Kindly help me to solve this and show me full working. Godzilla, Inc. expects to manufacture...
Kindly help me to solve this and show me full working.
Godzilla, Inc. expects to manufacture 1,000 mini homes in 2020 to meet the housing demand in City X. Monthly production is expected to range from 60 at the low end to 100 units at the high end. Additional budget information is as follows:
- Direct materials per unit (variable cost) - $50,000
- Direct labor per unit (variable cost) - $30,000
- Manufacturing overhead per unit (variable) - $10,000
- Depreciation (fixed cost) - $520,000
Prepare a monthly flexible manufacturing budget for the relevant range, using 20 unit increments.
Homework Answers
Flexible budget Budget
| No of units manufactured | 60 | 80 | 100 |
| Variable cost | |||
| Direct material | 3000000 | 4000000 | 5000000 |
| Direct labor | 1800000 | 2400000 | 3000000 |
| Manufacturing overhead | 600000 | 800000 | 1000000 |
| Total Variable cost | 5400000 | 7200000 | 9000000 |
| fixed cost | |||
| Depreciation | 520000 | 520000 | 520000 |
| Total Fixed cost | 520000 | 520000 | 520000 |
| Total Cost | 5920000 | 7720000 | 9520000 |
Add Answer to:
Kindly help me to solve this and show me full
working.
Godzilla, Inc. expects to manufacture...
Gundy Company expects to produce 1,207,200 units of Product XX in 2020. Monthly production is expected...
Gundy Company expects to produce 1,207,200 units of Product XX in 2020. Monthly production is expected to range from 76,000 to 118,000 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1 Prepare a flexible manufacturing budget for the relevant range value using 21,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73...
Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 118,800 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 22,600 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,222,800 units of Product XX in 2020. Monthly production is expected to range from 78,...
Gundy Company expects to produce 1,222,800 units of Product XX
in 2020. Monthly production is expected to range from 78,000 to
114,000 units. Budgeted variable manufacturing costs per unit are
direct materials $5, direct labor $6, and overhead $9. Budgeted
fixed manufacturing costs per unit for depreciation are $6 and for
supervision are $3.
Prepare a flexible manufacturing budget for the relevant range
value using 18,000 unit increments. (List variable
costs before fixed costs.)
GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,238,400 units of Product XX in 2020. Monthly production is expected...
Gundy Company expects to produce 1,238,400 units of Product XX in 2020. Monthly production is expected to range from 70,000 to 110,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $9.Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 20,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget For...
Brief Exercise 10-4 Gundy Company expects to produce 1,251,600 units of Product XX in 2020. Monthly...
Brief Exercise 10-4 Gundy Company expects to produce 1,251,600 units of Product XX in 2020. Monthly production is expected to range from 79,000 to 117,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 19,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly...
M9-5 (Algo) Preparing a Flexible Budget [LO 9-2] Evanson Company expects to produce 520,000 units of...
M9-5 (Algo) Preparing a Flexible Budget [LO 9-2] Evanson Company expects to produce 520,000 units of their product during the year. Monthly production is expected to range from 40,000 to 80,000 units. The company has budgeted manufacturing costs per unit to be as follows: $ 9 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Prepare a flexible manufacturing budget using 20,000 unit increments. -nces 80,000 Evanson Company Monthly Flexible Manufacturing Budget Activity level Finished units 20,000 40,000 Variable...
Gundy Company expects to produce 1,238,400 units of Product XX in 2020. Monthly production is expected...
Gundy Company expects to produce 1,238,400 units of Product XX in 2020. Monthly production is expected to range from 70,000 to 110,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 20,000 unit increments. (List variable costs before fixed costs.)
Bridgeport Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected...
Bridgeport Company expects to produce 1,299,600 units of Product
XX in 2017. Monthly production is expected to range from 76,300 to
124,900 units. Budgeted variable manufacturing costs per unit are
direct materials $3, direct labor $7, and overhead $10. Budgeted
fixed manufacturing costs per unit for depreciation are $4 and for
supervision are $2.
Prepare a flexible manufacturing budget for the relevant range
value using 24,300 unit increments. (List variable
costs before fixed costs.)
Question 2 View Policies Current Attempt in Progress Gundy Company expects to produce 1.272,000 units of...
Question 2 View Policies Current Attempt in Progress Gundy Company expects to produce 1.272,000 units of Product XX in 2020. Monthly production is expected to range from 85,000 to 129.000 units. Budgeted variable manufacturing costs per unitare direct materials $3, direct labor $6, and overhead 59. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $1 Prepare a flexible manufacturing budget for the relevant range value using 22,000 unit increments. (List variable costs before fixed...
