $10,00 CO$1100 DO S12450 O18826 FO $188.510...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and direct material cost of $20,07 Actual production in 2018 was 2,900 units of finished product, and actual direct material cost was $13,590. What was the direct material static budget for 2018? 1. AO $13,137 BO $13,590 CO $14,059 DO $19,401 EO $20,070 FO $22,077 At the start of 2018, X Company developed the following budgeted total cost function: $10.36X + $221,700, where number of...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost of $23,562 8 pt For 2018, X Company estimated production of 3.400 duction in 2018 was 2.900 units of finished product, and actual direct material cost was $13.960 Actual production in 2018 was 2,900 units of finish What was the direct material static budget for 2018? 51.907 BO $13,960 CO $16,367 DO $20,097 EO $23,062 FO $25.018 v Canan developed the following budgeted total...
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours...
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours per unit of product 2.5 Actual labor hours per unit of product 2.2 Budgeted hourly wage rate $10.80 Actual hourly wage rate $11.00 Budgeted production 4,340 units Actual production 4,980 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 2018? A: $73,164 B: $85,602 C: $100,154 D: $117,180 E: $137,101 F: $160,408 G: $187,677 H:...
Questions 1 and 2 refer to the following information: X Company is considering buying a part...
Questions 1 and 2 refer to the following information: X Company is considering buying a part in 2020 that it made in 2019. For 2020, the budgeted production cost function is $11.23X + $17,670, where X is the number of units produced. A company has offered to supply this part to X Company for $14.71 per unit. If X Company accepts the offer, it will still incur fixed costs of $9,188, and it will not be able to do anything...
Questions 1 and 2 refer to the following information: X Company is considering buying a part...
Questions 1 and 2 refer to the following information: X Company is considering buying a part in 2020 t Considering buying a part in 2020 that it made in 2019. For 2020, the budgeted production cost function is 39.63X + $20,400, where X is the number of units produced. A company has offered to supply this $12.86 per unit. If X Company accepts the offer, it will avoid fixed costs of $10,812, but it w amber of units produced. A...
Questions 3 and 4 refer to the following information: X Company is considering buying a part...
Questions 3 and 4 refer to the following information: X Company is considering buying a part in 2020 that it has been making for the past several years. A company has offered to supply this part for $15.85 per unit. Budgeted production in 2020 is 52,000 units, and budgeted per-unit production costs are: Materials $6.80 Direct labor (all variable] 4.30 Total overhead 4.20 Total $15.30 $72,800 of X Company's total overhead costs are fixed; 846,592 of the $72,800 are unavoidable...
Questions 3 and 4 refer to the following information: X Company is considering buying a part...
Questions 3 and 4 refer to the following information: X Company is considering buying a part in 2020 that it has been making for the past several years. A company has offered to supply this part for $16.56 per unit. Budgeted production in 2020 is 59,000 units, and budgeted per-unit production costs are: Materials S6.80 Direct labor all variable] 5.00 Total overhead 4.60 Total $16.40 $106,200 of X Company's total overhead costs are fixed; $77,526 of the $106,200 are unavoidable...
p Be Careful The following information is for direct material cost for X Company for 2018 Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production 2.2 $12.40 $12.70 4,510 units 5,000 units Assuming X Company used production as the activity measure, what was the direet material statie budget for 2018 1. AO S114,554 BO S123,033 CO $127,000 DO $136,400 EO S184,549 FO $263,400 8 pt...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit of product Actuil pounds per unit of product Budgeted enst per pound Actual cost per pound Budgsted production Actual production 2.5 $10.60 10.70 5,350 unite 6,360 unita s Conspany usnd production as the antivity measure, what was the direct material static budget for 20187 MOS14 BO 136.104 CO 814127 DO 108,540 EO $212,662 FO $304,644
8 pf Be Careful The following information is for direct labor cost for X Con pany for 2018: Budgeted labor hours per unit of product Actual labor hours per unit of product Budgeted hourly wage rate Actual hourly wage rate Budgeted production Actual production 2.4 2.1 $10.40 10.50 4,990 units 4,010 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 20 1. 88,420 B $10,00 CO$1100 DO S12450 O18826 FO $188.510...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and direct material cost of $20,07 Actual production in 2018 was 2,900 units of finished product, and actual direct material cost was $13,590. What was the direct material static budget for 2018? 1. AO $13,137 BO $13,590 CO $14,059 DO $19,401 EO $20,070 FO $22,077 At the start of 2018, X Company developed the following budgeted total cost function: $10.36X + $221,700, where number of...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost of $23,562 8 pt For 2018, X Company estimated production of 3.400 duction in 2018 was 2.900 units of finished product, and actual direct material cost was $13.960 Actual production in 2018 was 2,900 units of finish What was the direct material static budget for 2018? 51.907 BO $13,960 CO $16,367 DO $20,097 EO $23,062 FO $25.018 v Canan developed the following budgeted total...
Questions 1 and 2 refer to the following information: X Company is considering buying a part in 2020 that it made in 2019. For 2020, the budgeted production cost function is $11.23X + $17,670, where X is the number of units produced. A company has offered to supply this part to X Company for $14.71 per unit. If X Company accepts the offer, it will still incur fixed costs of $9,188, and it will not be able to do anything...
Questions 1 and 2 refer to the following information: X Company is considering buying a part in 2020 t Considering buying a part in 2020 that it made in 2019. For 2020, the budgeted production cost function is 39.63X + $20,400, where X is the number of units produced. A company has offered to supply this $12.86 per unit. If X Company accepts the offer, it will avoid fixed costs of $10,812, but it w amber of units produced. A...
Questions 3 and 4 refer to the following information: X Company is considering buying a part in 2020 that it has been making for the past several years. A company has offered to supply this part for $15.85 per unit. Budgeted production in 2020 is 52,000 units, and budgeted per-unit production costs are: Materials $6.80 Direct labor (all variable] 4.30 Total overhead 4.20 Total $15.30 $72,800 of X Company's total overhead costs are fixed; 846,592 of the $72,800 are unavoidable...
Questions 3 and 4 refer to the following information: X Company is considering buying a part in 2020 that it has been making for the past several years. A company has offered to supply this part for $16.56 per unit. Budgeted production in 2020 is 59,000 units, and budgeted per-unit production costs are: Materials S6.80 Direct labor all variable] 5.00 Total overhead 4.60 Total $16.40 $106,200 of X Company's total overhead costs are fixed; $77,526 of the $106,200 are unavoidable...
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