Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me with the last three questions Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX
please help me with the last three questions
Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX Product ZZZ Estimated beginning inventory 30,200 units 19,000 units Desired ending inventory 34,700 units 15,100 units Region I, anticipated sales 302,000 units 279,000 units Region II, anticipated sales 196,000 units 146,000 units The unit selling price for product XXX is $6 and for product ZZZ is $16. Budgeted production for product XXX during the month is a. 502,500 units b. 532,700 units c. 493,500 units Od. 498,000 units Consider Derek's budget information: materials to be used totals $64,000; direct labor totals $201,500; factory overhead totals $398,300; work in process inventory January 1 is $187,900; and work in progress inventory on December 31 is $196,200. The budgeted cost of goods manufactured for the year is a. $663,800 b. $851,700 Oc. $655,500 Od. $196,200 Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,660 pounds of material at $5.10 and standard cost for 4,420 pounds of material at $6.00 per pound. The direct materials price variance is a. $1.440 favorable b. $1,440 unfavorable Oc. $4,194 unfavorable Cd. $4,194 favorable Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started