Gundy Company expects to produce 1,292,400 units of Product XX in 2020. Monthly production is expected...
Gundy Company expects to produce 1,292,400 units of Product XX in 2020. Monthly production is expected to range from 70,000 to 110,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. Prepare a flexible manufacturing budget for the relevant range value using 20,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,207,200 units of Product XX in 2020. Monthly production is expected to range from 76,000 to 118,000 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1 Prepare a flexible manufacturing budget for the relevant range value using 21,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 118,800 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 22,600 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,222,800 units of Product XX
in 2020. Monthly production is expected to range from 78,000 to
114,000 units. Budgeted variable manufacturing costs per unit are
direct materials $5, direct labor $6, and overhead $9. Budgeted
fixed manufacturing costs per unit for depreciation are $6 and for
supervision are $3.
Prepare a flexible manufacturing budget for the relevant range
value using 18,000 unit increments. (List variable
costs before fixed costs.)
GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Gundy Company expects to produce 1,238,400 units of Product XX in 2020. Monthly production is expected to range from 70,000 to 110,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $9.Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 20,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget For...
Brief Exercise 10-4 Gundy Company expects to produce 1,251,600 units of Product XX in 2020. Monthly production is expected to range from 79,000 to 117,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 19,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly...
M9-5 (Algo) Preparing a Flexible Budget [LO 9-2] Evanson Company expects to produce 520,000 units of their product during the year. Monthly production is expected to range from 40,000 to 80,000 units. The company has budgeted manufacturing costs per unit to be as follows: $ 9 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Prepare a flexible manufacturing budget using 20,000 unit increments. -nces 80,000 Evanson Company Monthly Flexible Manufacturing Budget Activity level Finished units 20,000 40,000 Variable...
Bridgeport Company expects to produce 1,299,600 units of Product
XX in 2017. Monthly production is expected to range from 76,300 to
124,900 units. Budgeted variable manufacturing costs per unit are
direct materials $3, direct labor $7, and overhead $10. Budgeted
fixed manufacturing costs per unit for depreciation are $4 and for
supervision are $2.
Prepare a flexible manufacturing budget for the relevant range
value using 24,300 unit increments. (List variable
costs before fixed costs.)
Question 2 View Policies Current Attempt in Progress Gundy Company expects to produce 1.272,000 units of Product XX in 2020. Monthly production is expected to range from 85,000 to 129.000 units. Budgeted variable manufacturing costs per unitare direct materials $3, direct labor $6, and overhead 59. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $1 Prepare a flexible manufacturing budget for the relevant range value using 22,000 unit increments. (List variable costs before fixed...
Gundy Company expects to produce 1,292,400 units of Product XX in 2020. Monthly production is expected to range from 70,000 to 110,000 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. Prepare a flexible manufacturing budget for the relevant range value using 20,000 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget...
Most questions answered within 3 hours.
-
Suppose that Alicia has $30,000 in invested as follows: $10,000
in TJX Cos., $15,000 in Macy’s,...
asked 3 minutes ago -
Volunteer Pharmaceuticals (VP) wants to set aside money in the
R&D fund to seek supplemental drug...
asked 3 minutes ago -
What is precedent?
an order by the court.
the power of a court to overrule a...
asked 9 minutes ago -
Classify the tonicity of a solution made by dissolving 12mg of
sodium chloride in 1.0mL of...
asked 15 minutes ago -
Consider the equilibrium reaction: 2A (aq) + 3B (aq) <-->
C (aq) (in my notation <-->...
asked 16 minutes ago -
A recent poll found that 21% of a random sample of 1200 people
lost jobs due...
asked 22 minutes ago -
Indicate whether aqueous solutions of the following substances
contain ions. If so, write formulas for the...
asked 18 minutes ago -
Include at least one psychology theory, model or concept
discussed in Chapter 1, 2 or the...
asked 28 minutes ago -
Need help in drawing out a map pathway of pentose phosphate
pathway and pyruvate dehydrogenase/citric acid...
asked 35 minutes ago -
Question 1
At the end of Year 6,
South Co.'s tax department estimates that they will...
asked 37 minutes ago -
Use standard enthalpies of formation to determine
ΔHorxn for:
1. 3NO2(g) + H2O(l) → 2HNO3(aq)
+...
asked 41 minutes ago -
Abigail Adams was hired as an associate professor of economics
at Heartland University. She was the...
asked 43 minutes ago