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Depreciation Direct Labor Direct Materials Fixed Costs Overhead Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs Units Produced $ Budget Actual 1A to Favorable Unfavorable Neither Favorable nor Unfavorable Ayayai Company expects to produce 1,488,000 units of Product XX in 2027. Monthly production is expected to range from 99,200 to 148,800 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2027, the company incurs the following costs in producing 124,000 units: direct materials $644,800, direct labor $739,040, and variable overhead $998,200. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)

Depreciation Direct Labor Direct Materials Fixed Costs Overhead Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs Units Produced $ Budget Actual 1A to Favorable Unfavorable Neither Favorable nor Unfavorable Ayayai Company expects to produce 1,488,000 units of Product XX in 2027. Monthly production is expected to range from 99,200 to 148,800 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2027, the company incurs the following costs in producing 124,000 units: direct materials $644,800, direct labor $739,040, and variable overhead $998,200. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 17MC: In the cost equation Y=a+bx, Y represents which of the following? A. fixed costs B. variable costs...
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Depreciation Direct Labor Direct Materials Fixed Costs Overhead Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs Units Produced $ Budget Actual 1A to Favorable Unfavorable Neither Favorable nor Unfavorable
Transcribed Image Text:Depreciation Direct Labor Direct Materials Fixed Costs Overhead Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs Units Produced $ Budget Actual 1A to Favorable Unfavorable Neither Favorable nor Unfavorable
Ayayai Company expects to produce 1,488,000 units of Product XX in 2027. Monthly production is expected to range from 99,200 to 148,800 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2027, the company incurs the following costs in producing 124,000 units: direct materials $644,800, direct labor $739,040, and variable overhead $998,200. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)
Transcribed Image Text:Ayayai Company expects to produce 1,488,000 units of Product XX in 2027. Monthly production is expected to range from 99,200 to 148,800 units. Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. In March 2027, the company incurs the following costs in producing 124,000 units: direct materials $644,800, direct labor $739,040, and variable overhead $998,200. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)
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