Homework Answers
| Direct material [11000*900/1000] | 9900 |
| Direct labor [8500*900/1000] | 7650 |
| variable overhead [6000*900/1000] | 5400 |
| Factory depreciation | 4000 |
| Factory supervisory salaries | 9800 |
| other fixed factory cost | 1500 |
| Total | 38250 |
**variable cost varies with level of sales whereas fixed cost remain constant irrespective of volume.
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5 Interlibrary Loan Clicker Question Preparation Guide: Ch. 10 Clicker questions will be a skedn d...
Clicker Question Preparation Guide: Ch. 10 Clicker questions will be asked in class based on your completion of th...
Clicker Question Preparation Guide: Ch. 10 Clicker questions will be asked in class based on your completion of this preparation quide. Example in class question: "Question 1) What are the total manufacturing costs when 900 units are produced? You will not have time to complete this guide in class! 1. Cyber Construction's manufacturing costs for August when production was 1,000 units appear below: Direct Materials $11,000 Direct Labor $8,500 Variable Overhead $6,000 Factory Depreciation $4,000 Factory Supervisory Salaries $9,800 Other...
1. Cyber Construction's manufacturing costs for August when production was 1,000 units appear below: Direct Materials...
1. Cyber Construction's manufacturing costs for August when production was 1,000 units appear below: Direct Materials Direct Labor Variable Overhead Factory Depreciation Factory Supervisory Salaries Other Fixed Factory Costs $11,000 $8,500 $6,000 4,000 $9,800 $1,500 Compute the flexible budget manufacturing cost amount for a month when 900 units are produced Direct Materials Direct Labor Variable Overhead Factory Depreciation Factory Supervisory Salarie:s Other Fixed Factory Costs Total
Clicker Question Preparation Guide: Ch. 3 and Ch. 4 Clicker questions will be asked in class...
Clicker Question Preparation Guide: Ch. 3 and Ch. 4 Clicker questions will be asked in class based on your completion of this preparation guide. You will not have time to complete this guide in class! Part 1: Write the journal entry and answer the accounting equation question for each: 1) What is the journal entry a company records for receiving $5,000 cash in advance for services which will be performed and completed next month? Debit Credit Impact to the equation:...
Exercise 9-11 (Video) Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist...
Exercise 9-11 (Video)
Atlanta Company is preparing its manufacturing overhead budget for
2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,700, 12,500, 14,800,
16,800.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect
materials $0.70; indirect labor $1.20; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,290;
depreciation $18,530; and maintenance $13,420.
Prepare the manufacturing overhead budget for the year, showing
quarterly data. (Round overhead rate...
Exercise 22-11 Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of...
Exercise 22-11
Atlanta Company is preparing its manufacturing overhead budget
for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,100, 12,100, 14,100,
16,100.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect
materials $0.70; indirect labor $1.20; and maintenance $0.50.
Fixed overhead costs per quarter: supervisory salaries $36,000;
depreciation $17,000; and maintenance $13,000.
Prepare the manufacturing overhead budget for the year, showing
quarterly data. (Round overhead rate to...
Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following....
Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,100, 12, 100, 14,200, 16,700. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: supervisory salaries $38,890; depreciation $19,570; and maintenance $13,090. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2...
A Print Question 4 Not yet answered Marked out of 2.00 Flag question Juoddns Preparation of...
A Print Question 4 Not yet answered Marked out of 2.00 Flag question Juoddns Preparation of Individual Budgets During the first calendar quarter of 2016, Clinton Corporation is planning to manufacture a new product and introduce it in two regions. Market research indicates that sales will be 5,000 units in the urban region at a unit price of $53 and 4,000 units in the rural region at $48 each. Because the sales manager expects the product to catch on, he...
Your answer is partially correct. Try again. Atlanta Company is preparing its manufacturing overhead budget for...
Your answer is partially correct. Try again. Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,700, 12,600, 14,900,16,100. Direct labor: Time is 1.6 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; Indirect labor $1.30; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $37,620; depreciation $18,220; and maintenance $13,150. dy. Prepare the manufacturing overhead budget for the year, showing quarterly...
Ayayal Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the Tollowing....
Ayayal Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the Tollowing. Units to be produced (by quarters): 10.100, 12, 100, 14,100,16,100. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.20; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $36,000; depreciation $17,000; and maintenance $13,000. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal...
