?? Anjali Brewery has estimated budgetedcosts of $72,600, $78,900, and $85,200 forthe manufacture of 4,000, 5,000, and 6,000gallons of beer, respectively, next quarter.Whatare the variable and fixedmanufacturing costs in the flexiblebudget for Anjali Brewery?

Concept of Variable CostsVariable costs are expenses that change in direct proportion to the level…

Answered: Anjali Brewery has estimated budgeted…

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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Anjali Brewery has estimated budgeted costs of $72,600, $78,900, and $85,200 for the manufacture of 4,000, 5,000, and 6,000 gallons of beer, respectively, next quarter. What are the variable and fixed manufacturing costs in the flexible budget for Anjali Brewery? Answer
Anjali Brewery has estimated budgeted costs of $72,600, $78,900, and $85,200 for the manufacture of 4,000, 5,000, and 6,000 gallons of beer, respectively, next quarter. What are the variable and fixed manufacturing costs in the flexible budget for Anjali Brewery?
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Baxter Enterprises predicts production of 30,000 units, with fixed costs totaling $200,000 and variable costs amounting to $180,000. What are the flexible budget amounts of total costs for 25,000 and 35,000 units?
Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and $246,000 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?
need answer with brief explanation
Comex Company produces backpacks. Annual budget data for FY 2021 follows.Projected sales are 50,000 backpacks for FY 2021. Show workings.Sales revenue $2,500,000Manufacturing costs:Fixed 632,000Variable 500,000Selling and Administrative costs:Fixed 200,000Variable 700,000(a) Use CVP analysis to determine the unit contribution margin, breakeven point inunits and breakeven point in dollars.(b) Use CVP analysis to determine the profit for FY 2021. Ignore income taxes.(c) Use CVP analysis to determine the number of required units if Comex Companyplans to double the profit computed in Question 4b. Ignore income taxes.
Chambers Company has just gathered estimates forconducting a breakeven analysis for a new product.Variable costs are $7 a unit. The additional plant willcost $48,000. The new product will be charged $18,000a year for its share of general overhead. Advertisingexpenditures will be $80,000, and $55,000 will be spenton distribution. If the product sells for $12, what is thebreakeven point in units? What is the breakeven pointin dollar sales volume?
Baxter Enterprises
17)
Subject:- Cost Account
Aaron's chairs is in the process of preparing a production costbudget for August. Actual costs in July for 120 chairs were:Materials cost $4,730Labor cost 2,940Rent 1,500Depreciation 2,500Other fixed costs 3,200Materials and labor are the only variable costs. If productionand sales are budgeted to change to 120 chairs in August,how much is the expected total variable cost on the Augustbudget?

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Anjali Brewery has estimated budgeted costs of $72,600, $78,900, and $85,200 for the manufacture of 4,000, 5,000, and 6,000 gallons of beer, respectively, next quarter. What are the variable and fixed manufacturing costs in the flexible budget for Anjali Brewery?