can you help solve for the SAME BUDGETED LUMP SUM REGARDLESS OF OUTPUT LEVEL and FLEXIBLE BUDGET
The Best Manufacturing Company's costing system has two direct-cost categories direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DMLH). At the beginning of 2020, Beal adopted the following standards for its manufacturing costs Click to view the standards Click to view additional information) Read the requirements ore Requirement 1. Prepare a schedule of total standard manufacturing costs for the 7.600 output units in January 2020 Direct materials 5 152000 Direct manufacturing labor 486 400 Variable manufacturing overhead 243 200 bod Fed manufacturing overhead 273 600 Total 1.155 200 Requitement 2. For the month of January 2020.compute the variances, indicating whether each is favorable (F) or unfavorable (U) Before computing the variances complete the tables below Begin by completing the table for direct materials DAC 24 Actual Input Quantity Budgeted Price Achal Costs cond Purchases 151300 Usage 149200 Flexible Budget Heinmal The Beat Manufacturing Company's costing system has two direct cost categories direct materials and direct manufacturing labor. Manufacturing overhead (both vadable and fored) is allocated to products on the basis of standard direct manufacturing labor hours (DMLH) At the beginning of 2020. Beal adopted the following Standards for its manufacturing costs Click to view the standards) (Click to view additional information) Read the Legii ed corel Actual Input Quantity Budgeted Price Actual Costs Incinted 1 153.100 Decals Purchases 5161200 Usage $ 149 200 Flexible Budget 3152 000 1. Dicence based on purchases. bos 5 8080 F The donc variances 3230 F -Revien Nou complete the table for direct labor Actual Costs Actual Input Quantity Incurred Budgeted Price Dwed Manufacturing Labor 5510250 SAZ 400 Flexible Budget S105.400 24 The manufacturing labot price varices $7050 6. The managency variance U Help me solve this The Beal Manufacturing Company's costing system has two direct-cost categories direct materials and direct manufacturing labor Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor hours (DMLH). At the beginning of 2020, Beal adopted the following standards for its manufacturing costs Click to view twin standards) Click to view additional information) Read the reguitement de Ore FILE 502 400 Uue 5 486 400 Direct Marvutacturing Labor 5510250 5 c. The direct manufacturing labor price variance is $7,8500 d. The direct mailing laborellidency valance is $16.000 U 14. (500 Next complete the table for variable overhead Actual input Actual Costs Quantity Budgeted Flexible Incurred Price Budget Variable Manufacturing Overhead 5 251,200 $ 243.200 Review Finally, complete the table for fred overhead Same Budgeted Lump Actual Costs Sum Regardless of Flexible DAC 24 incurred Output Level Budget Fred Manufacturing Overhead Allocated Overhead 5 243,200 Allocated Overhead 547200 Data tables The denominator level for total manufacturing overhead per month in 2020 is 37.000 direct manufacturing labor-hours. Beal's budget for January 2020 was based on this denominator level. The records for January indicated the following Direct materiais purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production 40 300 b at $3.80 per lb. 37 300D 31.400 hrs. at $16.25 per hr $650 000 7 600 output units cing Print Done table - x Data table Cost per Output Unit $ 20.00 Input 5 lbi at $4 per lb 4 hrs at $16 per hr S8 per DMLH 64.00 Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Standard manufacturing cost per output unit 32.00 36.00 59 per DMLH 152.00 Print Done
