5.For each of the following independent situations, fill in the missing data. In all cases, the standard fixedcost per unit is based on normal capacity of 20,000 units.A.BC.DStandard FixedCost per UnitP.Total BudgetedFixed CostsP--P_-P 40,000P140,000Actual ProductionVolume Variance21,000P10,000 FP 9,000 UP.23P.18,0004P.P14,000 F

Name: 5.For each of the following independent situations, fill in the missi
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: 5.For each of the following independent situations, fill in the missing data. In all cases, the standard fixedcost per unit is based on normal capacity of 20,000 units.A.BC.DStandard FixedCost per UnitP.Total BudgetedFixed CostsP--P_-P 40,000P140,00

Variance refers to those deviation which is used to determine the difference between the actual…

Business

Accounting

5. For each of the following independent situations, fill in the missing data. In all cases, the standard fixed cost per unit is based on normal capacity of 20,000 units. А. Standard Fixed Cost per Unit P_----- P 3 P_---- P. B. Total Budgeted Fixed Costs P-- C. D. Actual Production Volume Variance P10,000 F P 9,000 U P_-----. P14,000 F 1. 21,000 2. 3. P 40,000 P140,000 18,000 4.

5. For each of the following independent situations, fill in the missing data. In all cases, the standard fixed cost per unit is based on normal capacity of 20,000 units. А. Standard Fixed Cost per Unit P_----- P 3 P_---- P. B. Total Budgeted Fixed Costs P-- C. D. Actual Production Volume Variance P10,000 F P 9,000 U P_-----. P14,000 F 1. 21,000 2. 3. P 40,000 P140,000 18,000 4.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Total Material cost is 500000 OMR Fixed cost is 0. Calculate Total Variable cost Select one: O a. 253000 Units O b. 251000 OMR O c. 252000 Units O d. 500000 OMR ge
Calculate the labor efficiency variance: Labor costs: Budgeted costs (per unit) 2.25 hours at € 16.40 per hour based on 350 units. Actual: Units: 310 Hours: 620 Labor cost: € 10, 540 a. €1, 435 favourable b. € 1,271 favourable c. € 899 favourable d. €1, 435 adverse
Base from the data, determine the correct cost classifications: Cost ltem Cost at 100 units Cost at 140 units P P8,000 P10,560 L P5,000 P5,000 A P6,500 P9,100 Y P6,700 P8,580 Cost P Cost L Cost A Cost YA. variable fixed mixed variableB. variable fixed variable variableC. mixed fixed mixed mixedD. mixed fixed variable mixed
What is the answer is correct?!!
Each of the following independent situations relates to direct labor. Fill in the blanks. А В C D Units produced 4,000 3,000 Actual hours worked 1,900 8,400 Standard hours for production achieved 2,000 6,000 Standard hours per unit 0.5 2 3 Standard rate per hour P12 P10 P12 Actual labor cost P83,600 P24,500 Rate variance P310U P900U Р300F Efficiency variance P2,000U P1,800F P800 U
Required Information [The following information applies to the questions displayed below.] The fixed budget for 21,500 units of production shows sales of $559,000; variable costs of $64,500; and fixed costs of $142,000. If the company actually produces and sells 26,500 units, calculate the flexible budget Income. Sales Variable costs Contribution margin Fixed costs Income ------Flexible Budget-..... Variable Amount Total Fixed per Unit Cost $ 689,000 689,000 ------Flexible Budget at 21,500 units $ $ 0 0 26,500 units $ $ 0 0
25. A standard cost Multiple Choice a)is the average cost within an industry b)is useful in calculating equivalent units c)is a budget for the production of one unit of a product d)incorporates the opportunity cost of a unit of production e)shows the actual cost from previous years
Please help me with show all calculation thanku
Hh2.
QUESTION 7 The actual variable costs are $26000 and the actual units produced total 300 and the actual direct labour hours total 600. If the budgeted hour per unit are 3 and the budgeted variable cost allocation rate is $25 and the budgeted units to be produced are 225. What is the rate Variance, Efficiency Variance and Flexible Budget variance is the allocate variable costs based on direct labour hours. Be sure to indicate whether the variances are favourable or unfavourable. For the toolbar, press ALT+F10 (PC or ALT-FN-F10 Mack BIVS Arial 10pt 2 I. X ***
Based on the following sensitivity report, what would be the impact of changing the constraint right-hand side for Resource_A to 73 and, at the same time, changing the constraint right-hand side for Resource C to 600? Variable Cells Final Objective Coefficient Allowable Allowable Reduced Cost Cell $8$2 $B$3 $854 Name Value Increase Decrease 1E+30 1. Product 1 -2 2 Product 2 175 16430 Product 3 -1.5 9 1.5 1E+30 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H.Side Increase Decrease SHS9 Resource A 100 16430 90 SH$10 Resource B 525 s00 1E+30 340 SH$11 Resource C 700 1.75 700 390 160 Applying the 100% rule, The shadow price remains valid because the total change in the constraint right-hand sides does not exceed 10 3 of 5 Next > ASUS