Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit The fixed manufacturing cost per unit is $ The total manufacturing cost per unit is $ i Data Table Requirement 2. Compute the monthly operating income for January, February, and March month to Kaz Meyer? e accounts. Label any variances as favorable (F) or unfavorable (U). If an account does Complete the income statement first, then compute the bonus paid each month to Kaz Mey not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Mal January Februar Direct materials Direct manufacturing labor Variable manufacturing overhead $ $ $ 41,000 11,500 16,000 Print Done Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ The total manufacturing cost per unit is $ i Data Table Kaz Meyer? Requirement 2. Compute the monthly operating income for January, February, a Complete the income statement first, then compute the bonus paid each month tol not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, lis. Label any variances as favorable (F) or unfavorable (U). If an account does January February March January 2.600 Production Sales 3,700 2,500 4,200 3,700 2,500 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, Califomia, plant. The standard variable manufacturing cost per vehicle in 2017 is 568,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ L 1 More Info The total manufacturing cost per unit is $ Requirement 2. Compute the monthly operating income for January, Februl eyer? Complete the income statement first, then compute the bonus paid each ma not have a variance, do not select a label. Abbreviation used; Adj. = Adjust bel any variances as favorable (F) or unfavorable (U). If an account does Variable manufacturing overhead is allocated to vehicles on the basis of assembly time. The standard assembly time per vehicle is 14 hours. The Carson plant is highly automated and has a practical capacity of 4,300 vehicles per month. The budgeted monthly fixed manufacturing overhead is $32,115,000. Fixed manufacturing overhead is allocated on the basis of the standard assembly time for the budgeted normal capacity utilization of the plant. For 2017, the budgeted normal capacity utilization is 3,100 vehicles per month. January Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) (Click the icon to view additional information.) Read the requirements Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ More Info The total manufacturing cost per unit is $ eyer? Requirement 2. Compute the monthly operating income for January, Februl Complete the income statement first, then compute the bonus paid each md not have a variance, do not select a label. Abbreviation used; Adj. = Adjust bel any variances as favorable (F) or unfavorable (U). If an account does Kaz Meyer is SVP of Armstead and director of the Carson plant. His compensation includes a bonus that is 0.10% of monthly operating income, calculated using absorption costing. Armstead prepares absorption-costing income statements monthly, which include an adjustment for the production-volume variance occurring in that month. There are no variable cost variances or fixed overhead spending variances in the first three months of 2017. The Carson plant is credited with revenue (net of marketing costs) of 593,000 for the sale of each Armstead S-85 vehicle. January Print Done Choose from any list or enter any number in the input fields and then continue to the next question Question Help Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) A (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is s The total manufacturing cost per unit is $ Requirement 2. Compute the monthly operating income for January, February, and March under absorption costing. What amount of bonus is paid each month to Kaz Meyer? Complete the income statement first, then compute the bonus paid each month to Kaz Meyer. (Complete all answer boxes. Enter a "' for any zero balance accounts. Label any variances as favorable (F) or unfavorable (U). If an account does not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Manufacturing.) January February March Bonus paid to Kaz Meyer Requirement 3. How much would the use of variable costing change Meyer's bonus each month if the same 0.10% figure were applied to variable-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero balance accounts.) January February March Bonus paid to Kaz Meyer Requirement 4. Explain the differences in Meyer's bonuses in requirements 2 and 3. (Round dollar amounts to the nearest cent.) With L , by building for inventory, Meyer can capitalize $ of fixed manufacturing overhead cost per unit. This will provide a bonus payment of $ per unit. Operating income under will exceed that under the other method when production is greater than sales. During the three-month period, the inventory buildup is units, giving a difference of $ in bonus payments. Requirement 5. How much would the use of throughput costing change Meyer's bonus each month if the same 0.10% figure were applied to throughput-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero amounts.) January February March L E I . . L CILI I LA LLI_ _ _ _ Requirement 5. How much would the use of throughput costing change Meyer's bonus each month if the same 0.10% figure were applied to throughput-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero amounts.) January February March Bonus paid to Kaz Meyer Requirement 6. What are the different approaches Armstead Motors could take to reduce possible undesirable behavior associated with the use of absorption costing at its Carson plant? Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit The fixed manufacturing cost per unit is $ The total manufacturing cost per unit is $ i Data Table Requirement 2. Compute the monthly operating income for January, February, and March month to Kaz Meyer? e accounts. Label any variances as favorable (F) or unfavorable (U). If an account does Complete the income statement first, then compute the bonus paid each month to Kaz Mey not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Mal January Februar Direct materials Direct manufacturing labor Variable manufacturing overhead $ $ $ 41,000 11,500 16,000 Print Done Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ The total manufacturing cost per unit is $ i Data Table Kaz Meyer? Requirement 2. Compute the monthly operating income for January, February, a Complete the income statement first, then compute the bonus paid each month tol not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, lis. Label any variances as favorable (F) or unfavorable (U). If an account does January February March January 2.600 Production Sales 3,700 2,500 4,200 3,700 2,500 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, Califomia, plant. The standard variable manufacturing cost per vehicle in 2017 is 568,500, which consists of: (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ L 1 More Info The total manufacturing cost per unit is $ Requirement 2. Compute the monthly operating income for January, Februl eyer? Complete the income statement first, then compute the bonus paid each ma not have a variance, do not select a label. Abbreviation used; Adj. = Adjust bel any variances as favorable (F) or unfavorable (U). If an account does Variable manufacturing overhead is allocated to vehicles on the basis of assembly time. The standard assembly time per vehicle is 14 hours. The Carson plant is highly automated and has a practical capacity of 4,300 vehicles per month. The budgeted monthly fixed manufacturing overhead is $32,115,000. Fixed manufacturing overhead is allocated on the basis of the standard assembly time for the budgeted normal capacity utilization of the plant. For 2017, the budgeted normal capacity utilization is 3,100 vehicles per month. January Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of (Click the icon to view the variable cost per vehicle information.) (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) (Click the icon to view additional information.) Read the requirements Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is $ More Info The total manufacturing cost per unit is $ eyer? Requirement 2. Compute the monthly operating income for January, Februl Complete the income statement first, then compute the bonus paid each md not have a variance, do not select a label. Abbreviation used; Adj. = Adjust bel any variances as favorable (F) or unfavorable (U). If an account does Kaz Meyer is SVP of Armstead and director of the Carson plant. His compensation includes a bonus that is 0.10% of monthly operating income, calculated using absorption costing. Armstead prepares absorption-costing income statements monthly, which include an adjustment for the production-volume variance occurring in that month. There are no variable cost variances or fixed overhead spending variances in the first three months of 2017. The Carson plant is credited with revenue (net of marketing costs) of 593,000 for the sale of each Armstead S-85 vehicle. January Print Done Choose from any list or enter any number in the input fields and then continue to the next question Question Help Armstead Motors assembles the fully electric Model S-85 automobile at its Carson, California, plant. The standard variable manufacturing cost per vehicle in 2017 is $68,500, which consists of: (Click the icon to view the variable cost per vehicle information.) A (Click the icon to view additional information.) Armstead started production of the Model S-85 in 2017. The actual production and sales figures for the first three months of the year are: (Click the icon to view the production and sales figures.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute (a) the fixed manufacturing cost per unit and (b) the total manufacturing cost per unit. The fixed manufacturing cost per unit is s The total manufacturing cost per unit is $ Requirement 2. Compute the monthly operating income for January, February, and March under absorption costing. What amount of bonus is paid each month to Kaz Meyer? Complete the income statement first, then compute the bonus paid each month to Kaz Meyer. (Complete all answer boxes. Enter a "' for any zero balance accounts. Label any variances as favorable (F) or unfavorable (U). If an account does not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Manufacturing.) January February March Bonus paid to Kaz Meyer Requirement 3. How much would the use of variable costing change Meyer's bonus each month if the same 0.10% figure were applied to variable-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero balance accounts.) January February March Bonus paid to Kaz Meyer Requirement 4. Explain the differences in Meyer's bonuses in requirements 2 and 3. (Round dollar amounts to the nearest cent.) With L , by building for inventory, Meyer can capitalize $ of fixed manufacturing overhead cost per unit. This will provide a bonus payment of $ per unit. Operating income under will exceed that under the other method when production is greater than sales. During the three-month period, the inventory buildup is units, giving a difference of $ in bonus payments. Requirement 5. How much would the use of throughput costing change Meyer's bonus each month if the same 0.10% figure were applied to throughput-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero amounts.) January February March L E I . . L CILI I LA LLI_ _ _ _ Requirement 5. How much would the use of throughput costing change Meyer's bonus each month if the same 0.10% figure were applied to throughput-costing operating income? Complete the top half of the income statement for each month first, then complete the bottom portion. Finally, calculate the bonus paid each month to Kaz Meyer under the variable costing method. (Complete all answer boxes. Enter a "0" for any zero amounts.) January February March Bonus paid to Kaz Meyer Requirement 6. What are the different approaches Armstead Motors could take to reduce possible undesirable behavior associated with the use of absorption costing at its Carson plant