In :10 :ID _= pa; ezto.mheducation.com Ch 8 HM - Acsso'rs 0 Saved Help 5m 1: Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 21 Antuan Company set the following standard costs for one unit of its product. Direct materials [4.0 lbs. 0 $6.00 per Ib.) $24.00 Part1of4 Direct labor [1.9 hrs. 9 $11.00 per hr.) 20.90 - Overhead {1.9 hrs. $13.50 per hr.) 35.15 Total standard cost $30 - 05 9 Poms The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per mo nth. Following are the company's budgeted overhead costs per month at the 75% capacity level. Overhead Budget {75% Capacity] Variable overhead costs Indirect materials $ 15 , 0 0i] Indirect labor T5 , 0 00 Power 15 , 0 0i] Repairs and maintenance 30 , 0 00 Total variable overhead costs $ 135 , 0 00 Fixed overhead cos ts Deprec iationBui lding 25 , 0 00 Degree iationMachinery '1' l .. 0 00 Taxes and insurance 1? , 0 0i] Supervision 2?9 , 2 50 Total fixed overhead costs 392 , 250 Total overhead cos ts $ 527 f 2 50 Mc \"3 Graw ( rst 21 22 23 24 of 24 Next ) Hill In In II] _= we: eztomheducationcom Ch a Hill - Acsao'rs 0 Saved Help 5m at Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. it does not indicate completion. Return to question 21 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials [61,500 Ihs. E $6.20 per 1h.) $ 381,300 Direct labor [21,000 hrs. S $11.40 per hr.) 239,400 Part 1Of4 Overhead costs - Indirect materials $ 4 1 , 750 Indirect labor 1?6, 100 Power 17, 250 9 Repairs and maintenance 34 , 5|] 0 points DepreciationHui 1ding 25, out: DepreciationMachinery 95, 85!) Taxes and insurance 15,300 Supervision 279,250 685,000 Total costs $1v305-TOD Required: 1&2. Prepare exible overhead budgets for October showing the amounts of each variable and xed cost at the 65%, 15%. and 85% capacityI levels and classify all items listed in the fixed budget as variable or xed. 6 Answer Is not com plete. Mc m rw ( FLEX 21 22 23 24 of 24 III: II: :II: _= eztomhedLlcation.com Ch 8 H10! - AC63073 a stirred Help Save 2 Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 21 ' ' ' ' oRequired Infonnatlon Pan: 1 of 4 - gem Sales (in units) 13.0000 15,0000 17,0000 Variable overhead c.0615 indirect materials 0 $ 1.000 13,0000 15,0000 17,0000 indirect labor 0 5.000 55,0000 75,0000 05,0000 Power 0 1.000 13,0000 15,0000 17,0000 Repairs and maintenanoe 0 2.000 30 ,0000 45,0000 51,0000 Total variable coals 0 $ 0.00 130,000 150,000 170,000 Fixed overhead costs DepreciationBuilding 0 $ 25,0000 DepreciationMachinery 0 71,0000 Taxes and insuranoe 0 17,0000 Supervision 0 2702500 2702500 2702500 2702500 Total xed caste 0 302250 270 250 270250 270250 Total overhead costs MC : m... = m Graw ( Erma : 21 22 23 24 : of 24 :g: Next ) Hill In In ID _= we: ezto.mheducation.com Ch 8 HM - Aceao'rs 0 Saved Help 5m at Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Pa\" 2 0M 3. Compute the direct materials cost variance. including its price and quantity variances. (Indicate the effect of each variance by selecting for favorable, unfavorable. and No variance} 9 9 Answer Is not com late points P ' Actual quantity 0 1 Actual price 0 Actual quantity 0 x Standard price 0 Standard quant 23,0009 x x $ 0 $ 0 Direct materials price variance 0 $ 0 Direct materials quantity variance 0 D Total direct materials variance 0 MC can no Graw
