Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Variable Monthly cost Per Deb Fixed Cost sold $1.00 $1.50 $51,000 $0.30 Sales commissions Shipping Advertising Executive salaries Depreciation on office $61,000 $21,000 $41,e00 equipment Other All of these expenses (except depreciation) are paid in cash in the month they are incurred If the company has budgeted to sell 16,000 Debs in February, then the total budgeted fixed selling and administrative expenses for February is: Multiple Choice $123,000 $133,000 $153,000 $174,000 Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 4, 000 machine- hours Variable overhead costs: Supplies Indirect labor $24, 600 39, 600 Fixed overhead costs: Supervision Utilities 14 , 00e 7, 400 8,400 $93,400 Depreciation Total overhead cost The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 3,900 machine-hours rather than 4,000 mach Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits Budgeted variable overhead costs: Supplies (es5.20 per patient 9, 500 49,400 Laundry (es8.20 per patient-visit) 77.900 127, 300 visit) Total variable overhead cost Budgeted fixed overhead costs: Wages and salaries Occupancy costs 52,900 85, 800 138, 700 $266, 000 Total fixed overhead cost Total budgeted overhead cost The total overhead cost at an activity level of 10,200 patient-visits per month should be Multiple Choice $285,600 $276,220 $275,380 $266,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

11. Are your speaking notes helpful and effective?

Answered: 1 week ago

Question

The Goals of Informative Speaking Topics for Informative

Answered: 1 week ago