Homework Answers
The correct answer is :
| Production and Sales | 32,000 | Units |
| variable manufacturing cost | ||
| Direct Materials | 32,000 | |
| Direct Labor | 57,600 | |
| variable manufacturing overhead | 48,000 | |
| Fixed manufacturing cost | 160,000 | |
| Total manufacturing cost | 297,600 |
Note:
| Production and Sales | 26000 | Units | Per Unit ( Respective Cost / 26,000 Units) | For 32000 Units ( Per Unit * 32000 Units) |
| variable manufacturing cost | ||||
| Direct Materials | 26000 | 1 | 32000 | |
| Direct Labor | 46800 | 1.8 | 57600 | |
| variable manufacturing overhead | 39000 | 1.5 | 48000 | |
| Fixed manufacturing cost | 160000 | 160000 | ||
| Total manufacturing cost | 271800 | 297600 | ||
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Blossom, Inc. prepared the following master budget items for July: 26,000 units Production and sales Variable...
Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor,...
Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for variable overhead, and $46,440 for fixed overhead. Delaware Corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. What would Delaware's total costs be if it used a flexible budget for the period based on actual sales?
Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor,...
Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for variable overhead, and $46,440 for fixed overhead. Delaware Corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. What would Delaware's fixed overhead cost be if it used a flexible budget for the period based on actual sales?
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Delaware Corp. prepared a master budget that included $12,090 for direct materials, $28,300 for direct labor, $15,000 for variable overhead, and $39,200 for fixed overhead. Delaware Corp. planned to sell 4,030 units during the period, but actually sold 4,380 units. What would Delaware’s direct materials cost be if it used a flexible budget for the period based on actual sales? (Do not round intermediate calculation.) $13,140 $11,805 $70,545 $10,563
Delaware Corp. prepared a master budget that included $20,100 for direct materials, $28,500 for direct labor,...
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The following is a summarized master budget that Winnipeg Company prepared for January: Sales 9,000 units....
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create the initial documents for the master budget: • sales budget • production budget • direct...
create the initial documents for the master budget:
• sales budget
• production budget
• direct materials purchases budget
• direct labor budget
• overhead budget
• selling and administrative expense budget
• cash budget include a schedule of cash collections and
payments
• finished goods inventory calculation
Then, Create the following schedules, financial statements, and
calculations
A) Pro forma cost of goods manufactured
B) Pro forma Cost of goods sold- both financial and variable
cost basis
C) Pro forma...
Delaware Corp. prepared a master budget that included $20,100 for direct materials, $28,500 for direct labor, $18,090 for variable overhead, and $39,300 for fixed overhead. Delaware Corp. planned to sell 4,020 units during the period, but actually sold 4,350 units. What would Delaware's fixed overhead cost be if it used a flexible budget for the period based on actual sales? O $39,300 O $36,600 O $167,010 O $42,203
The following is a summarized master budget that Winnipeg Company prepared for January: Sales 9,000 units. Sales revenue $450,000. Less variable costs: Manufacturing $270,000, Selling and administrative $18,000 Total Variable Costs - $288,000. Contribution margin $162,000. Less fixed costs: Manufacturing $72,000, Selling and administrative $27,000 Total fixed costs: $99,000. Operating income $63,000. Actual results for January were as follows: Units produced and sold 8,500 units, Selling price per unit $55.00, Variable costs per unit: Manufacturing $32.00, Selling and administrative $1.50,...
create the initial documents for the master budget:
• sales budget
• production budget
• direct materials purchases budget
• direct labor budget
• overhead budget
• selling and administrative expense budget
• cash budget include a schedule of cash collections and
payments
• finished goods inventory calculation
Then, Create the following schedules, financial statements, and
calculations
A) Pro forma cost of goods manufactured
B) Pro forma Cost of goods sold- both financial and variable
cost basis
C) Pro forma...
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