-
Allard Manufacturing Company established the following standard price and cost data. Sales price $ 870 Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 3.90 per $2,700 total $ 900 total Allard planned to produce and sell 2.900 units. Actual production and sales amounted to 3.200 units Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2.900 Units b....
-
Allard Manufacturing Company established the following standard price and cost data. Sales price Unit $ 8.50 pet $ 3.30 per $2,200 total $ 500 total Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost Init Allard planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget...
-
Solomon Manufacturing Company established the following standard
price and cost data.
Sales price
$
8.50
per unit
Variable manufacturing cost
$
3.80
per unit
Fixed manufacturing cost
$
2,500
total
Fixed selling and administrative cost
$
900
total
Solomon planned to produce and sell 2,500 units. Actual
production and sales amounted to 2,700 units.
Required
Prepare the pro forma income statement in contribution format
that would appear in a master budget.
Prepare the pro forma income statement in contribution format...
-
Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.50 per unit $ 3.90 per unit $2,900 total $1,000 total Campbell planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
-
Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $ 8.60 per unit $ 3.10 per unit $2,300 total $1,000 total Jordan planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
-
Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $ 8.60 per unit $ 3.10 per unit $2,300 total $1,000 total Jordan planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
-
Campbell Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.40 per unit $2,600 total $ 600 total Campbell planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. Assume that the actual sales price is $8.10 per unit and that the actual variable cost is $3.70 per unit. The actual fixed manufacturing cost is $2,400,...
-
↵
Perez Manufacturing Comp
any established the following standard price and cost data:
Sales price
$
8.20
per unit
Variable manufacturing cost
$
3.50
per unit
Fixed manufacturing cost
$
2,500
total
Fixed selling and administrative cost
$
600
total
Perez planned to produce and sell 2,600 units. Actual production
and sales amounted to 2,800 units.
Required
Determine the sales and variable cost volume variances.
Classify the variances as favorable (F) or unfavorable (U).
Determine the amount of fixed cost...
-
Cherokee Manufacturing Company established the following
standard price and cost data:
Sales price
$
12.00
per unit
Variable manufacturing cost
$
7.20
per unit
Fixed manufacturing cost
$
3,600
total
Fixed selling and administrative cost
$
1,200
total
Cherokee planned to produce and sell 2,000 units. Actual
production and sales amounted to 2,200 units.
Assume that the actual sales price is $11.76 per unit and that
the actual variable cost is $6.90 per unit. The actual fixed
manufacturing cost is...
-
Thornton Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.80 per unit $ 3.60 per unit $2,800 total 800 total Thornton planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). d. Determine the amount of fixed cost that...
Allard Manufacturing Company established the following standard price and cost data. Sales price $ 870 Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 3.90 per $2,700 total $ 900 total Allard planned to produce and sell 2.900 units. Actual production and sales amounted to 3.200 units Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget 2.900 Units b....
Allard Manufacturing Company established the following standard price and cost data. Sales price Unit $ 8.50 pet $ 3.30 per $2,200 total $ 500 total Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost Init Allard planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. ALLARD MANUFACTURING COMPANY Pro Forma Income Statement Master Budget...
Campbell Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.50 per unit $ 3.90 per unit $2,900 total $1,000 total Campbell planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $ 8.60 per unit $ 3.10 per unit $2,300 total $1,000 total Jordan planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $ 8.60 per unit $ 3.10 per unit $2,300 total $1,000 total Jordan planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Prepare the pro forma income statement in contribution format that would appear in a master budget. b. Prepare the pro forma income statement in contribution format...
Campbell Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.40 per unit $2,600 total $ 600 total Campbell planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. Assume that the actual sales price is $8.10 per unit and that the actual variable cost is $3.70 per unit. The actual fixed manufacturing cost is $2,400,...
↵
Perez Manufacturing Comp
any established the following standard price and cost data:
Sales price
$
8.20
per unit
Variable manufacturing cost
$
3.50
per unit
Fixed manufacturing cost
$
2,500
total
Fixed selling and administrative cost
$
600
total
Perez planned to produce and sell 2,600 units. Actual production
and sales amounted to 2,800 units.
Required
Determine the sales and variable cost volume variances.
Classify the variances as favorable (F) or unfavorable (U).
Determine the amount of fixed cost...
Thornton Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.80 per unit $ 3.60 per unit $2,800 total 800 total Thornton planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). d. Determine the amount of fixed cost that...