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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

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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 Tabor hours and its standard cost card per unit is as follows: Direct material: 5 pounds at 59.00 per pound 3 45.00 Direct Labor hours at $14 per hour 42.00 Variable overhead: 3 hours at 39 per hour Total standard variable cost per unit 5.114.00 The company also established the following cost formulas for its selling expenses: 27.00 Variable Fixed cost per cost per Month Unit Sold Advertising $ 300,000 Sales salaries and contissions 5.300,000 5. 22.00 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 24 800 units and incurred the following costs a. Purchased 155.000 pounds of raw materials at a cost of 57.20 per pound. All of this material was used in production Direct-taborers worked 65,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $612 300 d. Total advertising, sales salaries and commissions and shipping expenses were $103.000, 5505.000, and $215,000 respectively Foundational 9-1 (Algo) Required: 1 What raw materials cost would be included in the company's flexible budget for March? Answer is complete but not entirely correct Required information The Foundational 15 (Algo) (L09-1, LO9-2, LO9-4, LO9-5, LO9-6) [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: 5 pounds at 59.60 per pound Direct labort 3 hours at 514 per hour Variable overhead: hours at $9 per hour Total standard variable cost per unit $ 45.00 42.00 27.00 $ 114.00 The company also established the following cost formulas for its selling expenses Variable Fixed cost per cost per Month Unit Sold Advertising $ 300,000 Sales salaries and commissions $300,000 $ 22.00 Shipping expenses 13.00 The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24 800 units and incurred the following costs a. Purchased 155.000 pounds of raw materials at a cost of $720 per pound All of this material was used in production b. Direct laborers worked 65.000 hours at a rate of $15.00 per hour c. Total variable manufacturing overhead for the month was 5612,300, d. Total advertising, sales salaries and commissions, and shipping expenses were $303.000, $505,000 and $215.000, respectively Foundational 9-9 (Algo) 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost $ 45.00 42.00 27.00 Required information The Foundational 15 (Algo) (L09-1, LO9-2, L09.4. LO9-5, LO9-6) (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 Jabor hours and its standard cost card per unit is as follows: Direct materialt 5 pounds at 59.00 per pound Direct labor: 3 hours at 514 per hour Variable overhead: 3 hours at 59 per hour Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Variable Fixed Cost per cost per Month Unit Sold Advertising 5.300,000 Sales salaries and commissions $ 300,000 $ 22.00 Shipping expenses 5 13.00 The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24.800 units and incurred the following costs a Purchased 155.000 pounds of raw materials at a cost of $720 per pound All of this material was used in production b Direct laborers worked 65,000 hours at a rate of $15.00 per hour c. Total variable manufacturing overhead for the month was 5612,300. d. Total advertising, sales salaries and commissions, and shipping expenses were 5303.000, 5505.000 and $215.000, respectively Foundational 9-10 (Algo) 10 What is the variable overhead efficiency variance for March indicate the effect of each varlance by selecting for favorable "U" for unfavorable, and "None" for no effectie. Eero variance). Input the amount as a positive value) Required information The Foundational 15 (Algo) (L09-1, LO9-2, L09-4, LO9-5, L09-6) [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 materiali 5 pounds at $9.00 per pound Direct labort 3 hours at 524 per hour Variable overhead: 3 hours at $0 per hour Total standard variable cost per unit 5.45.00 42.06 27.00 $ 114.00 The company also established the following cost formulas for its selling expenses Variable Fixed cost per cost per Month Unit Sold Advertising $300,000 Sales salaries and cossions $ 300,000 $ 22.00 Shipping expenses $ 13.00 The planning budget for March was based on producing and selling 20.000 units. However, during March the company actually produced and sold 24,800 units and incurred the following costs Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production Direct-taborers worked 65.000 hours at a rate of $15.00 per hout, Total variable manufacturing overhead for the month was 5612,300 Total advertising sales salaries and commissions, and shipping expenses were 5303.000, 5505.000 and $215.000 respectively Foundational 9-11 (Algo) 11 What is the variable overhead rate variance for March7 (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None' for no effect ( toro variance. Input the amount as a positive value) (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: 5 pounds at $9.00 per pound Direct labor! 