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1) Gundy Company expects to produce 1,310,400 units of Product XX in 2017. Monthly production is expected to range from 82,900 to 112,900 units. Budgeted variable manufacturing costs per unit are direct materials $4, direct labor $8, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 15,000 unit increments. (List variable costs before fixed costs.)

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2) Gundy Company expects to produce 1,263,600 units of Product XX in 2017. Monthly production is expected to range from 83,100 to 122,700 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $3. In March 2017, the company incurs the following costs in producing 102,900 units: direct materials $438,600, direct labor $614,400, and variable overhead $1,036,000. Actual fixed costs were equal to budgeted fixed costs. Prepare a flexible budget report for March. (List variable costs before fixed costs.)

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3) In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2017 were as follows.

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4) Torres Company accumulates the following summary data for the year ending December 31, 2017, for its Water Division, which it operates as a profit center: sales$2,039,800 budget, $2,207,800 actual; variable costs$1,010,200 budget, $1,052,700 actual; and controllable fixed costs$295,300 budget, $304,600 actual. Prepare a responsibility report for the Water Division.

GUNDY COMPANY Monthly Flexible Manufacturing Budget For the Year 2017 Finished Units Direct Labor Fixed Costs Supervision Total Costs Depreciation Direct Materials Overhead Total Fived Cnete GUNDY COMPANY Manufacturing Flexible Budget Report For the Month Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Depreciation Direct Labor Direct Materials Fixed Costs Overhead Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs Units Produced Were costs controlled Yes No LINK TO TEXT Indirect materials Indirect labor Utilities Supervision Budget $14,200 20,100 10,700 4,800 Actual $13,400 20,700 11,400 4,800 All costs are controllable by the department manager. Prepare a responsibility report for April for the cost center. HANNON COMPANY Assembly Department Manufacturing Overhead Cost Responsibility Report For the Month Ended April 30, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Cost Budget Actual TORRES COMPANY Water Division Responsibility Report For the Year Ended December 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual