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please fill out the table using the provided data andwords. words provided to choose for some of the blanks are: overallcated,underalocated,more,less efficiently, more efficiently than,favorable

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please fill out the table using the provided data andwords. words provided to choose for some of the blanks are: overallcated,underalocated,more,less efficiently, more efficiently than,favorable ,unfavorable

Current bottle production information Requirement 4. What other benefits might arise from making this change to using less plastic in the manufacture of the bottles? Are there any risks? The company will recognize cost savings once financial benefits, but also the company will company faces the risk that batches have been produced. Not only will the company reap The Requirements 1. Compute the total manufacturing overhead variance. What does this tell management? 2. Compute the overhead flexible budget variance. What does this tell management? 3. Compute the production volume variance. What does this tell management? Requirement 2. Compute the overhead flexible budget variance. What does this tell management? Identify the formula labels and compute the overhead flexible budget variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) What does the overhead flexible budget variance tell management? This variance tells managers that Earthern Ware actually incurred \\( \\$ \\) for manufacturing overhead than they would have expected for the actual volume produced during the year. Data table Bottle design and production process Proposed changes to bottle design and production process: The container division manager is considering having both the bottle redesigned and the bottle production process reengineered so that the plastic usage would drop by \30 overall due both to generating less scrap in the manufacturing process and using less plastic in each bottle. In addition to decreasing the amount of plastic used in producing the bottles, the additional following benefits would be realized: a. Direct labour hours would be reduced by \20 because less scrap would be handled in the production process. b. Total estimated variable manufacturing overhead would be reduced by \10 because less scrap would need to be hauled away, less electricity would be used in the production process, and less inventory would need to be stocked. Requirement 3. Calculate the cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change). Assume that the total cost to implement the changes would be \\( \\$ 248,400 \\). How many batches of bottles would need to be produced after the change to have the cost savings total equal the cost to make the changes? (Enter your answer to the nearest cent.) The cost savings per batch is \\( \\$ \\) Assume that the total cost to implement the changes would be \\( \\$ 248,400 \\). How many batches of bottles would need to be produced after the changes to have the cost savings total equal the cost to make these changes? First, select the formula to compute the number of batches to recoup the cost of implementing the change, and then compute the number of batches. (Round the number of batches to the nearest whole number and all other amounts to the nearest cent.) Wellsley Containers currently uses a recycled plastic to make bottles for the food industry. (Click the icon to view the current bottle production information.) The variable manufacturing overhead rate is based on total estimated variable manufacturing overhead of \\( \\$ 500,000 \\) and estimated total DLH of 10,000. Wellsley allocates its variable manufacturing overhead based on direct labour hours (DLH). (Click the icon to view the proposed changes to bottle design and production process.) Requirement 1. Calculate the standard cost per batch of 10,000 bottles using the current data (before the company makes any changes). Include direct materials, direct labour, and variable manufacturing overhead (MOH) in the standard cost per unit. Requirement 1. Compute the total manufacturing overhead variance. What does this tell management? Identify the formula labels and compute the total manufacturing overhead variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) What does the total manufacturing overhead variance tell management? This variance tells managers that Earthern Ware manufacturing overhead by \\( \\$ \\) First, select the formula to compute the number of batches to recoup the cost of implementing the change, and then compute the number of batches. (Round the number of batches to the nearest whole number and all other amounts to the nearest cent.) \\[ \\begin{array}{l} \\text { Number of batches to } \\\\ \\mid=\\text { recoup cost of implementing } \\\\ = \\end{array} \\] Requirement 4. What other benefits might arise from making this change to using less plastic in the manufacture of the bottles? Are there any risks? The company will recognize cost savings once financial benefits, but also the company will batches have been produced. Not only will the company reap The Data table hours. Requirement 3. Compute the production volume variance. What does this tell management? Identify the formula labels and compute the production volume variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) What does the production volume variance tell management? This variance tells managers that \\( \\$ \\) of the total overhead variance arose because Earthern Ware produced bottles than originally expected. It is because Earthern Ware used its plant capacity originally anticipated. Requirements 1. Calculate the standard cost per batch of 10,000 bottles using the current data (before the company makes any changes). Include direct materials, direct labour, and variable manufacturing overhead in the standard cost per unit. 2. Calculate the standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used. Include direct materials, direct labour, and variable manufacturing overhead in the standard cost per unit. 3. Calculate the cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change). Assume that the total cost to implement the changes would be \\( \\$ 248,400 \\). How many batches of bottles would need to be produced after the change to have the cost savings total equal the cost to make the changes? 4. What other benefits might arise from making this change to using less plastic in the manufacture of the bottles? Are there any risks

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