WATERWAYS CORPORATION ACCOUNTING

*On the 3rd picture: There are 2 more identical rows on the right of the one on the end in the picture. (So there are 6 columns under "Manufacturing Overhead Flexible Budget For the Month of March", including the drop down boxes).

* For the last 2 pictures: There is a column of drop down boxes on the right of both images. It got cut off in the picture, but the beginning of these boxes are visible. So there are 5 columns under each "Manufacturing Overhead Flexible Budget Report, and "Responsibility Report"

Question 1 of 1 - / 10 I!! View Policies Current Attempt in Progress Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 125,000 Budgeted costs Indirect materials $6,250 Indirect labor 16,250 Utilities 12,500 Maintenance 10,000 Salaries 44,900 Depreciation 15,400 Property taxes 2,900 Insurance 1,400 Janitorial 1,700 Total budgeted costs $111,300 WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 126,000 Costs Indirect materials $6,284 Indirect labor 16,354 Utilities 12,628 Maintenance 10,060 Salaries 44,900 Depreciation 15,400 Property taxes 2,900 Insurance 1,400 Janitorial 1,700 Total costs $111,626 Waterways produced 126,000 units in March rather than the budgeted number of units. Prepare a flexible overhead budget based on the following amounts produced. (Hint: Indirect materials, indirect labor, utilitites, and maintenance are variable costs. The other budgeted costs are fixed costs.) (Round unit costs to 2 decimal places, e.g. 2.25. List variable costs before fixed costs.) (1) (2) (3) (4) (5) 123,000 units 124,000 units 125,000 units 126,000 units 127,000 units WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget For the Month of March $ $ A A . Prepare a flexible budget report showing the differences (favorable and unfavorable) in manufacturing overhead costs for the month of March. (List vairble costs before fixed costs.) WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget Report For the Month of March Fava Unfav Neither! nor Unf Budget Actual $ $ > A . > > Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable. WATERWAYS CORPORATION Responsibility Report Manufacturing Overhead For the Month of March Favorable Unfavorable Neither Favora nor Unfavorab Controllable Cost Budget Actual $ $ $ > LA $ $ $ $ e Textbook and Media