Answered step by step
Verified Expert Solution
Question
1 Approved Answer
accounting Jave HUITWUI. CUIUllavii US ASSIYilmleri Score: 0 of 1 pt 7 of 10 (6 complete) HW Score: 44.61%, 4.46 of 10 pts CP23-36 (similar
accounting
Jave HUITWUI. CUIUllavii US ASSIYilmleri Score: 0 of 1 pt 7 of 10 (6 complete) HW Score: 44.61%, 4.46 of 10 pts CP23-36 (similar to) Question Help Assume Pentucket Computer Company has created a standard cost card for the PCC model tablet computer, with overhead allocated based on direct labor hours: (Click the icon to view the standard costs.) During the month of September, Pentucket Computer Company incurred the following costs while manufacturing 1,600 PCC model tablets: E: (Click the icon to view the actual costs.) Read the requirements. Requirement 1. Prepare a flexible budget for September for 1,400, 1,500, and 1,600 PCC model tablets. The tablet has a standard sales price of $720. List variable costs separately. Pentucket Computer Company Flexible Budget For the Month Ended September 30 i Standard Costs i Actual Costs Budget Amounts per Unit $ Units 1,400 1,500 1,600 Direct materials Direct labor Variable overhead Fixed overhead $350 per tablet 3 hours per tablet at $28 per hour 3 hours per tablet at $4 per hour $52,000 per month Direct materials Direct labor Variable overhead Fixed overhead 577,600 136,320 23,040 52,960 Sales Revenue Variable Costs: Direct Materials Direct Labor Print Done Print Done Variable Overhead Total Variable Costs Contribution Margin Fixed Costs Operating Income Enter any number in the edit fields and then click Check Answer. 3 parts Clear All V remaining Check Answer Homework: Coronavirus Assignment Save Score: 0 of 1 pt 7 of 10 (6 complete) HW Score: 44.61%, 4.46 of 10 pts Question Help CP23-36 (similar to) Assume Pentucket Computer Company has created a standard cost card for the PCC model tablet computer, with overhead allocated based on direct labor hours: (Click the icon to view the standard costs.) During the month of September, Pentucket Computer Company incurred the following costs while manufacturing 1,600 PCC model tablets: .: (Click the icon to view the actual costs.) Read the requirements. Requirement 1. Prepare a flexible budget for September for 1,400, 1,500, and 1,600 PCC model tablets. The tablet has a standard sales price of $720. List variable costs separately. Pentucket Computer Company Flexible Budget For the Month Ended September 30 Requirements Budget Amounts per Unit Units 1,400 1,500 1,600 Sales Revenue Variable Costs: Direct Materials 1. Prepare a flexible budget for September for 1,400, 1,500, and 1,600 PCC model tablets. The tablet has a standard sales price of $720. List variable costs separately. 2. Using 1,500 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $1,192,000. The company sold 1,600 tablets. 3. What insights can the management of Pentucket Computer Company draw from the performance report? Direct Labor Variable Overhead Total Variable Costs Contribution Margin Print Print Done Fixed Costs Operating Income Enter any number in the edit fields and then click Check Answer. 2 parts remaining Clear All CheckStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started