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Required information The following information applies to the questions displayed below) Preble Company manufactures one product. its variable manufacturing overhead is applied to production based

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Required information The following information applies to the questions displayed below) Preble Company manufactures one product. its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 6 pounds at $9,00 per pound 54.00 Direet labor: 3 hours at $15 per hour variable overhead: 3 hours at $5 per hour -is-00- Total atandard variable cost per unit 45.00 $114.00 The company also established the following cost formulas for its selling expenses riable Fixed Cost per Month 260,000 s 220, 000 Coat per Unit Sold Advertising Sales selaries and commiasions Shipping expenses 18.00 8 9.00 The planning budget for March was based on producing and seliling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour c Total variable manufacturing overhead for the month was $306,220 d. Total advertising, sales salaries and commissions, and shipping expenses were $268000, $485,000, and $175,000, 12 What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March? K Prey12 13 14 15 of15 Next > Required information The following information applies to the questions displayed below ] Preble Company manufactures one product Its variable manufacturing overhead is applied to production based on direct 15 labor hours and its standard cost card per unit is as follows Direct material: 6 pounda at $9.00 per pound$ $4.00 Direct labor:3 hours at $15per hour Variabie overhead: 3 hours at $s per hour Total standard variable cost per uniL 45.00 15.00 $114.00 9:00 The company also established the following cost formulas for its selling expenses nt Variable Fixed Cost Cost per per Month Unit Sold 260, 000 Advertising Sales salaries and commissions Shipping expenses 5220,0015.00 $18.00 $ 9.00 The planning budget for March was based on producing and selling 20000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs a. Purchased 180,000 pounds of raw materials at a cost of $750 per pound. All of this material b. Direct laborers worked 61,000 hours at a rate of $16.00 per hour C. Total variable manufacturing overhead for the month was $306220. d. Total advertising, sales salaries and commissions, and shipping Il of this material was used in production. expenses were $268.000, $485,000, and $175,000. respectively 14. What is the spending variance related to sales salaries and commissions? (Indicate the effect of each variance by select favorable, "U" ing "F" for for unfevorable, and "None" for no effect (i.e, zero variance.j. Input the amount as a positive value.) r9 Assignment Saved Required information The following information applies to the questions displayed below] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 6 pounds at $9.00 per pound $ 54.00 Direct labor: 3 hours at $is per hour Variable overhead: 3 hours at $5 per hour Total standard variable cost per unit 45.00 15.00 $114.00 The company also established the following cost formulas for its selling expenses Variable Cost per Unit Sold Fixed Cost per Month S 260,000 $220,000 Advertising $18.00 s 9.00 Shipping expenses The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a Purchased 180,000 pounds of raw materials at a cost of $750 per pound. All of this material was used in production. b Direct-laborers worked 61,000 hours at a rate of $16.00 per hour c. Total variable manufacturing overhead for the month was $306,220 d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000, $485,000, and $175,000, respectively 13. What is the spending variance related to advertising? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero veriance.). Input the amount es a positive value.) 13 4 15 ot 15Next >

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