1Homework Answers
| 13000 | 23000 | 33000 | |
| Total variable cost | (11.75*13000)=$152750 | (11.75*23000)=$270250 | (11.75*33000)=$387750 |
NOTE:Total fixed costs and variable cost per unit do not change with change in units
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The following variable production costs apply to goods made by Baird Manufacturing Corporation: Item Materials...
The following variable production costs apply to goods made by Franklin Manufacturing Corporation: Item Cost per...
The following variable production costs apply to goods made by Franklin Manufacturing Corporation: Item Cost per unit $5.00 4.ee Materials Labor Variable overhead Total 0.75 $9.75 Required Determine the total variable production cost, assuming that Franklin makes 11,000, 21,000, or 31,000 units. 11,000 21,000 31,000 Units Produced Total variable cost
The following variable production costs apply to goods made by Raeburn Manufacturing Corporation: Item Cost per...
The following variable production costs apply to goods made by Raeburn Manufacturing Corporation: Item Cost per unit $ 6.00 Materials Labor 7.50 Variable overhead 0.75 $14.25 Total Required: Determine the total variable production cost, assuming that Raeburn makes 14,000, 24,000, or 34,000 units. 34,000 Units Produced 14,000 24,000 Total variable cost
Exercise 2-4A Determining total variable cost LO 2-1 The following variable production costs apply to goods...
Exercise 2-4A Determining total variable cost LO 2-1 The following variable production costs apply to goods made by Vernon Manufacturing Corporation: Item Materials Labor Variable overhead Cost per unit $11.00 6.50 0.75 Total $18.25 Required Determine the total variable production cost, assuming that Vernon makes 6,000, 16,000, or 26,000 units. 6,000 16,000 26,000 Units Produced Total variable cost
Exercise 11-4 Determining total variable cost LO 11-1 The following variable production costs apply to goods...
Exercise 11-4 Determining total variable cost LO 11-1 The following variable production costs apply to goods made by Campbell Manufacturing Corporation: Item Materials Labor Variable overhead Total Cost per unit $11.00 7.50 $18.75 Required Determine the total variable production cost, assuming that Campbell makes 6,000, 16,000, or 26,000 units. 6,000 10,000 26,000 Units Produced Total variable cost < Prev 3 of 9 !!! Next >
The following variable production costs apply to goods made by Solomon Manufacturing Corporation: Cost per unit...
The following variable production costs apply to goods made by Solomon Manufacturing Corporation: Cost per unit $9.00 6.50 Item Materials Labor Variable overhead 0.75 $16.25 Total Required Determine the total variable production cost, assuming that Solomon makes 14,000, 24,000, or 34,000 units. Units Produced 14,000 24,000 34,000 Total variable cost Adams Company's cost and production data for two recent months included the following: April 500 March Production (units) 200 $1,800 $1,800 $1,750 Rent Utilities 700 Required a. Separately calculate the...
Baird Publications established the following standard price and costs for a hardcover picture book that the...
Baird Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs Sales price $ 36.20 Materials cost 8.10 Labor cost 3.90 Overhead cost 5.60 Selling, general, and administrative costs 6.20 Planned fixed costs Manufacturing overhead $ 133,000 Selling, general, and administrative 45,000 Baird planned to make and sell 24,000 copies of the book. Required: a. - d. Prepare the pro forma income statement that would appear in the...
how to solve 5678？ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling...
how to solve 5678？
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
Baird Corporation incurs the following annual fixed costs: 2 Item Cost $61,000 120,000 Depreciation Officers' salaries...
Baird Corporation incurs the following annual fixed costs: 2 Item Cost $61,000 120,000 Depreciation Officers' salaries Long-term lease Property taxes 60,000 ৪, ০০০ 00:50:09 Required Determine the total fixed cost per unit of production, assuming that Baird produces 5,000, 5,500, or 6,000 units. (Round your answers to 2 decimal places.) Units Produced 5,500 5,000 6,000 Fixed cost per unit
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.00 $3.90 $1.40 $13,200 $1.80 $0.80 $ 6,600 If 5,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to: Multiple Choice O $25,300 O $20,900 $13,200 o $7,700
Baird Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager....
