E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340

E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 4,600, 6,600, and 7,600 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,600 Units) (7,600 Units) (5,600 Units) (4,600 Units) Direct materials $ 1,120 Direct labor 2,240 Variable manufacturing overhead 1,680 Fixed manufacturing overhead 17,300 Total manufacturing cost S 22,340

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 7CE: Refer to Cornerstone Exercise 8.6. Required: 1. Calculate the total budgeted cost of units produced...

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Domestic
Subject: acounting
Subject: accounting
Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 5,700, 7,700, and 8,700 units. Note: Round your intermediate calculations to 2 decimal places. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing cost Master Budget Flexible Budget (6,700 Units) (5,700 Units) $ 2,010 3,350 2,680 18,800 26,840 $ Flexible Budget (7,700 Units) Flexible Buget (8,700 Units)
Subject - Accounting
Olive Company makes silver belt buckles. The company’s master budget appears in the first column of the table.Required:Complete the table by preparing Olive’s flexible budget for 4,700, 6,700, and 7,700 units. (Round your intermediate calculations to 2 decimal places.)
Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 5,800, 7,800, and 8,800 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,800 Units) (5,800 Units) Direct materials $ 2,040 Direct labor Variable manufacturing overhead 3,400 2,720 Fixed manufacturing overhead 17,600 Total manufacturing cost $ 25,760 (7,800 Units) (8,800 Units)
Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 5,400, 7,400, and 8,400 units. (Round your intermediate calculations to 2 decimal places.) Master Budget Flexible Budget Flexible Budget (5,400 Units) Flexible Budget (8,400 Units) (6,400 Units) (7,400 Units) Direct materials $ 640 Direct labor 3,200 Variable manufacturing overhead 1,280 Fixed manufacturing overhead 17,000 Total manufacturing cost $ 22,120
Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 5,600, 7,600, and 8,600 units. Note: Round your intermediate calculations to 2 decimal places. (6,600 Units) (5,600 Units) Master Budget Flexible Budget Flexible Budget (7,600 Units) Flexible Budget (8,600 Units) Direct materials $ 1,320 Direct labor 3,960 Variable manufacturing overhead 1,980 Fixed manufacturing overhead 17,500 Total manufacturing cost $ 24,760
Olive Company makes silver belt buckles. The company’s master budget appears in the first column of the table.Required:Complete the table by preparing Olive’s flexible budget for 4,200, 6,200, and 7,200 units. (Round your intermediate calculations to 2 decimal places.)
E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 4,100, 6,100, and 7,100 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget Flexible Budget (6,100 Units) (7,100 Units) (5,100 Units) (4,100 Units) Direct materials $ 1,020 Direct labor 2,550 Variable manufacturing overhead 1,530 Fixed manufacturing overhead 17,800 Total manufacturing cost $ 22,900