RE Assume Pierre Computer Company has created a standard During the month of September, Pierre Computer cost card for the PCC model tablet computer, with overhead Company incurred the following costs while manufacturing allocated based on direct labor hours: 1,600 PCC model tablets: (Click the icon to view the standard costs.) (Click the icon to view the actual costs.) Read the requirements Review the flexible budgets from Requirement 1. Pierre Computer Company Flexible Budget Performance Report For the Month Ended September 30 1 2 3 5 (1) - (3) (3) - (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 1,600 1,600 1,500 Sales Revenue $ 590 F $ 944,000 $ 59,000 F S 885,000 Variable Costs: Direct Materials 270 U 432,000 27.000 U 405,000 Se Choose from any list or enter any number in the input fields and then click Check Answer, tir Standard Costs Direct materials $270 per tablet Direct labor Variable overhead 2 hours per tablet at $20 per hour 2 hours per tablet at $10 per hour $46,000 per month Fixed overhead Print Done pany has created a standard blet computer, with overhead hours: During the month of Septemb Company incurred the followin 1,600 PCC model tablets: IOR l - X Actual Costs Direct materials $ 446,400 64,640 Direct labor Variable overhead 32,640 Fixed overhead 47,560 Ba bl Print Done iri 59 270 U 432,000 27 er any number in the input fields and then click Check Answer - Requirements 1. Prepare a flexible budget for September for 1,400, 1,500, and 1,600 PCC model tablets. The tablet has a standard sales price of $590. List variable costs separately. 2. Using 1,500 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $966,400. The company sold 1,600 tablets. 3. What insights can the management of Pierre Computer Company draw from the performance report? Print Done V Pierre Computer Company Flexible Budget For the Month Ended September 30 Budget Amounts per Unit Units 1,400 1,500 1,600 Sales Revenue $ 590 $ 826,000 $ 885,000 $ 944,000 Variable Costs: Direct Materials 270 378,000 405,000 Direct Labor 40 56,000 28,000 60,000 30,000 432,000 64,000 32,000 Variable Overhead 20 Total Variable Costs 462,000 495,000 528,000 Contribution Margin 364,000 46,000 390,000 46,000 416,000 46,000 Fixed Costs Print Done Assume Pierre Computer Company has created a standard cost card for the PCC model tablet computer, with overhead allocated based on direct labor hours: (Click the icon to view the standard costs.) RE During the month of September, Pierre Computer Company incurred the following costs while manufacturin 1,600 PCC model tablets: (Click the icon to view the actual costs.) Read the requirements. TTEXTUTE Salus Duuyet Amounts Actual Static Budget Variance Per Unit Results Units Flexible Volume Budget Variance 1.600 $ 944,000 $ 59,000 F $ 1,600 Budget 1,500 885,000 Sales Revenue 590 F Variable Costs: Direct Materials 270 Direct Labor 40 405,000 60,000 30,000 20 Variable Overhead Total Variable Costs Contribution Margin Fixed Costs U 432,000 27,000 U 64,000 4,000 U 32,000 2,000 U 528,000 416,000 26,000 F 46,000 370.000 $ 26,000 F 8700 U F 495,000 390,000 46,000 344,000 U OU Operating Income F $