Expected manufacturing costs for Crown Point Data Devices are as follows: Variable Costs Fixed Costs per Month Dir...
Expected manufacturing costs for Crown Point Data Devices are as
follows:
Variable Costs
Fixed Costs per Month
Direct material
$5.00/unit
Supervisory salaries
$16,000
Direct labor
3.00/unit
Factory depreciation
10,700
Variable overhead
1.30/unit
Other factory costs
3,250
Estimate manufacturing costs for production levels of 13,000 units,
15,500 units, and 19,000 units per month.
13,000 units
15,500 units
19,000 units
Manufacturing costs
$
$
$
Clicker Question Preparation Guide: Ch. 10 Clicker questions will be asked in class based on your completion of this preparation quide. Example in class question: "Question 1) What are the total manufacturing costs when 900 units are produced? You will not have time to complete this guide in class! 1. Cyber Construction's manufacturing costs for August when production was 1,000 units appear below: Direct Materials $11,000 Direct Labor $8,500 Variable Overhead $6,000 Factory Depreciation $4,000 Factory Supervisory Salaries $9,800 Other...
1. Cyber Construction's manufacturing costs for August when production was 1,000 units appear below: Direct Materials Direct Labor Variable Overhead Factory Depreciation Factory Supervisory Salaries Other Fixed Factory Costs $11,000 $8,500 $6,000 4,000 $9,800 $1,500 Compute the flexible budget manufacturing cost amount for a month when 900 units are produced Direct Materials Direct Labor Variable Overhead Factory Depreciation Factory Supervisory Salarie:s Other Fixed Factory Costs Total
Clicker Question Preparation Guide: Ch. 3 and Ch. 4 Clicker questions will be asked in class based on your completion of this preparation guide. You will not have time to complete this guide in class! Part 1: Write the journal entry and answer the accounting equation question for each: 1) What is the journal entry a company records for receiving $5,000 cash in advance for services which will be performed and completed next month? Debit Credit Impact to the equation:...
Exercise 9-11 (Video)
Atlanta Company is preparing its manufacturing overhead budget for
2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,700, 12,500, 14,800,
16,800.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect
materials $0.70; indirect labor $1.20; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,290;
depreciation $18,530; and maintenance $13,420.
Prepare the manufacturing overhead budget for the year, showing
quarterly data. (Round overhead rate...
Exercise 22-11
Atlanta Company is preparing its manufacturing overhead budget
for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,100, 12,100, 14,100,
16,100.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect
materials $0.70; indirect labor $1.20; and maintenance $0.50.
Fixed overhead costs per quarter: supervisory salaries $36,000;
depreciation $17,000; and maintenance $13,000.
Prepare the manufacturing overhead budget for the year, showing
quarterly data. (Round overhead rate to...
Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,100, 12, 100, 14,200, 16,700. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: supervisory salaries $38,890; depreciation $19,570; and maintenance $13,090. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2...
A Print Question 4 Not yet answered Marked out of 2.00 Flag question Juoddns Preparation of Individual Budgets During the first calendar quarter of 2016, Clinton Corporation is planning to manufacture a new product and introduce it in two regions. Market research indicates that sales will be 5,000 units in the urban region at a unit price of $53 and 4,000 units in the rural region at $48 each. Because the sales manager expects the product to catch on, he...
Your answer is partially correct. Try again. Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,700, 12,600, 14,900,16,100. Direct labor: Time is 1.6 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; Indirect labor $1.30; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $37,620; depreciation $18,220; and maintenance $13,150. dy. Prepare the manufacturing overhead budget for the year, showing quarterly...
Ayayal Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the Tollowing. Units to be produced (by quarters): 10.100, 12, 100, 14,100,16,100. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.20; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $36,000; depreciation $17,000; and maintenance $13,000. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal...
Expected manufacturing costs for Crown Point Data Devices are as
follows:
Variable Costs
Fixed Costs per Month
Direct material
$5.00/unit
Supervisory salaries
$16,000
Direct labor
3.00/unit
Factory depreciation
10,700
Variable overhead
1.30/unit
Other factory costs
3,250
Estimate manufacturing costs for production levels of 13,000 units,
15,500 units, and 19,000 units per month.
13,000 units
15,500 units
19,000 units
Manufacturing costs
$
$
$
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