Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

#4( two pictures) I need help with the whole problem with the Explanation and Solution Please and Thank you. #5 (5 pictures) I need help

image text in transcribed
image text in transcribed #4( two pictures) I need help with the whole problem with the Explanation and Solution Please and Thank you.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed #5 (5 pictures) I need help with the whole problem with the Explanation and Solution Please and Thank you.
image text in transcribed I need help with the whole problem with the Explanation and Solution Please and Thank you.
Chapter 21 HW, Part 1-Flexible Budgets Help Save & Exit Submit Check my work Required information The following information applies to the questions displayed below. Part 2 of 2 Brodrick Company expects to produce 20,800 units for the year ending December 31. A flexible budget for 20,800 units of production reflects sales of $582,400; variable costs of $62,400; and fixed costs of $141,000. points eBook Assume that actual sales for the year are $706,400 (26,800 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $134,000. Hint Print Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) References BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable/ Unfavorable Contribution margin Chapter 21 HW, Part 1-Flexible Budgets Help Save & Exit Submit Check my work fixed costs of $141,000. Part 2 of 2 Assume that actual sales for the year are $706,400 (26,800 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) points eBook BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Hint Print Flexible Budget Actual Results Favorable Unfavorable References Contribution margin Chapter 21 HW, Part 1-Flexible Budgets i Help Save & Exit Submit Check my work Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter reveals the following Fixed Budget $2,060,000 points $240,000 430,000 260,000 40,000 eBook Hint 970,000 1,090,000 Print Sales (10,000 units x $206 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance office rent Income from operations References 70,000 140,000 100,000 310,000 90,000 60,000 30,000 40,000 220,000 560,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. Chapter 21 HW, Part 1-Flexible Budgets A Saved Help Save & Exit Submit Check my work 40,000 Office rent Income from operations 220,000 560,000 $ points (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit Required Required 2 > Chapter 21 HW, Part 1-Flexible Budgets i Saved Help Save & Exit Submit Check my work 40,000 Office rent Income from operations 220,000 560,000 $ points (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total fixed costs . Required 1 Required 3 > Chapter 21 HW, Part 1-Flexible Budgets Saved Help Save & Exit Submit Check my work 40,000 Office rent Income from operations 220,000 560,000 $ points (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. eBook Hant Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 8,000 units. Income from operations at sales of 8,000 units Chapter 21 HW, Part 1-Flexible Budgets i Saved Help Save & Exit Submit Check my work 40,000 Office rent Income from operations 220,000 560,000 $ points (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 12,000 units. Income from operations at sales of 12,000 units Required 3 Required a Chapter 21 HW, Part 1-Flexible Budgets Help Save & Exit Submit Check my work Xion Co. budgets a selling price of $85 per unit, variable costs of $34 per unit, and total fixed costs of $285,000. During June, the company produced and sold 12,300 units and incurred actual variable costs of $366,000 and actual fixed costs of $300,000. Actual sales for June were $1,090,000. points Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) eBook Hint Print XION CO. Flexible Budget Report For Month Ended June 30 Flexible Budget Actual Results References Variances Fav./Unf

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Fraud, Maneuvering And Manipulation, Past And Present

Authors: Gary Giroux

2nd Edition

1947098748, 9781947098749

More Books

Students also viewed these Accounting questions