The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

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Answer 1

Question

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

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A company sells a product for $25 per unit. The variable cost per unit is $15, and the total fixed costs are $50,000. a) How many units must the company sell to break even? b) If the company wants a profit of $10,000, how many units must it sell?

Answer 2

Question

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

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Answer 3

Question

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

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Answer 4

Question

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

Expert Solution & Answer

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Answer 5

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

Answer 6

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

Answer 7

Chapter 8, Problem 8.20E

1.

To determine

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

Answer 8

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

Answer 9

2.

To determine

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

Answer 10

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

Answer 11

3.

To determine

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

Answer 12

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Answer 13

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Answer 14

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Answer 15

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The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

The analysis of all variable manufacturing overhead and fixed manufacturing overhead using columnar approach.

To prepare: The journal entries of June 2014 variable and fixed manufacturing overhead costs and variances and write off these variances to cost of goods sold for the quarter ending June 30, 2014.

To explain: The way in which the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs.

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Chapter 8 Solutions