just need part B answered

Required: Comprehensive Problem Rock Comprehensive Problems Part A: Note: You must complete part A before completing parts and C Genuine Spice In been operations on January 1 of the current year. The company produces Sounce bottles of hand and body lotion called flera Beacy. The lotion is sold wholessen 12-tome cases for 1100 per case. There is a selling commission of $20 per case. The January direct materials, direct sabor, and factory overhead costs are as follows: DIRECT MATERIALS Cost Units Cost Direct Materials Behavior per Case per Unit Cost per Case Cream Variable 1000L 10.00 12.00 wal Variable 30 os 0.30 9.00 Variable 18bottles 0.50 6.00 $17.00 Department Cost Behavior Varia DIRECT LABOR Time per Case 20 min 5 Labor Rate per Hour $10.00 14.40 Direct Labor Cort per Case 1.00 1.20 17.20 Variatie 25 min FACTORY OVERHEAD Cost Behavior Total Cont 5600 Mixed Deck My Won Cho My Woman Emanu Printem Total Cost Required: Comprehensive Problem Book FACTORY OVERHEAD Cost Behavior Us Med Fachty lease Fixed Equipment depreciation Fixed Supplies Fixed 100 14.000 4,300 660 $19,560 Part A-Break-Even Analysis The management of Genuine Spion Inc. wishes to determine the number of cases required to break even per month. The tits cost, which is part of factory over the women was gathered from the first six months of operation regarding this costi Month Case Production tility Total Cost January 500 $600 February 800 660 March 1.200 740 1.100 720 way 950 690 1.025 205 Required 1. Demne theme and a portions of the unity cost using the righ low method found the per unit cost to the nearest cent At the High Point At the Low Point 0.20 0.20 Tlf.com SOD 500 Orly worth My Worming Era Save and Dung Gading Required: 1. Determine the end and variable portions of the utility cost using the high-low method. Round the per unit cost to the nearest cent. At the High Point At the Low Point Variable cost per unit 0.20 0.20 Total axed cost 500 500 Total cost 740 600 2. Determine the contribution margin per case. Enter your answer to the nearest cent. Contribution margen per case 55.60 3. Determine the feed costs per month, including the utility fixed cost from part (1) e cost (from part 1) 500 Facility lease 14,000 Equipment depreciation 4,300 ples 660 19,460 Det the break-even number of cases per month 350 cases Oy de reconegut and lowest costs by the aference between the highest and west production uns. May the variable sout by the number of ushtrohet 2. bicos con un Des My WON more Check yorumeining er 100 Emator Sewa Amante Comprehensive Problems Part 3: Note: This section in a continuation trom Por A of the comprehensive problem. Be sure you have completed Put A before attorpting Port B. You may have to refer back to dara presented in Port x and we wen A from Put A when completing this section Genuine Spice the begin operations on Sawy 1 of the current year. The company produces t-tunce bottles of hand and body lotion called tema Beauty Tienia wild which 12 botes for our There is a sering commission of $20 per case. The January direct materials, drect laber, and factory overhead costs we as follows: DIRECT MATERIALS Cost Units Cost Direct Materials Behavior per Case per Unit Cost per Case Variable 100 50.02 $2.00 Natural Variable 30 ors 0.30 9.00 1-) Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Time per Case Cost Behavior Dartment Labor Rate per Hours $18.00 14.40 20 min 5 Direct Labor Cost per Care $6.00 1.20 17.20 Var 25 min FACTORY OVERHEAD Cost Behavior Total Cost MOO M CH WOW tma und un M FACTORY OVERHEAD Cost Behavior Total Cost tes Mixed $600 Facility as Fixed 14,000 Equipment depreciation 4,300 Supplies Tied 660 $19,560 Part - August Budgets During of the current year, the management of Genuine Spice Inc. asked the controller to prepare August manufacturing and income statement budgets. Demand was expected to be on comes at $100 W tor August. Inventory planning Information is provided as follows: nished Goods Inventory Cases Cost Estimated the goods inventory, August 300 $12.000 Desireed goods entoryAugust 175 7,000 watory Cream Base (os) 250 Estimated materials inwentary, Augusti Desde entory, August Oils (ons) 290 360 Bottles (bottles) 600 240 1,000 There wile work in process weterynamed for either the beginning or end of the months thus, none was assumed. In addition, there was no change in the terrace operating data from January Ceny Wong Emain Set Sulfo There was neghole or in process inventory and for either the beginning or end of the month, thus, none was assumed. In addition, there was no change in the cost per te percase operating data from January Requiredi 5. Prepare the August production budget. Efter all amounts a positive numbers Genuine Spice Inc. Production Budget For the Month Ended August 31 Cases 1,500 175 1,675 300 1,375 w there was purchase det. Der Up unt price to the nearest.com. Unter anons positive numbers Genuine Spice Inc. Direct Materials Purchases Budget For the Month Ended August 31 Cream Base (or Natural ons (oz.) Bottles (bottles) 137.500 41,250 16,500 1,000 360 240 Total 250 son Det Wort non Check My Women Amante ma Sweat Required: Comprehensive Problem P ebook Printem 250 290 600 Estimated beginning inventory Direct materials to be purchased 138,250 41,320 16,140 Ust orice 0.02 0.30 0.50 Total direct materials to be purchased 2,765 12,396 8,070 23,231 7. Prepare the August direct labor cost budget. For hours required, round to nearest whole hour. For hourly rate, enter to the nearest cent, if required. Genuine Spice Inc. Direct Labor Cost Budget For the Month Ended August 31 Hours required for production of Mixing Filling Hand and body lotion 458 115 Total Hourly rate 18 14.4 Tutadest labor cost 8,244 1,656 9,900 Prepare the August factory overhead cost budget. If an amount box does not require an entry, leave it blank. Genuine Spice Inc. Factory Overhead Cost Budget For the Month Ended August 31 Fixed Variable Total Factory overheads 500 275 775 14,000 14,000 Cho My Wormare Check My Work uses raining Sub Emal instructor Pantom 8. Prepare the August factory overhead cost budget. If an amount box does not require an entry, leave it blank Genuine Spice Inc. Factory Overhead Cost Budget For the Month Ended August 31 Fixed Variable 500 275 Factory overhead: Total Utilities 775 Facility lease 14,000 14,000 4,300 Equipment depreciation Supplies 4,300 660 660 78 Total 19,460 275 19,735 9. Prepare the August budgeted Income statement, including selling expenses. Enter all amounts as positive numbers Genuine Spice Inc. Budgeted Income Statement For the Month Ended August Check My work more Check My Works remaining 9. Prepare the AUGUSE Budgeted income statement, including selling expensesenter mount as postuve numer Genuine Spice Inc. Budgeted Income Statement For the Month Ended August 31 Cost of direct materials for production Cost of goods sold Direct labor Direct materials inventory, August 1 Finished goods inventory, August 1 Finished goods inventory, August 31 Gross profit Income before income tax Sales Selling expenses Feb Check My Work 6. Expected sales plus desired anding inventory minus estimated beginning inventory equals production 6. Production quantity plus desired ending inventory minus estimated beginning inventory equal amount to be purchaned. Multiply quantity by und 7 Multiply direct labor hours required by the direct labor rate per hour Show all of the variable costs and all of the fixed costs 9. Prepare the August budgeted Income statement including seling expenses. Enter ar amoureuserve numbers: Genuine Spice Inc. Budgeted Income Statement For the Month Ended August 31 Feedback Check My Work 6. Expected sales plus desired ending inventory minus estimated beginning inventory equals production 6. Production quantity plus desired ending inventory minus estimated beginning inventory equals amount to be purchased. Mumply quan