Direct materials Direct labour Variable overhead: Supplies Maintenance Power $5.50 2.8 0.65 0.25 0.17 Budgeted fixed overhead costs per month include supervision of $60,000, depreciation of $71,000, and other overhead of $175.000. Required: 1. Prepare a flexible budget for all costs of production for the following levels of production: 150.000 units, ane 185,000 units. 2. What is the per-unit total product cost for each of the production levels from Requirement 13 (Round each unit cost to the nearest cent.)

Direct materials Direct labour Variable overhead: Supplies Maintenance Power $5.50 2.8 0.65 0.25 0.17 Budgeted fixed overhead costs per month include supervision of $60,000, depreciation of $71,000, and other overhead of $175.000. Required: 1. Prepare a flexible budget for all costs of production for the following levels of production: 150.000 units, ane 185,000 units. 2. What is the per-unit total product cost for each of the production levels from Requirement 13 (Round each unit cost to the nearest cent.)

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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Assume o company's budgeted unit sales and its required production in units for July ore 80.000 units and 78.000 units, respectively. The budgeted direct labor wage rate is $16.50 per hour. The company's total budgeted direct labor cost for July is $1,608.750. What is the budgeted direct lobor-hours required per units Multiple Choice ο ο ο ο 1.35 hours 1.32 hours 1.22 hours 1.25 hours
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