8.Tabarez Corporation's Maintenance Department provides services to the company's twooperating divisions-the Paints Division and the Stains Division. The variable costs of theMaintenance Department are budgeted based on the number of cases produced by theoperating departments. The fixed costs of the Maintenance Department are budgeted basedon the number of cases produced by the operating departments during the peak period. Dataappear below:Maintenance Department:Budgeted variable costBudgeted total fixed cost$ 2 per case$ 1,140,000$ 239,400$ 1,157,980Actual total variable costActual total fixed costPaints Division:30%Percentage of peak period capacity requiredBudgeted casesActual cases29,00029,040Stains Division:70%Percentage of peak period capacity requiredBudgeted casesActual cases85,00084,960For performance evaluation purposes, how much Maintenance Department cost should becharged to the Stains Division at the end of the year?A. $989,002B. $1,041,416C. $967,920 This is the answer I just don't know how to get itD. $1,019,5202

8. Tabarez Corporation's Maintenance Department provides services to the company's two operating divisions-the Paints Division and the Stains Division. The variable costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments. The fixed costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments during the peak period. Dat appear below: Maintenance Department: Budgeted variable cost Budgeted total fixed cost Actual total variable cost $2 per casE $ 1,140,000 $ 239,400 $ 1,157,980 Actual total fixed cost Paints Division: Percentage of peak period capacity required Budgeted cases Actual cases 30% 29,000 29,040

8. Tabarez Corporation's Maintenance Department provides services to the company's two operating divisions-the Paints Division and the Stains Division. The variable costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments. The fixed costs of the Maintenance Department are budgeted based on the number of cases produced by the operating departments during the peak period. Dat appear below: Maintenance Department: Budgeted variable cost Budgeted total fixed cost Actual total variable cost $2 per casE $ 1,140,000 $ 239,400 $ 1,157,980 Actual total fixed cost Paints Division: Percentage of peak period capacity required Budgeted cases Actual cases 30% 29,000 29,040

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A. The South Department of ABC Corporation is a cost center. The budget for the month of March 20X2 is as follows: Sales salaries 406,725 System support salaries 222, 502 Customer relation salaries 75,975 Accounting salaries 48,345 Depreciation of plant and equipment 45,700 Repairs and maintenance 134,200 Insurance and property taxes 20,245 During March 20X2 the following costs were incurred by South Department: Sales salaries 406,205 System support salaries 222, 450 Customer relation salaries 80,120 Accounting salaries 48,245 Depreciation of plant and equipment 45,700 Repairs and maintenance 138,950 Insurance and property taxes 20,500 REQUIRED: Prepare a performance report for the manager of South Dept for March 20x2. Explain which costs the manager might be expected to request additional reports.
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Marigold Company has two production departments, Fabricating and Assembling. At a department managers' meeting, the controller uses flexible budget graphs to explain total budgeted costs. A separate graph based on direct labor hours is used for each department. The graphs show the following. 1. 2. (a) At zero direct labor hours, the total budgeted cost line and the fixed-cost line intersect the vertical axis at $47,000 in the Fabricating Department and $37,600 in the Assembling Department. At normal capacity of 47,000 direct labor hours, the line drawn from the total budgeted cost line intersects the vertical axis at $159,800 in the Fabricating Department and $112,800 in the Assembling Department. State the total budgeted cost equation for each department. (Round cost per direct labor hour to 2 decimal places, e.g. 1.25.) total total + + of $ of $ per direct labor hour per direct labor hour