{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-25T01:05:43-04:00", "answer_date": "2024-05-25 01:05:43", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1659214", "url": "\/study-help\/questions\/question-list-standard-costs-direct-materials-direct-labor-variable-overhead-1659214", "question_creation_date_js": "2024-05-25T01:05:43-04:00", "question_creation_date": "May 25, 2024 01:05 AM", "meta_title": "[Solved] Question list Standard Costs Direct mater | SolutionInn", "meta_description": "Answer of - Question list Standard Costs Direct materials Direct labor Variable overhead Fixed overhead Assume Pierre Computer Com | SolutionInn", "meta_keywords": "question,list,standard,costs,direct,materials,labor,variable,overhead,fixed,assume,pierre", "question_title_h1": " Question list Standard Costs Direct materials Direct labor Variable overhead Fixed overhead Assume Pierre Computer Company has created a standard cost card for the", "question_title": " Question list Standard Costs Direct materials Direct labor Variable overhead Fixed", "question_title_for_js_snippet": "Question list Standard Costs Direct materials Direct labor Variable overhead Fixed overhead Assume Pierre Computer Company has created a standard cost card for the PCC model K tablet computer with overhead allocated based on direct labor hours (Click the icon to view the standard costs) $310 tablet 2 hours per tablet at $2 per hour 2 hours per tablet at $3 per hour 544,000 per month Requirements During the month of September, Piene Computer Company incumed the following costs while manufacturing 1,000 PCC model tablets (Click the icon to view the actual costs) 1 Prepare a flexible budget for September for 000, 900, and 1,000 PCC model tablets The tablet has a standard sales price of $650 List vanable costs separately 2 Uhing 900 PCC model tablets for the static budget, prepare a flexible budget perfomance report for September Total sales reverse for the month was $675,000 The company sold 1 000 tablets 3 What insights can the management of Pieme Computer Company draw from the performance report Actual Costs Direct materials Direct labor Variable overhead Fixed overhead $315,000 $7 000 7,400 45030 X Requirement 1 Prepare a flexible budget for September for 800, 900, and 1,000 PCC model tablets The tablet has a standard sales price of $650 List variable costs separately Pierre Computer Company Flexible Budget For the Month Ended September 30 Budget Amounts per Unit Units 800 900 1,000 Sales Revenue $ 650 $ 520,000 $585 000 $ 650,000 Variable Costs Direct Materials 310 248,000 279,000 310,000 Direct Labor 56 44,800 50,400 56,000 Vanable Overhead 6 4,800 5,400 6,000 Total Variable Costs 297,600 334 800 372,000 Contribution Martin 222,400 250,200 278,000 Requirement 2 Using 900 PCC model tablets for the static budget, prepare a flexible budget performance report for September Total sales revenue for the month was $675,000 Th company sold 1,000 tablets (Enter a 0 for any zero balances For any SO variances, leave the Favorable (F Unfavorable (U) input blank) Beview the flexible budgets from Requirement D Pierre Computer Company Flexible Budget Performance Report For the Month Ended September 30 2 3 4 5 (1) (3) (3) (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 1,000 1,000 900 (1) (3) (3) (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 1,000 1,000 900 Sales Revenue $ 650 $675,000 F Variable Costs Direct Materials 310 Direct Labor 56 Variable Overhead 6 Total Variable Costs Contribution Margin Fixed Costs Operating Income F F U F", "question_description": "\"image\"image\"image\"image", "transcribed_text": "Question list Standard Costs Direct materials Direct labor Variable overhead Fixed overhead Assume Pierre Computer Company has created a standard cost card for the PCC model K tablet computer with overhead allocated based on direct labor hours (Click the icon to view the standard costs) $310 tablet 2 hours per tablet at $2 per hour 2 hours per tablet at $3 per hour 544,000 per month Requirements During the month of September, Piene Computer Company incumed the following costs while manufacturing 1,000 PCC model tablets (Click the icon to view the actual costs) 1. Prepare a flexible budget for September for 000, 900, and 1,000 PCC model tablets. The tablet has a standard sales price of $650 List vanable costs separately 2. Uhing 900 PCC model tablets for the static budget, prepare a flexible budget perfomance report for September Total sales reverse for the month was $675,000. The company sold 1.000 tablets 3. What insights can the management of Pieme Computer Company draw from the performance report? Actual Costs Direct materials Direct labor Variable overhead Fixed overhead $315,000 $7.000 7,400 45030 - X Requirement 1. Prepare a flexible budget for September for 800, 900, and 1,000 PCC model tablets. The tablet has a standard sales price of $650 List variable costs separately. Pierre Computer Company Flexible Budget For the Month Ended September 30 Budget Amounts per Unit Units 800 900 1,000 Sales Revenue $ 650 $ 520,000 $585.000 $ 650,000 Variable Costs Direct Materials 310 248,000 279,000 310,000 Direct Labor 56 44,800 50,400 56,000 Vanable Overhead 6 4,800 5,400 6,000 Total Variable Costs 297,600 334.800 372,000 Contribution Martin 222,400 250,200 278,000 Requirement 2. Using 900 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $675,000. Th company sold 1,000 tablets. (Enter a \"0\" for any zero balances. For any SO variances, leave the Favorable (F\/Unfavorable (U) input blank) Beview the flexible budgets from Requirement D Pierre Computer Company Flexible Budget Performance Report For the Month Ended September 30 2 3 4 5 (1)-(3) (3)-(5) Budget Flexible Sales Amounts Actual Budget Flexible Volume: Static Per Unit Results Variance Budget Variance Budget Units: 1,000 1,000 900 (1)-(3) (3)-(5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 1,000 1,000 900 Sales Revenue $ 650 $675,000 F Variable Costs: Direct Materials 310 Direct Labor 56 Variable Overhead 6 Total Variable Costs Contribution Margin Fixed Costs Operating Income F F U F", "related_book": { "title": "Intermediate Accounting", "isbn": "978-0470613474, 470613475, 978-0470616314", "edition": "IFRS edition volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/255.jpg", "uri": "\/textbooks\/intermediate-accounting-ifrs-edition-volume-2-255", "see_more_uri": "" }, "free_related_book": { "isbn": "0876297440", "uri": "\/textbooks\/the-practice-of-cost-segregation-analysis-maximizing-tax-bennefits-for-building-acquisitions-and-construction-1st-edition-9780876297445", "name": "The Practice Of Cost Segregation Analysis Maximizing Tax Bennefits For Building Acquisitions And Construction", "edition": "1st Edition" }, "question_posted": "2024-05-25 01:05:43", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/precalculus\/find-the-limit-l-then-use-the-definition-to-prove-that-the-limit-is-l", "description": "Find the limit L. 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