Question
Bushman Ltd is preparing its manufacturing overhead budget for 2022. Relevant data are as follows: 1. Units to be produced (by quarters): 10,000, 12,000, 15,000,
Bushman Ltd is preparing its manufacturing overhead budget for 2022. Relevant data are as follows: 1. Units to be produced (by quarters): 10,000, 12,000, 15,000, 18,000 2. Direct labour: 1.5 hours per unit 3. Variable overhead costs per direct labour hour Indirect materials $0.70 Indirect labour $1.20 Maintenance $0.50 4. Fixed overhead costs per quarter Supervisory salaries $35,000 Depreciation $16,000 Maintenance $15,000
The total fixed costs for the year is a. $140,000 b. $198,000 c. $264,000d. $462,000
How much is the total direct labour hours for the year? a. 55,000 b.82,500 c. 198,000 d. 140,000
The total manufacturing overhead costs for quarter 1 is a. $109,200 b. $102,000 c. $120,000 d. $130,800
How much are the total variable costs for quarter 4? a. 43,200 b. 36,000 c. 54,000 d. 64,800
The total fixed costs for quarter 3 is a. $55,000 b. $57,750 c. $64,000 d. $66,000
The total manufacturing overhead costs for the year is a. $130,800 b. $462,000 c. $500,000 d. $264,000
How much is the total direct labour hours for quarter 4? a. 27,000 b. 22,500 c. 18,000 d 15,000
How much are the total variable costs for quarter 2? a. 43,200 b. 36,000 c. 54,000 d. 64,800
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Accounting For Governments From Budget To Audit How Governments Plan Raise Spend And Then Account For Their Use Of Citizens Money In The 21st Century
Authors: Michael Parry, Jesse Hughes
1st Edition
1092763112, 978-1092763110
