Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please only do part c part a and b were already been done thanks Assuming the rotomolded line is treated as a cost center prepare

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
please only do part c
part a and b were already been done
thanks
Assuming the rotomolded line is treated as a cost center prepare a Bexible budget report for manufacturing for the quarter ended March 31, 2020, when 1.000 units were produced (List variable costs before fixed costs. Round answers to decimal places, e.o. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 Neither Favorable nor Unfavorable Budget Actual Weygandt, Financial and Managerial, 3e Help System Announcements CALCULATOR PRINTER Click If you would like to show Work for this question Current Designs 23 a-c (Part Level Submission) The Swifty staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 3.800 kayaks during 2020. Each kayak will require 62 pounds of polyethylene powder and a finishing kit (roce, Seat, hardware, etc.). The polyethylene power used in these kayaks costs $1.00 per pound, and the finishing Kits cost $190 each. Each kayak will use two kinds of labor-2 hours of type tabor from people who run the oven and trim the plastic and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type temployees are paid 517 per hour, and the type II are paid $14 per hour Manufacturing overhead is budgeted at $399,800 for 2020, broken down as follows. Vanable costs $45.600 Inoret materials Manufacturing supplies Maintenance and is 57.000 98.800 201.400 2000 Fixed costs Supervision Insurance Deorication Total During the first quarter, ended March 31, 2020, 1.000 units were actual produced with the following Dovetere powder 5632920 Singing its 190,340 Type labor 34.000 Type I lobo Indirect materials Maintenance and utilities 98,800 201,400 Fixed costs Supervision Insurance Depreciation 72,000 15,200 111,200 198,400 $399,800 Total . dy During the first quarter, ended March 31, 2020, 1,000 units were actually produced with the following costs. Polyethylene powder $63,820 Finishing kits 190,340 Type i labor 34,000 Type II labor 43,120 Indirect materials 12,000 Manufacturing supplies 15,028 Maintenance and utilities 28,670 Supervision 15,600 Insurance 3,800 Depreciation Total $434,178 27.800 (a) CALCULATOR PI (a) Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) SWIFTY Rotomolded Line Manufacturing Budget For the Year Ended December 31, 2020 Units to be produced 3800 Variable costs Polyethylene Powder 235600 Finishing Kits 222000 Labor - Type 1 129200 Labor - Type II 159600 Indirect Materials 45600 Manufacturing Supplies Maintenance and Utilities SOURCES Total Variable costs 1447800 Fixed Costs Supervision ed Insurance Depreciation Total Fixed Costs I 198400 bmission 1646200 by Study Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO TEXT By accessing this question Assistance, you will learn while you earn points based on the point potential Policy set by your instructor (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before Round answers to decimal places, 6.0.125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 350 Units to be produced Vanable costs Polyethylene Powder 52000 Finishing Kits 190000 Labor - Type 34000 Labor - Type II 42000 Indirect Materials 2000 Manufacturing Supoles Maintenance and u s CALCULATOR PRINTE Tabor - Type II I 357001 399000 42009 12000 | Indirect Materials 102001 - T T T Manufacturing Supplies 11400 14250 24700 12750 1 - 15000 26000 T Maintenance and Utilities - 1 T Total Variable Costs 381000 Food Costs Supervision T 18000 5 Insurance 38 T 3800 - Depreciation T 27800 27800 496001 373450 27800 49600 411550 49600 Total Cor 430600 Click If you would like to show Work for this question: Open Show Work SHOW SOLUTION Current Designs 23 a-c (Part Level Submission) The Swifty staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 3,800 kayaks during 2020. Each kayak will require 62 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.00 per pound, and the finishing kits cost $190 each. Each kayak will use two kinds of labor-2 hours of type I labor from people who run the oven and trim the plastic, and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type I employees are paid $17 per hour, and the type II are paid $14 per hour. Manufacturing overhead is budgeted at $399,800 for 2020, broken down as follows. 545,600 Variable Indirect materials Manufacturing supplies Me s 98.800 Deprecation During the first quarter, ended March 31, 2020, 1,000 units were actually produced with the following costs. Polyethylene powder 561.830 Type I labor Type Il labor Maintenance and is 28,630 15.600 (a) Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) Rotomolded Line For the Year Ended December 31, 2020 EYPLUS Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) for the Year Ended December 31, 2020 30 bor Type abortypell direct Materials Click you would like to show W orthique TO TET T O TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before fixed costs. Round answers to decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 nits to be produced (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before fixed costs. Round answers to O decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 Van Costs Pohon Power Click if you would like to show Work for this questio n s By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts 2 of 4 used You have surpassed the number of attemps w to earn Maximum Points for this question for this templand s (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2020, when 1,000 units were produced. (List variable costs before fixed costs. Round answers to o decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 ley PLUS WeromFinancial and Manager Total Costs Click if you would to show work for She By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. You have surprised the number of them toca Maximum Points for this question. For hittemot, and any w ent Potential policy set by your instructor (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2020, when 1,000 units were produced. (List variable costs before fixed costs. Round answers to O decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. LATE Assuming the rotomolded line is treated as a cost center prepare a Bexible budget report for manufacturing for the quarter ended March 31, 2020, when 1.000 units were produced (List variable costs before fixed costs. Round answers to decimal places, e.o. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 Neither Favorable nor Unfavorable Budget Actual Weygandt, Financial and Managerial, 3e Help System Announcements CALCULATOR PRINTER Click If you would like to show Work for this question Current Designs 23 a-c (Part Level Submission) The Swifty staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 3.800 kayaks during 2020. Each kayak will require 62 pounds of polyethylene powder and a finishing kit (roce, Seat, hardware, etc.). The polyethylene power used in these kayaks costs $1.00 per pound, and the finishing Kits cost $190 each. Each kayak will use two kinds of labor-2 hours of type tabor from people who run the oven and trim the plastic and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type temployees are paid 517 per hour, and the type II are paid $14 per hour Manufacturing overhead is budgeted at $399,800 for 2020, broken down as follows. Vanable costs $45.600 Inoret materials Manufacturing supplies Maintenance and is 57.000 98.800 201.400 2000 Fixed costs Supervision Insurance Deorication Total During the first quarter, ended March 31, 2020, 1.000 units were actual produced with the following Dovetere powder 5632920 Singing its 190,340 Type labor 34.000 Type I lobo Indirect materials Maintenance and utilities 98,800 201,400 Fixed costs Supervision Insurance Depreciation 72,000 15,200 111,200 198,400 $399,800 Total . dy During the first quarter, ended March 31, 2020, 1,000 units were actually produced with the following costs. Polyethylene powder $63,820 Finishing kits 190,340 Type i labor 34,000 Type II labor 43,120 Indirect materials 12,000 Manufacturing supplies 15,028 Maintenance and utilities 28,670 Supervision 15,600 Insurance 3,800 Depreciation Total $434,178 27.800 (a) CALCULATOR PI (a) Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) SWIFTY Rotomolded Line Manufacturing Budget For the Year Ended December 31, 2020 Units to be produced 3800 Variable costs Polyethylene Powder 235600 Finishing Kits 222000 Labor - Type 1 129200 Labor - Type II 159600 Indirect Materials 45600 Manufacturing Supplies Maintenance and Utilities SOURCES Total Variable costs 1447800 Fixed Costs Supervision ed Insurance Depreciation Total Fixed Costs I 198400 bmission 1646200 by Study Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO TEXT By accessing this question Assistance, you will learn while you earn points based on the point potential Policy set by your instructor (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before Round answers to decimal places, 6.0.125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 350 Units to be produced Vanable costs Polyethylene Powder 52000 Finishing Kits 190000 Labor - Type 34000 Labor - Type II 42000 Indirect Materials 2000 Manufacturing Supoles Maintenance and u s CALCULATOR PRINTE Tabor - Type II I 357001 399000 42009 12000 | Indirect Materials 102001 - T T T Manufacturing Supplies 11400 14250 24700 12750 1 - 15000 26000 T Maintenance and Utilities - 1 T Total Variable Costs 381000 Food Costs Supervision T 18000 5 Insurance 38 T 3800 - Depreciation T 27800 27800 496001 373450 27800 49600 411550 49600 Total Cor 430600 Click If you would like to show Work for this question: Open Show Work SHOW SOLUTION Current Designs 23 a-c (Part Level Submission) The Swifty staff has prepared the annual manufacturing budget for the rotomolded line based on an estimated annual production of 3,800 kayaks during 2020. Each kayak will require 62 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). The polyethylene powder used in these kayaks costs $1.00 per pound, and the finishing kits cost $190 each. Each kayak will use two kinds of labor-2 hours of type I labor from people who run the oven and trim the plastic, and 3 hours of work from type II workers who attach the hatches and seat and other hardware. The type I employees are paid $17 per hour, and the type II are paid $14 per hour. Manufacturing overhead is budgeted at $399,800 for 2020, broken down as follows. 545,600 Variable Indirect materials Manufacturing supplies Me s 98.800 Deprecation During the first quarter, ended March 31, 2020, 1,000 units were actually produced with the following costs. Polyethylene powder 561.830 Type I labor Type Il labor Maintenance and is 28,630 15.600 (a) Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) Rotomolded Line For the Year Ended December 31, 2020 EYPLUS Your answer is correct. Prepare the annual manufacturing budget for 2020, assuming that 3,800 kayaks will be produced. (List variable costs before fixed costs.) for the Year Ended December 31, 2020 30 bor Type abortypell direct Materials Click you would like to show W orthique TO TET T O TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before fixed costs. Round answers to decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 nits to be produced (b) Your answer is correct. Prepare the flexible budget for manufacturing for the quarter ended March 31, 2020. Assume activity levels of 850, 950, and 1,000 units. (List variable costs before fixed costs. Round answers to O decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 Van Costs Pohon Power Click if you would like to show Work for this questio n s By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts 2 of 4 used You have surpassed the number of attemps w to earn Maximum Points for this question for this templand s (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2020, when 1,000 units were produced. (List variable costs before fixed costs. Round answers to o decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 ley PLUS WeromFinancial and Manager Total Costs Click if you would to show work for She By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. You have surprised the number of them toca Maximum Points for this question. For hittemot, and any w ent Potential policy set by your instructor (c) Assuming the rotomolded line is treated as a cost center, prepare a flexible budget report for manufacturing for the quarter ended March 31, 2020, when 1,000 units were produced. (List variable costs before fixed costs. Round answers to O decimal places, e.g. 125.) SWIFTY Rotomolded Line Manufacturing Flexible Budget Report For the Quarter Ended March 31, 2020 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. LATE

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

Step: 3

blur-text-image

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

Internal Auditing An Integrated Approach

Authors: Richard E. Cascarino

2nd Edition

0702172693, 978-0702172694

More Books

Students also viewed these Accounting questions

Question

understand the key issues concerning international assignments

Answered: 1 week ago