Budz Manufacturing motorcycles. The management Company is engaged in manufacturing wants to estimate overhead costs to plan its operations. A recent trade publication revealed that factory overhead costs tend to vary with machine hours. To check this, they collected the following data for the past 10 months.002. Month 04 1 2 3 4 5 Machine Hours 3,000 3,600 3,300 2,970 3,600 3,750 3,900 1013080 1200 i 2,400 bodom - 70,110.00:bariupo 9 3,150 10 3,600 bns bodem wol agua de subfiropou and inspiradad S For the next month, the company is planning to operate at a level of 3,750 machine hours. anivollot di 99:1 679 005 moltoon Factory Overhead Cost P. 84,000.00 96,900.00 93,045.00 83,490.00 105,600.00 103,500.00 106,800.00 7307 10-1800 1019 94ods svig stsb sifguian designe/fras Required: 88,800.00 100,350.00 Using the high-low method, determine the following: 1. The variable portion of factory overhead cost based on machine hour. lasursticke my miel d 22. The fixed portion of factory overhead cost. 3. The budgeted factory overhead cost for the next period.

Budz Manufacturing motorcycles. The management Company is engaged in manufacturing wants to estimate overhead costs to plan its operations. A recent trade publication revealed that factory overhead costs tend to vary with machine hours. To check this, they collected the following data for the past 10 months.002. Month 04 1 2 3 4 5 Machine Hours 3,000 3,600 3,300 2,970 3,600 3,750 3,900 1013080 1200 i 2,400 bodom - 70,110.00:bariupo 9 3,150 10 3,600 bns bodem wol agua de subfiropou and inspiradad S For the next month, the company is planning to operate at a level of 3,750 machine hours. anivollot di 99:1 679 005 moltoon Factory Overhead Cost P. 84,000.00 96,900.00 93,045.00 83,490.00 105,600.00 103,500.00 106,800.00 7307 10-1800 1019 94ods svig stsb sifguian designe/fras Required: 88,800.00 100,350.00 Using the high-low method, determine the following: 1. The variable portion of factory overhead cost based on machine hour. lasursticke my miel d 22. The fixed portion of factory overhead cost. 3. The budgeted factory overhead cost for the next period.

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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