A department has budgeted monthly manufacturing overhead cost of $450000 plus $3 per direct labor hour....
A department has budgeted monthly manufacturing overhead cost of $450000 plus $3 per direct labor hour. If a flexible budget report reflects $1044000 for total budgeted manufacturing cost for the month, the actual level of activity achieved during the month was
Homework Answers
|
Calculation of Level of activity achieved |
||
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Total Budgeted manufacturing cost |
$1,044,000 |
|
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Less: Fixed overhead costs (Constant irrespective of activity (Period costs)) |
($450,000) |
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Balance variable costs (A) |
$594,000 |
|
|
Rate per direct labour hour (B) |
$3 |
|
|
No of direct labour hours Achieved (C=A/B) (594,000/$3) |
198,000 hours |
|
|
Ans |
198,000 Hours |
|
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A department has budgeted monthly manufacturing overhead cost of
$450000 plus $3 per direct labor hour....
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can
someone help me with 7 please
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Thank you! Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and its budgeted fi...
Thank you!
Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and its budgeted fixed manufacturing overhead is $300,000 per year. The company manufactures a single product whose standard direct labor-hours per unit is 2.0 hours. The standard direct labor wage rate is $20 per hour. The standards also allow 3 feet of raw material per unit at a standard cost of $4 per foot. Although normal activity is 40,000 direct labor-hours each year, the company expects to...
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Morton Company's budgeted variable manufacturing overhead is $2.00 per direct labor-hour and its ...
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Morton Company’s budgeted variable manufacturing overhead is $2.50 per direct labor-hour and its ...
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The company manufactures a single product whose standard direct
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material per unit at a standard cost of $7 per foot.
Although normal activity is 60,000 direct labor-hours each year,
the company expects to operate at...
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
Myers Company uses a flexible budget for manufacturing overhead
based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows.
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budget for manufacturing overhead based on direct labor hours.
Variable manufacturing overhead costs per direct labor hour are as
follows.
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can
someone help me with 7 please
planned results Company's external financial statements ly done orally in departmental meetings appears on periodic budget reports. 6 If costs are not responsive to changes in activity level, then these costs can be best described as mixed b. flexible. c. variable. d. fixed. A department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour. If a flexible budget report reflects $1,044,000 for total budgeted manufacturing Eost for the...
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Morton Company's budgeted variable manufacturing overhead is
$3.00 per direct labor-hour and it's budgeted fixed manufacturing
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Thank you!
Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and its budgeted fixed manufacturing overhead is $300,000 per year. The company manufactures a single product whose standard direct labor-hours per unit is 2.0 hours. The standard direct labor wage rate is $20 per hour. The standards also allow 3 feet of raw material per unit at a standard cost of $4 per foot. Although normal activity is 40,000 direct labor-hours each year, the company expects to...
Morton Company's budgeted variable manufacturing overhead is $2.00 per direct labor-hour and its budgeted fixed manufacturing overhead is $340,000 per year. The company manufactures a single product whose standard direct labor-hours per unit is 3.5 hours. The standard direct labor wage rate is $10 per hour. The standards also allow 5 feet of raw material per unit at a standard cost of $5 per foot. Although normal activity is 68,000 direct labor-hours each year, the company expects to operate at...
Morton Company’s budgeted variable manufacturing overhead is
$2.50 per direct labor-hour and its budgeted fixed manufacturing
overhead is $180,000 per year.
The company manufactures a single product whose standard direct
labor-hours per unit is 2.5 hours. The standard direct labor wage
rate is $10 per hour. The standards also allow 3 feet of raw
material per unit at a standard cost of $7 per foot.
Although normal activity is 60,000 direct labor-hours each year,
the company expects to operate at...
Myers Company uses a flexible budget for manufacturing overhead
based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows.
Myers Company uses a flexible
budget for manufacturing overhead based on direct labor hours.
Variable manufacturing overhead costs per direct labor hour are as
follows.
$1.40 Indirect labor Indirect materials 0.60 Utilities 0.40 8,200 13,300 direct labor hours Fixed overhead costs per month are Supervision $3,900, Depreciation $1,700, and Property Taxes $600. The company believes...
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