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I need these questions answered by 11:20 so I can compare with my answers before midnight submission. Buis Corporation, which makes landing gears, has provided

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I need these questions answered by 11:20 so I can compare with my answers before midnight submission.

image text in transcribed Buis Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 1,700 gea Standard machine-hours per gear 5.8 ma Budgeted supplies cost $6.40 per Actual production 1,300 gea Actual machine-hours 8,000 ma Actual supplies cost (total) $49,792 Required: Determine the rate and efficiency variances for the variable overhead item supplies and indicate whe unfavorable. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wher each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero v response.) Sele Variable overhead rate variance Variable overhead efficiency variance $ F, U $ The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.4 Standard labor rate $20.20 The following data pertain to operations concerning the product for the last month: Actual hours worked 7,000 Actual total labor cost $142,100 Actual output 1,500 Required: What is the labor rate variance for the month? (Input the amount as a positive value. Leav a. "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, " no effect (i.e., zero variance). Omit the "$" sign in your response.) Labor rate variance b . $ F, U, or None What is the labor efficiency variance for the month? (Input the amount as a positive value. Leave "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for effect (i.e., zero variance). Omit the "$" sign in your response.) Labor efficiency variance $ Silmon Corporation makes a product with the following standard costs: Standard Quantity Standard Price or Hours or Rate F, U, or Direct materials 5.5 grams $ Direct labor 0.5 hours $ Variable overhead 0.5 hours $ In June the company produced 4,800 units using 27,650 grams of the direct material and 2,640 direc company purchased 24,700 grams of the direct material at a price of $6.80 per gram. The actual dire and the actual variable overhead rate was $1.90 per hour. The materials price variance is computed w Variable overhead is applied on the basis of direct labor-hours. Required: Compute the following variances for raw materials, direct labor, and variable overhead, assuming tha recognized at point of purchase: (Input all amounts as positive values. Do not round intermediate calc certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favora for no effect (i.e., zero variance). Omit the "$" sign in your response.) a. Direct materials quantity variance $ b. Direct materials price variance $ c. Direct labor efficiency variance $ d. Direct labor rate variance $ e. Variable overhead efficiency variance $ f. Variable overhead rate variance $ Fabio Corporation is considering eliminating a department that has a contribution margin of $26,000 fixed costs, $18,000 cannot be avoided. The effect of eliminating this department on Fabio's overall n a decrease of $48,000. an increase of $48,000. a decrease of $30,000. an increase of $30,000. Lusk Company produces and sells 14,100 units of Product X each month. The selling price of Product expenses are $17 per unit. A study has been made concerning whether Product X should be discontin of the $104,000 in fixed expenses charged to Product X would continue even if the product was disco Product X is discontinued, the company's overall net operating income would: rev: 10_16_2014_QC_56453 decrease by $54,600 per month increase by $19,400 per month increase by $49,400 per month decrease by $49,400 per month The management of Heider Corporation is considering dropping product H58S. Data from the compan below: Sales Variable expenses Fixed manufacturing expenses Fixed selling and administrative expenses In the company's accounting system all fixed expenses of the company are fully allocated to products that $253,000 of the fixed manufacturing expenses and $214,000 of the fixed selling and administrat product H58S is discontinued. What would be the effect on the company's overall net operating incom Overall net operating income would decrease by $98,000. Overall net operating income would increase by $75,000. Overall net operating income would increase by $98,000. Overall net operating income would decrease by $75,000. Barrus Corporation makes 39,000 motors to be used in the productions of its power lawn mowers. Th level of activity is as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead This motor has recently become available from an outside supplier for $24.85 per motor. If Barrus dec of the fixed manufacturing overhead would be avoidable and there would be no other use for the faci making the motor, how much higher or lower will the company's net operating income be than if the outside supplier? Assume that direct labor is a variable cost in this company. $74,100 lower $243,750 higher $103,350 higher $177,450 higher Gwinnett Barbecue Sauce Corporation manufactures a specialty barbecue sauce. Gwinnett has the ca 21,000 cases of sauce each year but is currently only manufacturing and selling 19,500. The followin 19,500 cases: Variable manufacturing cost Fixed manufacturing cost Variable selling and administrative cost Fixed selling and administrative cost Gwinnett normally sells its sauce for $40 per case. A local school district is interested in purchasing G cases of sauce but only if they can get the sauce for $20 per case. This special order would not affect variable costs per unit. If this special order is accepted, Gwinnett's profits for the year will: increase by $750 decrease by $1,500 decrease by $19,500 decrease by $13,500 Wiacek Corporation has received a request for a special order of 5,000 units of product F65 for $28.5 cost is $27.85, determined as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Direct labor is a variable cost. The special order would have no effect on the company's total fixed ma customer would like modifications made to product F65 that would increase the variable costs by $4. an investment of $15,000 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare order. If the special order is accepted, the company's overall net operating income would increase (de $(35,750) $4,750 $3,250 $(92,750) A customer has requested that Inga Corporation fill a special order for 2,600 units of product K81 for be modified slightly for the special order, product K81's normal unit product cost is $19.10: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Direct labor is a variable cost. The special order would have no effect on the company's total fixed ma customer would like modifications made to product K81 that would increase the variable costs by $1. an investment of $18,000 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare order. If the special order is accepted, the company's overall net operating income would increase (de $35,040 $(17,700) $18,200 $(2,400) Fahringer Corporation makes three products that use compound W, the current constrained resource. appear below: BJ XS Selling price per unit $104.82 $528.02 Variable cost per unit $ 81.92 $429.59 Centiliters of compound W 2.50 11.20 Rank the products in order of their current profitability from most profitable to least profitable. In othe order in which they should be emphasized. (Round your intermediate calculations to 2 decimal places XS,BJ,QR QR,BJ,XS BJ,QR,XS QR,XS,BJ Consider the following production and cost data for two products, L and C: Product L Contribution margin per unit $24 Machine-hours needed per unit 6 hours The company can only perform 14,000 machine hours each period, due to limited skilled labor and th product. What is the largest possible total contribution margin that can be realized each period? rev: 01_23_2015_QC_CS-5061 $56,000 $56,300 $70,000 $84,000 Wright Company produces products I, J, and K from a single raw material input. Budgeted data for the Product I Produ Units produced 1,900 2,400 Per unit sales value at split-off $14 $18 Added processing costs per unit $4 $6 Per unit sales value if processed further $23 $23 If the cost of the raw material input is $82,000, which of the products should be processed beyond th Product I Product J Pr A) yes yes no B) yes no ye C) no yes no D) no yes ye Option A Option B Option C Option D Coakley Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $58 to in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushi sold as is for $34 or processed further for $26 to make the end product industrial fiber that is sold for for $54 or processed further for $34 to make the end product refined sugar that is sold for $80. How m make by processing the intermediate product beet juice into refined sugar rather than selling it as is? rev: 08_07_2013_QC_33489 $(41) $(60) $(8) $(12) --Top of Form Two products, IF and RI, emerge from a joint process. Product IF has been allocated $27,300 of the to 2,200 units of product IF are produced from the joint process. Product IF can be sold at the split-off po processed further for an additional total cost of $10,200 and then sold for $13 per unit. If product IF i would be the effect on the overall profit of the company compared with sale in its unprocessed form d $33,900 less profit $5,800 less profit $18,400 more profit $21,500 more profit The management of Freshwater Corporation is considering dropping product C11B. Data from the com below: Sales Variable expenses Fixed manufacturing expenses Fixed selling and administrative expenses All fixed expenses of the company are fully allocated to products in the company's accounting system that $214,500 of the fixed manufacturing expenses and $125,500 of the fixed selling and administrat product C11B is discontinued. What would be the effect on the company's overall net operating income if product C11B were dropp Overall net operating income would decrease by $184,500. Overall net operating income would increase by $84,500. Overall net operating income would decrease by $84,500. Overall net operating income would increase by $184,500. Broze Company makes four products in a single facility. These products have the following unit produ Products A B Direct materials $15.00 $10.90 Direct labor 20.10 28.10 Variable manufacturing overhead 5.00 3.40 Fixed manufacturing overhead 27.20 35.50 Unit product cost $67.30 $77.90 Additional data concerning these products are listed below. Products A B C Grinding minutes per unit 4.50 6.00 5 Selling price per unit $76.80 $94.20 $ Variable selling cost per unit $2.90 $1.90 $ Monthly demand in units 4,700 4,700 3 The grinding machines are potentially the constraint in the production facility. A total of 54,300 minut machines. Direct labor is a variable cost in this company. How many minutes of grinding machine time would be required to satisfy demand for all four product 18,600 57,770 78,920 54,300

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