Assume Pierpont 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, Pierpont Computer Company incurred the following costs while manufacturing 1,300 PCC model tablets: : (Click the icon to view the actual costs.) Read the requirements. Requirement 1. Prepare a flexible budget for September for 1,100,1,200, and 1,300 PCC model tablets. The tablet has a standard sales price of $650. List variable costs separately. Pierpont Computer Company i Standard Costs -X i Actual Costs A Requirements $ 357,500 Direct materials Direct labor Variable overhead Fixed overhead $260 per tablet 2 hours per tablet at $28 per hour 2 hours per tablet at $15 per hour $46,000 per month Direct materials Direct labor Variable overhead 73,840 Units 1. Prepare a flexible budget for September for 1,100,1,200, and 1,300 PCC model tablets. The tablet has a standard sales price of $650. List variable costs separately. 2. Using 1,200 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $871,000. The company sold 1,300 tablets. 3. What insights can the management of Pierpont Computer Company draw from the performance report? 40,300 47,010 Sales Fixed overhead Variab Print Done Print Done Dir Variable Overhead Print Done Total Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 2. Using 1,200 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $871,000. The company sold 1,300 tablets. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Review the flexible budgets from Requirement 1. Pierpont Computer Company Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Assume Pierpont 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, Pierpont Computer Company incurred the following costs while manufacturing 1,300 PCC model tablets: (Click the icon to view the actual costs.) Read the requirements. Requirement 1. Prepare a flexible budget for September for 1,100,1,200, and 1,300 PCC model tablets. The tablet has a standard sales price of $650. List variable costs separately. Pierpont Computer Company Flexible Budget For the Month Ended September 30 Budget Amounts per Unit 1,100 Units 1,200 Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 2. Using 1,200 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $871,000. The company sold 1,300 tablets. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Review the flexible budgets from Requirement 1. Pierpont Computer Company Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Assume Pierpont 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, Pierpont Computer Company incurred the following costs while manufacturing 1,300 PCC model tablets: : (Click the icon to view the actual costs.) Read the requirements. Requirement 2. Using 1,200 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $871,000. The company sold 1,300 tablets. (Enter a "O" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Review the flexible budgets from Requirement 1. Pierpont Computer Company Flexible Budget Performance Report For the Month Ended September 30 (1)-(3) (3) - (5) Flexible Sales Budget Amounts Per Unit Actual Flexible Volume Static Budget Variance Results Budget Variance Budget Units Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin DDDDDDD Fixed Costs Operating Income Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later H UVULIOL U PO 111 TULIVUPU POUUDIO Assume Pierpont 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, Pierpont Computer Company incurred the following costs while manufacturing 1,300 PCC model tablets: (Click the icon to view the actual costs.) Read the requirements Per Unit Results Variance Budget Variance Budget Units Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin DDDDDDD Fixed Costs Operating Income Requirement 3. What insights can the management of Pierpont Computer Company draw from the performance report? The in sales volume, from the expected sales of tablets to the actual sales of in in operating income of $ for the month, the amount of the Also, the tablet sold for an average of $ each L than expected tablets, resulted variance. Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later