The manufacturing overhead budget for Pina Colada Company contains the following items. Variable costs (b) Indirect materials Indirect labor Maintenance expense Manufacturing supplies Total variable Variable costs Indirect materials Indirect labor Maintenance expense Manufacturing supplies Total variable $21,120 Total cost 11,520 $ 9,600 5,760 The budget was based on an estimated 1,920 units being produced. During the past month, 1,440 units were produced, and the following costs incurred. $48,000 $21,600 13,000 7,900 4,800 Fixed costs $47,300 Supervision Inspection costs Insurance expense Depreciation Total fixed Fixed costs Supervision Inspection costs Insurance expense Depreciation $16,300 Total fixed 1,000 1,900 14,400 $33,600 $17,700 1,200 2,100 14,100 How much should have been spent during the month for the manufacture of the 1,440 units? $35,100

The manufacturing overhead budget for Pina Colada Company contains the following items. Variable costs (b) Indirect materials Indirect labor Maintenance expense Manufacturing supplies Total variable Variable costs Indirect materials Indirect labor Maintenance expense Manufacturing supplies Total variable $21,120 Total cost 11,520 $ 9,600 5,760 The budget was based on an estimated 1,920 units being produced. During the past month, 1,440 units were produced, and the following costs incurred. $48,000 $21,600 13,000 7,900 4,800 Fixed costs $47,300 Supervision Inspection costs Insurance expense Depreciation Total fixed Fixed costs Supervision Inspection costs Insurance expense Depreciation $16,300 Total fixed 1,000 1,900 14,400 $33,600 $17,700 1,200 2,100 14,100 How much should have been spent during the month for the manufacture of the 1,440 units? $35,100

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Description: The manufacturing overhead budget for Pina Colada Company contains the following items.Variable costs(b)Indirect materialsIndirect laborMaintenance expenseManufacturing suppliesTotal variableVariable costsIndirect materialsIndirect laborMaintenance

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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