Vaughn Manufacturing's budgeted manufacturing costs for 50000 squares of shingles are as follows: Fixed manufacturing costs $25000 $12 per Variable manufacturing costs square Vaughn produced 40000 squares of shingles during March. How much are budgeted total manufacturing costs in March? O $600000 $625000 $505000 ○ $480000
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- Check my work The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 1st Quarter 2nd Quarter 11,800 10,800 3rd Quarter 12,800 Units to be produced Each unit requires 0.20 direct labor-hours and direct laborers are paid $16.00 per hour. In addition, the variable manufacturing overhead rate is $1.75 per direct labor-hour. The fixed manufacturing overhead is $98,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $38,000 per quarter. Required: 1. Calculate the company's total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole. 2. and 3. Calculate the company's total estimated manufacturing overhead cost and the cash disbursements for manufacturing overhead for each quarter of the upcoming fiscal year and for the year as a whole. Complete this question by entering your answers in the tabs below. Req 1 Req…The flexible budget of Coco Corp in different levels of direct labor hours. Direct Labor HoursVariable 20,000 30,000 40,000FOH 40,000 60,000 80,000Fixed 10,000 10,000 10,000FOH 1. Each product needs 5 direct labor hours, and the company expects to produce 2,000 units in 2021. Calculate the total factory overhead rate per unit using direct labor hours as allocate baseRobin has the following budgeted data for the forthcoming month: Products Sparrow Thrush Magpie 000s 000s 000s Sales and production (units) 50 40 30 £ £ £ Selling price (per unit) 45 95 73 Direct material and labour 32 84 65 Hours Hours Hours Machining (machine hours) 2 5 4 Assembly (direct labour hours per unit) 7 3 2 Overheads allocated and apportioned to production departments are normally recovered in product costs at £1.20/machine hour in the machining department and £0.825/direct labour hour in the assembly department. You ascertain that the above overheads could be reanalysed as follows: £000s Cost driver Quantity in month Machine services Assembly services Set-up costs Order processing Purchasing 357 318 26 156 84 941 Machine hours Direct labour hours Set-ups Customer orders Supplier orders 520 32,000…
- 9. Sheridan company has the following budgeted costs for the next year:A company has the following budgeted and actual cost data for manufacturing 2,000 Product X units: Direct materials $50 per unit Direct labor $40 per unit Variable manufacturing overhead $ 5 $40,000 per year per unit Fixed manufacturing Overhead Product X sells for $200 per unit. Assume no beginning or ending inventories. The Gross Profit for selling 15 Product X units is %24Samuel Corporation's budgeted production is 64,000 units per month. Each unit requires 2 hours of direct labor to complete. The direct labor cost is $48 per hour. Calculate the budgeted cost of direct labor for the month. A. 3,072,000 B. 3,071,904 C. 6,144,000 D. 6,400,000
- Sun Valley showed the following on its direct materials budget for May: Units to be produced 62,500 Total kilos needed for production 5,000 Total kilos of materials to be purchased 7,500 The materials cost P2.50 per kilo. How much is the cost of direct materials per unit? • Cost of Direct Materials per Unit = Materials Cost x Total kilos needed for production/ Units to be produced a. Php 0.20 Ob. Php 0.30 C. Php 8.33Jackson Company manufactures computer keyboards. The budgeted sales price is $60 per keyboard, the variable costs are $28 per keyboard, and budgeted fixed costs are $13,000. What is the budgeted operating income for 2,000 keyboards? OA. $58,000 OB. $51,000 OC. $67,000 OD. $64,000Calculate the total factory overhead rate per unit using direct labor hours as allocation base. The flexible budget coco corp. in different levels of direct labor hours. Direct labor hours 20,0000 30,000 40,000 Variable FOH 40,0000 60,000 80,000 Fixed FOH 10,0000 10,000 10,000 Each product needs 5 direct labor hours and the company expects to produce 2,000 units in 2021. Calculate the total factory overhead rate per unit using units of production as allocation base.
- The following data get out from Samsung industrial company: Direct materials costs JD 75 Direct manufacturing labor costs 20 Variable manufacturing overhead costs 15 Fixed overhead costs 28 Each TV need to 0.75 hour, and each hour by JD 31.5. The number of units manufactured is the cost driver for direct materials, direct manufacturing labor, and variable manufacturing overhead. The relevant range for the cost driver is from 0 to 6,000 TV. Budgeted and actual data for November 2019 are: Budgeted fixed costs for production JD 141, 750 Budgeted selling price JD 138 per unit Actual selling price 152.75 per unit Revenue at budgeted…Dee and Co. is a small manufacturing business which has prepared the following monthly budgeted figures for an average month: Production Volume 15,000 units Selling Price per Unit GH¢5.50 Sales GH¢82,500 Variable Costs GH¢37,500 Fixed Costs GH¢20,000 Profit GH¢25,000 Required: a) What is the contribution per unit? b) Determine the contribution to sales ratio. c) What is the number of units Dee and Co. needs to produce and sell each month in order to break even? d) Find the sales revenue in value required to make a target profit of GH¢50,000.Waterway Industries budgeted manufacturing costs for 50000 tons of steel are as follows: Fixed manufacturing costs $45000 per month Variable manufacturing costs $22.00 per ton of steel Waterway produced 55000 tons of steel during March. What is the flexible budget for total manufacturing costs for March? $1260000 O $1255000 $1210000 O $1145000