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anwser the following four questions please, thank you! The company also established the following cost formulas for its seling expenses: Variable Fixed Coat Coat per
anwser the following four questions please, thank you!
The company also established the following cost formulas for its seling expenses: Variable Fixed Coat Coat per per Month Unit Bold Advertising 5 370,000 Bales salaries and commission 5440,000 $29.00 thipping expenses $ 20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960 d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000, $540,000, and $285,000, respectively Foundational 9-15 (Algo) 15. What is the spending variance related to shipping expenses indicate the effect of each varlance by selecting for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input the amount as a positive value.) tonning variance rotated to shlong srce The company also established the following cost formulas for its selling expenses: Variable Pixed cost Cont per per Month Unit Sold Advertining $ 370,000 Sales salaries and commissions $440,000 $29.00 Shipping expenses $ 20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960 d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000, $540,000, and $285,000, respectively Foundational 9-14 (Algo) 14. What is the spending variance related to soles salaries and commissions? (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (.e. zero variance.). Input the amount as a positive value) Bonding variance related to al salarios and commissions NOVELLING 30, Sales salaries and commissions $ 440,000 $ 29.00 Shipping expensen $ 20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960, d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000, $540,000, and $285,000, respectively. Foundational 9-13 (Algo) 13. What is the spending variance related to advertising? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e. zero variance.). Input the amount as a positive value.) Spardinia velancelled to advertising Variable overhead 4 hours at $4 per hour Total standard variable cost per unit 16.00 $ 132.00 The company also established the following cost formulas for its seling expenses: Variable Tixed Cont Cost per per Month Unit Sold Advertising $ 370,000 Sales salaries and commissione $440,000 $29.00 Shipping expenses $20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 72.000 hours at a rate of $18.00 per hour c. Total variable manufacturing overhead for the month was $336,960 d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$540,000, and $285,000, respectively Foundational 9-12 (Algo) 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexibid budget for March? Advertising Sales salaries and commissions Shipping expenses O Required information The Foundational 15 (Algo) (L09-1, LO9-2, L09-4, L09-5, L09-6] [The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materialt 6 pounds at $8.00 per pound $ 48.00 Direct labori 4 hours at $17 per hour Variable overheads 4 hours at $4 per hour 16.00 Total standard variable cont per unit $ 132.00 68.00 The company also established the following cost formulas for its selling expenses: Variable Fixed cost Cost per per Month Unit Sold Advertising $ 370,000 Salos salaries and commissions $440,000 $ 29.00 Shipping expenses $ 20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: ces a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 72.000 hours at a rate of $18.00 per hour c. Total variable manufacturing overhead for the month was $336,960, d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000, $540,000, and $285,000, respectively Step by Step Solution
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