Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
image text in transcribed
image text in transcribed
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.) Requirement 1. Prepare a flexible budget for September for 1,100,1,200, and 1,300 PCC model tablets. The tabl Pentucket Computer Company Flexible Budget For the Month Ended September 30 Budget Amounts 1 per Unit Units 1.100 1,200 1,300 748,000 $ 816,000 $ 884,000 $ 680 $ 340 374,000 442,000 40 Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin 44,000 26,400 408,000 48,000 28,800 52,000 31,200 24 444,400 484,800 525,200 303,600 42,000 331,200 42,000 358,800 42,000 Fixed Costs fields and then click Check Answer. Save te) HW Score: 15.7%, 3.93 of 25 pts ng the month of September, Pentucket Computer Company incurred the following costs while manufacturing 1,300 model tablets: Click the icon to view the actual costs.) the requirements. ard sales price of $680. List variable costs separately. 0 Actual Costs $ 449,800 Direct materials Direct labor Variable overhead Fixed overhead 53,040 32,760 42,960 - i Standard Costs Direct materials Direct labor $340 per tablet 2 hours per tablet at $20 per hour 2 hours per tablet at $12 per hour $42,000 per month Variable overhead Fixed overhead Print Done Check Answer Read the Flexible Duager Perrormance report For the Month Ended September 30 2 3 (1)-(3) 5 (3) - (5) Sales Budget Amounts Flexible Actual Flexible Volume Static Budget Variance Per Unit Results Budget Variance Budget Units Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin Fixed Costs Operating Income Choose from any list or enter any number in the input fields and then click Check

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

Advanced Accounting

Authors: Susan Hamlen

5th Edition

1618534246, 9781618534248

More Books

Students also viewed these Accounting questions

Question

3. Give examples of four fair disciplinary practices.

Answered: 1 week ago

Question

4. Explain how to use fair disciplinary practices.

Answered: 1 week ago