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Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $18 per
Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $18 per pound and 0.20 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Assume the actual cost to manufacture 110 bats is $5,830.00. Compute the total cost variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $18 per pound and 0.20 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Required information [The following information applies to the questions displayed below.] The fixed budget for 21,900 units of production shows sales of $547,500; variable costs of $65,700; and fixed costs of $143,000. The company's actual sales were 27,200 units at $635,000. Actual variable costs were $113,300 and actual fixed costs were $135,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Required information [The following information applies to the questions displayed below.] The fixed budget for 21,900 units of production shows sales of $547,500; variable costs of $65,700; and fixed costs of $143,000. If the company actually produces and sells 27,200 units, calculate the flexible budget income. Based on predicted production of 25,800 units, a company budgets $360,000 of fixed costs and $361,200 of variable costs. If the company actually produces 19,400 units, what are the flexible budget amounts of fixed and variable costs
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