3 hours at $10 per hour Variable overheads 3 hours at $9 per hour Total standard variable cost per unit 5.45.00 42.00 27.00 5 114.00 The company also established the following cost formulas for its selling expenses. Variable Fixed Cost ser cost per Month Unit Sold Advertising $ 300,000 Sales salaries and commissions $ 300,000 $ 22.00 Shipping expenses $ 13.00 The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24,800 units and incurred the following costs a. Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 65.000 hours at a rate of $15,00 per hour c. Total variable manufacturing overhead for the month was $612,300 d. Total advertising, sales salanes and commissions and shipping expenses were 5303,000, 5505.000, and $215,000 respectively Foundational 9-12 (Algo) 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's exible budget for March Advertising Se salaries and commission Shipping expenses Required information The Foundational 15 (Algo) (LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] (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: 5 pounds at 59.00 per pound Direct lobor: 3 hours at $14 per hour Variable overhead: 3 hours at 89 per hour Total standard variable cost per unit $ 114.00 $45.00 42.00 27.00 The company also established the following cost formulas for its selling expenses; Variable Fixed Cost per cost per Month Unit Sold Advertising $ 300.000 Soles salaries and commissions 3.300,000 5. 22.00 Shipping expenses $ 13.00 The planning budget for March was based on producing and selling 20.000 units. However, during March the company actually produced and sold 24 800 units and incurred the following costs a. Purchased 155.000 pounds of raw materials at a cost of 720 per pound. All of this material was used in production b Direct-laborers worked 65.000 hours at a rate of $15.00 per hour Total variable manufacturing overhead for the month was $612.300 d Total advertising, sales salaries and commissions and shipping expenses were $303.000, S 2,5505.000, and $215,000 respectively Foundational 9-13 (Algo) 13. What is the spending variance related to advertising (indicate the effect of each variance by selecting "F" for fovoroble, "U" for unfavorable, and "None" for no effect ile zero variance). Input the amount os e positive value.) Spending variance related to advertising 42.00 27.00 Required information The Foundational 15 (Algo) (LO9-1, LO9-2, L09-4, LO9-5, LO9-6] {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: 5 pounds at $9.00 per pound 5 45.00 Direct labor: 3 hours at 514 per hour Variable overhead: 3 hours at 59 per hour Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses Variable Fixed cost per cost per Month Unit Sold Advertising $ 300,000 Soles salaries and commissions $ 300,000 $ 22.00 Shipping expenses $ 13.00 The planning budget for March was based on producing and selling 20.000 units. However, during March the company actually produced and sold 24 800 units and incurred the following costs a, Purchased 155,000 pounds of raw materials at a cost of $720 per pound. All of this material was used in production b. Direct laborers worked 65,000 hours at a rate of $15.00 per hour c. Total variable manufacturing overhead for the month was $612 300 a. Total advertising, sales salaries and commissions, and shipping expenses were $303,000 $505.000, and 5215,000 respectively Foundational 9-14 (Algo) 14. What is the spending vanance related to sales salaries and commissions? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, zero variance). Input the amount oso positive value] Required information The Foundational 15 (Algo) (LO9-1, LO9-2, L09.4, L09-5. L09-6) 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: 5 pounds at 59.00 per pound Direct labore 3 hours at 514 per hour Variable overhead: 3 hours at 59 per hour Total standard variable cost per unit 5 45.00 42.00 5 114.00 The company also established the following cost formulas for its selling expenses Variable Fixed cost per cost per Honth Unit Sold Advertising $300.000 Sales salaries and commissions 3.300.000 $22.00 Shippie penses 5 13.00 The planning budget for March was based on producing and selling 20,000 units. However, during Match the company actually produced and sold 24 800 units and incurred the following costs a Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 65.000 hours at a rate of $15.00 per hour Total variable manufacturing overhead for the month was $612 300 d Total advertising, sales salaries and commissions and shipping expenses were 5303.000, 5505,000 and $215.000) respectively Foundational 9-14 (Algo) 14 What is the spending variance related to sales salaries and commissions (Indicate the effect of ench variance by selecting "F" for Tovornble. "U" for unfavorable, and "None" for no effectie toro vorlance). Input the amount as a positive value

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