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Check my work Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) Brodrick Company
Check my work Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) Brodrick Company expects to produce 20,200 units for the year ending December 31. A flexible budget for 20,200 units of production reflects sales of $545,400; variable costs of $60,600; and fixed costs of $143,000. QS 21-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $671,500 (26,500 units), actual variable costs for the year are $113,900, and actual fixed costs for the year are $131,000. Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable/ Unfavorable Sales Variable expenses Contribution margin 0 0 Unfavorable Unfavorable Unfavorable Favorable Unfavorable Fixed expenses Income from operations $ 0 $ 0 Ch Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $16 per kg and 0.25 direct labor hours at $18 per hour. Overhead is assigned at the rate of $36 per direct labor hour. QS 21-5 Standard cost card LO P2 What amounts would appear on a standard cost card for BatCo? (Round your final answers to 2 decimal places.) Std. Cost Qty per Unit Cost per Input per Unit Direct materials Direct labor Overhead Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below. BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $16 per kg and 0.25 direct labor hours at $18 per hour. Overhead is assigned at the rate of $36 per direct labor hour. QS 21-6 Cost variances LO P2 Assume the actual cost to manufacture one metal bat is $51.50. Compute the cost variance and classify it as favorable, unfavorable or no variance. Qty per Unit Cost per Input Total Direct materials Direct labor Overhead
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