21 QS

1 Based on predicted production of 24,600 units, a company budgets $350,000 of fixed costs and $246,000 of variable costs. If the company actually produces 19.200 units, what are the flexible budget amounts of fixed and variable costs? ------Flexible Budget..... Variable Amount Total Fixed Cost 19,200 units per Unit Book 2 Part 1 of 2 Required information The following information applies to the questions displayed below) The fixed budget for 21100 units of production shows sales of $485,300; variable costs of $63,300; and fixed costs of $141.000 5 points if the company actually produces and sells 27400 units, calculate the flexible budget Income ook Flexible Budget Variable Amount Total Fixed Cost Flexible Budget al. 21.100 units 27,400 units per Unit Hint References Contribution margin 3 Part 2 Required information The following information apples to the questions displayed below) The flwed budget for 2100 units of production shows sales of $185,200, variable costs of $63,200 and Need costs of $141000 5 points The company's actual sales were 27400 units at $589,200. Actual variable costs were $13.700 and actual fixed costs were 5133,000. Prepare a flexible budget performance report Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no variance) Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorabil Hot Unfavorable Contribution margin 4 o Part 1 of 2 Required information The following information applies to the questions displayed below) BatCo makes baseball bats. Each bat requires 200 pounds of wood at $20 per pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. 5 points Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Book Standard price or rate Standard cost per unit Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH References 5 Part 2 of 2 Required information The following information applies to the questions displayed below) BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $20 per pound and 0.30 direct tobor hour at $20 per hour Overhead is assigned at the rate of $40 per direct labor hour O 5 point Assume the actual cost to manufacture 110 bats i $6,930.00 Compute the total cost variance and identity it as favorable or unfavorable (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 000 Ada cost Budgeted standard.com Tot con variance 5 o Reference