Brighton Manufacturing uses both standards and budgets. For the year, the estimated production of Product Z is 480,000 units. The total estimated cost for materials is $1,125,600, and the total estimated cost for labor is $1,480,800. Compute the estimates for Standard cost per unit
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- Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools: Activity Cost Pool Activity 1 3,000 2,800 Activity 2 4,500 5,500 Activity 3 2,500 5,250 Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product B under activity-based costing? O $10.28 O $3.00 $2.33 $2.00 O $15.00 Budgeted Activity Budgeted Cost $87,000 $62,000 $93,000 Product A Product BMaria Company uses both standards and budgets. For the year, estimated production of Product X is 597,000 units. Total estimated cost for materials and labor are $1,194,000 and $1,671,600respectively.Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, e.g. 1.25.) Materials Labor (a) Standard cost $enter a dollar amount rounded to 2 decimal places $enter a dollar amount rounded to 2 decimal places (b) Budgeted cost $enter a dollar amount $enter a dollar amount
- Compute the standard cost per unitUnderwood Company is preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of manufacturing overhead that should be assigned to each of the two product lines from the information given below. Total units produced Total number of material moves Direct labor hours per unit Budgeted material-handling costs are $50,000. The material handling cost per wall mirror under activity-based costing is: Multiple Choice O O $0. $250. Wall Mirrors 50 10 165 $770. Specialty Windows 50 30 165.Tammy Company uses both standards and budgets. For the year, estimated production of Product X is 565,000 units. Total estimated cost for materials and labor are $1,243,000 and $1,638,500 respectively. Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, e.g. 1.25.) (a) (b) Standard cost $ Budgeted cost $ Materials $ $ Labor
- Gottshall Inc. makes a range of products. The company's predetermined overhead rate is $19 per direct labor-hour, which was calculated using the following budgeted data: Variable manufacturing overhead $ 225,000 Fixed manufacturing overhead $ 630,000 Direct labor-hours 45,000. Component P0 is used in one of the company's products. The unit cost of the component according to the company's cost accounting system is determined as follows: Direct materials $ 21.00 Direct labor 40.80 Manufacturing overhead applied 32.30 Unit product cost $ 94.10 An outside supplier has offered to supply component P0 for $78 each. The outside supplier is known for quality and reliability. Assume that direct labor is a variable cost, variable manufacturing overhead is really driven by direct labor-hours, and total fixed manufacturing overhead would not be affected by this decision. Gottshall chronically has idle capacity. Required: Is the offer from the outside supplier financially…The problem gives me total costs for materials and labor. Can you tell me the cost per materials and labor per unit?Bedou-Kwaku Corporation considers materials and labor to be completely variable costs. Expected production for September was 50,000 units. At that level of production, direct materials cost was budgeted at $195,000, and direct labor cost was budgeted at $320,000. In September, actual production was 58,000 units, actual materials cost was $220,000, and actual labor cost was $315,000. How much was Bedou-Kwaku’s total flexible budget variancefor September?
- DineshbhaiLandon is working on putting together the financials for his company's quarterly report. His company uses standard costs within its absorption costing system, and Landon needs to find the budgeted. cost per unit in order to estimate COGS. Landon has provided the following cost information. 2 3 41 15 16 17 18 Budgeted variable manufacturing cost per unit Budgeted variable operating cost per unit Budgeted fixed overhead costs Budgeted fixed operating costs Budgeted production in units $ D 5.00 3.00 30,000 20,000 5,000 E F G H functions with cell references to the Problem area or work area as indicated. How much cost should be capitalized to inventory for each unit produced? Cost per unitAnderson Inc. has decided to use the high-low method to estimate total costs and determine the fixed and variable cost components. The data for various levels of production are as follows: When 6,500 units were produced, the total cost was $420,000. When 2,500 units were produced, the total cost was $250,000. (a) Determine the variable cost per unit and the total fixed cost. Variable cost per unit: Total fixed cost: (b) Estimate the total cost for producing 3,200 units. Total cost for 3,200 units: