Solution-Compute the amounts that should be

Compute the amounts that should be

Assignment Help Managerial Accounting

Reference no: EM132552984

The cost accountant for Bradley, Inc., prepared the following monthly performance report relating to the Finishing Department: Budgeted Actual Volume 6.000 units 6.500 units Direct Materials $ 90.000 $ 99.600 Direct Labor $ 48.000 $ 55.200 Var. Overhead $ 6.000 $ 9.000 Fixed Overhead $ 66.000 $ 64.200

Question 1: Compute the following amounts that should be included for each of the following in a flexible budget prepared for a 6,500-unit level of production,

a) Direct materials

b) Direct labor

c) Fixed manufacturing overhead:

Question 2: Assume that a revised performance report is prepared for the 6,500-unit level of production, using a flexible budget approach. Compute the cost variances for each of the following. Indicate whether each variance is favorable (F) or unfavorable (U).

d) Direct materials

e) Direct labor

f) Fixed manufacturing overhead:

Reference no: EM132552984

Questions Cloud

Level of employee engagement at your workplace : What do you think is the level of employee engagement at your workplace? High? Low? Why do you think it is that way?

What type of change agent and change model : What type of change agent and change model needs to be implemented? What would be the expected outcomes

Organisations operating in a globalised world : Using examples, discuss how global competition can create opportunities for organisations.

Wayne sandupliin hospital system : You are the hospital epidemiologist for the main hospital in the Wayne Sandupliin Hospital system, a three-hospital system that features the main hospital

Compute the amounts that should be : Compute the amounts that should be included for each of the following in a flexible budget prepared for a 6,500-unit level of production

Potential causes of conflict in an organisation : Identify three personal factors that are potential causes of conflict in an organisation. Discuss, by providing specific examples, how these three personal fact

What will be the total amount of the loss incurred by k corp : What will be the total amount of the loss incurred by K Corp. on the sale of these units if they are repaired and sold for $200 per unit?

Find what would be the minimum unit price : Find what would be the minimum unit price that Burns Industries would accept to sell its saws to Allen Distributors? Why? (with max. five words)

Mcgregor used maslow theory of motivation : Douglas McGregor used Maslow's theory of motivation as the basis for his model. Explain how the two models link and what the implications are to you as a manage

User Account

All Pages

Compute the amounts that should be

Reference no: EM132552984

Reference no: EM132552984

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT