Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases regular and deluxe. Presented is standard cost information for each model Cost

image text in transcribed
Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases regular and deluxe. Presented is standard cost information for each model Cost Components Regular Deluse Direct materials 2 board feet x s4 Lumber s8.00 3 board feetx s4512.00 Assembly kit 200 200 125 hours S4H Direct labor 1 hour x $4 400 5.00 Variable overhead 200 125 abor hrs. x52 $16.00 1 abor hr xs 2 250 $ 21.50 Total Budgeted fixed manufacturing overhead is $12,000 per month. During July, the company produced 5,000 reguiar and 3,000 deluxe storage cases while incurring the following manufacturing costs Direct materials 99,000 36.000 Direct labor 14.000 Variable overhead Fred overhead 15.500 s 164.500 Total Prepare a flexible budget performance report for the july manufacturing activities Flesible Budget Flexible Budget Variance Actual Volume Regular 0x Dele Yariable Cost Direct maneras Lumser Regua Deluse Assembly k Regu Delure Total Direct labar Regular Delue 0U 0w aae hea 0M Regvier Deluse Yate U Telal Check Coarch WAlinddoum

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Accounting And Control A Managerial Emphasis

Authors: Sidney J. Gray, Stephen B. Salter, Lee H. Radebaugh

1st Edition

0471128082, 978-0471128083

More Books

Students also viewed these Accounting questions