Answered step by step
Verified Expert Solution
Question
1 Approved Answer
do not copy paste from other answers please !! ABC Company MOH Budget for January, 2022 Variable costs: Indirect Material (5 TL per DL hour)
do not copy paste from other answers please !!
ABC Company MOH Budget for January, 2022 Variable costs: Indirect Material (5 TL per DL hour) Indirect Labor (4 TL per DL hour) Maintenance (1 TL per DL hour) Utilities (0,5 TL per DL hour) 5,000 4,000 1,000 500 10,500 Fixed costs: Supervisory 2,000 Depreciation 2,000 Insurance 500 Rent 1,000 5,500 Total MOH Costs 16,000 Company planned to produce 4,000 boxes of ABC boxes in January 2003. Each box requires 15 minutes of direct labour (1/4 DL hour). Managerial accountant prepared the MOH budget for January (presented above). Actual production was 3,600 boxes and fixed overhead costs were exactly the same, however actual variable overhead costs are: indirect material 4,900 TL; indirect labor 3,400 TL; maintenance 1,100 TL; utilities 550 TL. Supervisor can control all costs other than supervisory, depreciation and insurance. a) Prepare a responsibility report of supervisor for jan 2003Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started