Baird Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department's static budget and actual results for 2019 follow Actual Statio Results Budget 23,000 kits $144,900 Production in units 24,000 kitS $189, 600 121, 500 3৪, ৭০০ 349, 500 202,000 Direct materials 121,900 Direct labor 34,500 301,300 207,000 Variable manufacturing overhead Total variable coats Fixed manufacturing overhead $508,300 $551,500 Total manufacturing coat Required a. Convert the static budget into a flexible budget....
The following variable production costs apply to goods made by Franklin Manufacturing Corporation: Item Cost per unit $5.00 4.ee Materials Labor Variable overhead Total 0.75 $9.75 Required Determine the total variable production cost, assuming that Franklin makes 11,000, 21,000, or 31,000 units. 11,000 21,000 31,000 Units Produced Total variable cost
The following variable production costs apply to goods made by Raeburn Manufacturing Corporation: Item Cost per unit $ 6.00 Materials Labor 7.50 Variable overhead 0.75 $14.25 Total Required: Determine the total variable production cost, assuming that Raeburn makes 14,000, 24,000, or 34,000 units. 34,000 Units Produced 14,000 24,000 Total variable cost
Exercise 2-4A Determining total variable cost LO 2-1 The following variable production costs apply to goods made by Vernon Manufacturing Corporation: Item Materials Labor Variable overhead Cost per unit $11.00 6.50 0.75 Total $18.25 Required Determine the total variable production cost, assuming that Vernon makes 6,000, 16,000, or 26,000 units. 6,000 16,000 26,000 Units Produced Total variable cost
Exercise 11-4 Determining total variable cost LO 11-1 The following variable production costs apply to goods made by Campbell Manufacturing Corporation: Item Materials Labor Variable overhead Total Cost per unit $11.00 7.50 $18.75 Required Determine the total variable production cost, assuming that Campbell makes 6,000, 16,000, or 26,000 units. 6,000 10,000 26,000 Units Produced Total variable cost < Prev 3 of 9 !!! Next >
The following variable production costs apply to goods made by Solomon Manufacturing Corporation: Cost per unit $9.00 6.50 Item Materials Labor Variable overhead 0.75 $16.25 Total Required Determine the total variable production cost, assuming that Solomon makes 14,000, 24,000, or 34,000 units. Units Produced 14,000 24,000 34,000 Total variable cost Adams Company's cost and production data for two recent months included the following: April 500 March Production (units) 200 $1,800 $1,800 $1,750 Rent Utilities 700 Required a. Separately calculate the...
how to solve 5678？
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
Baird Corporation incurs the following annual fixed costs: 2 Item Cost $61,000 120,000 Depreciation Officers' salaries Long-term lease Property taxes 60,000 ৪, ০০০ 00:50:09 Required Determine the total fixed cost per unit of production, assuming that Baird produces 5,000, 5,500, or 6,000 units. (Round your answers to 2 decimal places.) Units Produced 5,500 5,000 6,000 Fixed cost per unit
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.00 $3.90 $1.40 $13,200 $1.80 $0.80 $ 6,600 If 5,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to: Multiple Choice O $25,300 O $20,900 $13,200 o $7,700
Baird Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department's static budget and actual results for 2019 follow Actual Statio Results Budget 23,000 kits $144,900 Production in units 24,000 kitS $189, 600 121, 500 3৪, ৭০০ 349, 500 202,000 Direct materials 121,900 Direct labor 34,500 301,300 207,000 Variable manufacturing overhead Total variable coats Fixed manufacturing overhead $508,300 $551,500 Total manufacturing coat Required a. Convert the static budget into a flexible budget....
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