The Brown Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2017, Brown adopted the following standards for its manufacturing costs: E (Click to view the standards.) E (Click to view additional information.) - X Read the requirements O Data Table Requirement 1. Prepare a schedule of total standard manufacturing costs for the 8,200 output units in January 2017. The denominator level for total manufacturing overhead per month in 2017 is 38,000 direct manufacturing labor-hours. Brown's budget for January 2017 was based on this denominator level. The records for January indicated the following: Direct materials Direct manufacturing labor Variable manufacturing overhead Direct materials purchased 43,500 lb. at $6.25 per lIb. Fixed manufacturing overhead Direct materials used 41,500 lb. 58,900 hrs. at $11.25 per hr. Total Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Data Table - X $750,000 Actual production 8,200 output units Cost per Output Unit Print Done Input Direct materials 5 lb. at $6 per Ib. S 30.00 7 hrs. at $11 per hr. $6 per DLH Direct manufacturing labor 77.00 Variable manufacturing overhead 42.00 70.00 $10 per DLH Fixed manufacturing overhead Standard manufacturing cost per output unit 219.00 Enter any number in the edit fields and then click
The Brown Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2017, Brown adopted the following standards for its manufacturing costs: E (Click to view the standards.) E (Click to view additional information.) - X Read the requirements O Data Table Requirement 1. Prepare a schedule of total standard manufacturing costs for the 8,200 output units in January 2017. The denominator level for total manufacturing overhead per month in 2017 is 38,000 direct manufacturing labor-hours. Brown's budget for January 2017 was based on this denominator level. The records for January indicated the following: Direct materials Direct manufacturing labor Variable manufacturing overhead Direct materials purchased 43,500 lb. at $6.25 per lIb. Fixed manufacturing overhead Direct materials used 41,500 lb. 58,900 hrs. at $11.25 per hr. Total Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Data Table - X $750,000 Actual production 8,200 output units Cost per Output Unit Print Done Input Direct materials 5 lb. at $6 per Ib. S 30.00 7 hrs. at $11 per hr. $6 per DLH Direct manufacturing labor 77.00 Variable manufacturing overhead 42.00 70.00 $10 per DLH Fixed manufacturing overhead Standard manufacturing cost per output unit 219.00 Enter any number in the edit fields and then click
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
please, look at image.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education