Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Splash makes large fiberglass swimming pools and uses machine hours and direct labor hours to apply overhead in the Production and Installation departments, respectively. The monthly cost formula for overhead in Production is y = $7,950 + $4.05 MH; the overhead cost formula in Installation is y = $6,150 + $14.25 DLH. These formulas are valid for a relevant range of activity up to 6,000 machine hours in Production and 9,000 direct labor hours in Installation.
Each pool is estimated to require 25 machine hours in Production and 60 hours of direct labor in Installation. Expected capacity for the year is 120 pools.
a. Prepare a flexible budget for Production at possible annual capacities of 2,500, 3,000, and 3,500 machine hours.
The Splash
Flexible Budget
For the Upcoming Year
2500 MH
3000 MH
3500 MH
Production overhead costs:
Variable
$
Fixed
Total
Prepare a flexible budget for Installation at possible annual capacities of 6,000, 7,000, and 8,000 direct labor hours.
6000 DLH
7000 DLH
8000 DLH
Installation overhead costs:
b. Prepare a budget for next month's variable, fixed, and total overhead costs for each department assuming that expected production is eight pools.
Overhead Budget
For Next Month
Production (25 MH per pool)
Total production overhead
Installation (60 DLH per pool)
Total installation
c. Calculate the total overhead cost to be applied to each pool scheduled for production in the coming month if expected capacity is used to calculate the predetermined OH rates. Round your answer to the nearest cent. Overhead cost per pool: $
james company began the month of october with inventory of 34000. the following inventory transactions occurred during
south central airlines operates a commuter flight between atlanta and charlotte. the plane holds 31 passengers and the
how has the sarbanes-oxley act of 2002 affected financial reporting for publicly traded companies? do you think that
Which is not a GAAP for investments in equity securities?
scooter libby corp. ises a periodic inventory system. in 2011 they made a very large purchase so large that they didnt
The Omega Corporation sells property during the year that results in the following gains and losses: Compute the resulting increase or decrease in Omega's taxable income. Explain each step.
department a had 4000 units in work in process that were 60 completed as to labor and overhead at the beginning of the
dvorak company produces a product that requires five standard pounds per unit. the standard price is 2.50 per pound.
How much of this amount will be interest? If you decidet pay off the loan at the end of the first year, how much will youowe the dealer?
err company has a major lawsuit against them for unsafe products. it recognizes a huge liability in 2004 of 300m. the
assume you serve on the board of a local golf and country club. in preparation for renegotiating the clubu2019s bank
Compare and contrast the deductive, inductive and pragmatic research methods. Discuss human information processing research and the consequences of its findings on accounting.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd