Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for :, Standard quantities, standard prices, and standa
Statuary manufactures bust statues of famous historical figures. All statues are the
same size. Each unit requires the same amount of resources. The following information is from the static budget for :, Standard quantities, standard prices, and standard unit costs follow for direct materials and direct manufacturing labor
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Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for :, Standard quantities, standard prices, and standa
Question 3 - Flexible Budgets Management Control ost Variances, an Milan Statuary manufactures bust statues of...
Question 3 - Flexible Budgets Management Control ost Variances, an Milan Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The tollowing information is from the static budget for 2017 and sales 6,100 Total fixed costs 1,350 Standard quantities, s follow for direct materials and direct manufacturing labor: tandard prices, and standard unit costs tandard Quantity d Unit C 514 $30 per hour Direct materials 38 hours...
0 Data Table lices, and standard unit jes of famous histo mount of resource ata.) met...
0 Data Table lices, and standard unit jes of famous histo mount of resource ata.) met data.) Expected production and sales Expected selling price per unit Total fixed costs $ $ 7,000 units 680 1,400,000 me variance and fi Data Table Direct materials Direct manufacturing labor Standard Quantity 10 pounds 3.7 hours Standard Price 58 per pound $50 per hour Standard Unit Cost $80 $185 During 2017, actual number of units produced and sold was 4,800, at an average selling...
e Palermo Stary manufactures bust states of famous historical figures. All stats are the samese Each...
e Palermo Stary manufactures bust states of famous historical figures. All stats are the samese Each unt requires the same amount of resources. The following information is from the static budget for 2017: m (Click the loon to view the static budget data) Standard quantities, standard prices and standard unit cost follow for direct mananas and direct manufacturing labor Click the icon to view the data) Read the requirements Requirement 1. Calculate the sales volume variance and fexible-budget variance for...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $6.00 per pound $ 6.00 Direct labor—2.0 hours at $11.90 per hour 23.80 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 20.00 Total standard cost per unit $61.80 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($32.00 ÷ 2.0). It was computed from a master manufacturing overhead budget based on normal production of 10,400 direct labor hours...
P24.1A (LO 2, 3), AP Rogen Corporation manufactures a single product. The standard cost per unit...
P24.1A (LO 2, 3), AP Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials--1 pound plastic at $7.00 per pound Direct labor-1.6 hours at $12.00 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 19.20 12.00 4.00 $42.20 The predetermined manufacturing overhead rate is $10 per direct labor hour ($16.00 + 1.6). It was com- puted from a master manufacturing overhead budget based on normal...
Alya Company manufactures curtains. To complete a curtain, Alya requires the following input: Direct material standard...
Alya Company manufactures curtains. To complete a curtain, Alya requires the following input: Direct material standard 3.5 square yards at $ 0.50 per yard Direct labor standard hours at $ 4.00 per hour Budgeted fixed cost per quarter is $ 6,000.00 Budgeted selling price $ 11.25 During the second quarter the company budgeted to produce and sell 400 curtains. 0.5 Actual information for the second quarter is provided below: Number of curtains made and sold 380 Selling price $ 11.81...
1) Stefani Company has gathered the following information about its product. Direct materials: Each unit of...
1) Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.50 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.50 pounds. Materials cost $3 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer. Freight costs average $0.30 per pound. Direct labor. Each unit requires 1.70 hours of labor. Setup, cleanup, and downtime average 0.20 hours per unit. The average...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $6 per pound $ 6.00 Direct labor—0.50 hours at $11.95 per hour 5.98 Variable manufacturing overhead 3.00 Fixed manufacturing overhead 5.00 Total standard cost per unit $19.98 The predetermined manufacturing overhead rate is $16 per direct labor hour ($8.00 ÷ 0.50). It was computed from a master manufacturing overhead budget based on normal production of 2,600 direct labor hours...
Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard cost sheet prior to...
Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard cost sheet prior to October and actual results for October 2019 are as follows: Actual Fixed Costs October 2019 9,500 $ 551.000 50.00 $ 144,000 Budget Information Standard Price & Variable Costs per Unit Units Sales $ Variable costs Direct materials 5 pounds at $2.40 per pound - $ 12.00 Direct labor 0.5 hour at $14 per hour 7.00 Manufacturing overhead 2.00 Selling and administrative 5.00 Total variable...
please help!! mondlel uu Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard...
please help!!
mondlel uu Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard cost sheet prior to October and actual results for October 2019 are as follows Budget Information Standard Price Actual & Variable Costs Fixed Results per Unit Costs October 2019 Units 9.500 105% Sales x 1.08 50.00 11.09 $ 551,000 Variable costs: 1.05 X Direct materials 5 pounds at $2.40 per pound $ 12.00 V $ 144,000 . Direct labor 2.05 0.5 hour at $14...
Question 3 - Flexible Budgets Management Control ost Variances, an Milan Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The tollowing information is from the static budget for 2017 and sales 6,100 Total fixed costs 1,350 Standard quantities, s follow for direct materials and direct manufacturing labor: tandard prices, and standard unit costs tandard Quantity d Unit C 514 $30 per hour Direct materials 38 hours...
0 Data Table lices, and standard unit jes of famous histo mount of resource ata.) met data.) Expected production and sales Expected selling price per unit Total fixed costs $ $ 7,000 units 680 1,400,000 me variance and fi Data Table Direct materials Direct manufacturing labor Standard Quantity 10 pounds 3.7 hours Standard Price 58 per pound $50 per hour Standard Unit Cost $80 $185 During 2017, actual number of units produced and sold was 4,800, at an average selling...
e Palermo Stary manufactures bust states of famous historical figures. All stats are the samese Each unt requires the same amount of resources. The following information is from the static budget for 2017: m (Click the loon to view the static budget data) Standard quantities, standard prices and standard unit cost follow for direct mananas and direct manufacturing labor Click the icon to view the data) Read the requirements Requirement 1. Calculate the sales volume variance and fexible-budget variance for...
P24.1A (LO 2, 3), AP Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials--1 pound plastic at $7.00 per pound Direct labor-1.6 hours at $12.00 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 19.20 12.00 4.00 $42.20 The predetermined manufacturing overhead rate is $10 per direct labor hour ($16.00 + 1.6). It was com- puted from a master manufacturing overhead budget based on normal...
Alya Company manufactures curtains. To complete a curtain, Alya requires the following input: Direct material standard 3.5 square yards at $ 0.50 per yard Direct labor standard hours at $ 4.00 per hour Budgeted fixed cost per quarter is $ 6,000.00 Budgeted selling price $ 11.25 During the second quarter the company budgeted to produce and sell 400 curtains. 0.5 Actual information for the second quarter is provided below: Number of curtains made and sold 380 Selling price $ 11.81...
Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard cost sheet prior to October and actual results for October 2019 are as follows: Actual Fixed Costs October 2019 9,500 $ 551.000 50.00 $ 144,000 Budget Information Standard Price & Variable Costs per Unit Units Sales $ Variable costs Direct materials 5 pounds at $2.40 per pound - $ 12.00 Direct labor 0.5 hour at $14 per hour 7.00 Manufacturing overhead 2.00 Selling and administrative 5.00 Total variable...
please help!!
mondlel uu Exercise 4) Mighty Marketer manufactures boxes for marketing workstations. The firm's standard cost sheet prior to October and actual results for October 2019 are as follows Budget Information Standard Price Actual & Variable Costs Fixed Results per Unit Costs October 2019 Units 9.500 105% Sales x 1.08 50.00 11.09 $ 551,000 Variable costs: 1.05 X Direct materials 5 pounds at $2.40 per pound $ 12.00 V $ 144,000 . Direct labor 2.05 0.5 hour at $14...
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