Oriole Company budgeted costs for 55000 linear feet of block are: Fixed manufacturing costs $24000 per...

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Question

Oriole Company budgeted costs for 55000 linear feet of block are: Fixed manufacturing costs $24000 per...

Oriole Company budgeted costs for 55000 linear feet of block are:

Fixed manufacturing costs	$24000 per month
Variable manufacturing costs	$16 per linear foot

Oriole installed 40000 linear feet of block during March. How much is budgeted total manufacturing costs in March?

$904000

$640000

$880000

$664000

business accounting

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Answer 1

Answer #1

Given,

Budgeted fixed manufacturing costs = $24,000

Budgeted variable manufacturing costs = $16 per linear foot

Actual linear feet installed during March = 40,000

==> Budgeted total manufacturing costs = (Actual linear feet installed x Budgeted variable manufacturing costs) + Budgeted fixed manufacturing costs

==> Budgeted total manufacturing costs = (40,000 x $16) + $24,000 = $640,000 + $24,000 = $664,000

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Answer 2

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