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Johnston Co cleans and applies powder coat paint to metal items on a job-order basis. Johnston has budgeted the following amounts for various Overhead categories in the coming yr.
In teh coming yr johnston expects to power coat 120,000 units. Each unit takes 1.3 DL hours. Johnston has found that supplies and gas (used to run the drying ovens-all units pass thru the drying ovens after powder coat paint is applied) tend to vary with the number of units produced. All other overhead categories are considered to be fixed.1.calculate the number of DL hours Johnston must budget for the coming year. CAlculate the variable OH rate. Calculate the total FO for the coming year.2.prepare an OH budget for johnston for the coming year. Show the total variable overhead, total fixed OH and total OH. Calculate the fixed OH rate and the total OH rate.3What IF Johnston had expected to make 118,000 units next yr? Assume the VOH per unit does not change and total fixed amounts do not change. calculate the new budgeted DL hours and prepare a new OH budget. Calculate the fixed OH rate and the total OH rate.
Nashler Company has the following budgeted variable costs per unit produced:
DM 7.20DL 1.54VOHSupplies .23Maintenance .19Power .18
Budgeted FO costs per month include supervision of 98,000 depreciation of 76,000 and other OH of 245,000.1 Prepare a flexible budget for all costs of production for the following levels of production:160,000 units 170 units and 175000 units2 what is the per-unit total product cost for each of the production levels from requirement 1?3What if NAshler's cost of maintenance rose to .22 per unit? How would that affect the unit product costs calculated in requirement 2
in 2010 colorado became the first state to require nondomiciliary businesses without sales tax nexus to report all the
Sanderson sells a single product for $45 that has a variable cost of $35. Fixed costs amount to $5 per unit when anticipated sales targets are met. the company sells one unit in excess of its break-even volume, profit will be:
Assume for 2011 that Don made one transfer involving his granddaughter as follows: Don opened a joint checking account with his granddaughter, with right of survivorship, for her college expenses.
donnelly corporation manufactures and sells t-shirts imprinted with college names and slogans. last year the shirts
How does the auditing profession work to create or communicate a reasonable set of expectations that users should hold? To what extent do you believe that user expectations of the public accounting profession appear to you to be unwarranted? Explain..
Prepare the journal entries to record the above stock transactions.
The company will purchase the carpets from a local distributor for $350 each, with the privilege of returning any unsold units for a full refund. Jerry's club has offered Color Rugs two payment alternatives for the use of space.
Post the adjusting entries to the ledger accounts. Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column.
on february 1 job 12 had a beginning balance of 200. during february direct materials of 500 and direct labor of 200
Mallard Incorporated (MI) is a small manufacturing company that makes model trains to sell to toy stores. It has a small service department that repairs customers' trains for a fee.
a spare parts supplier is thinking of building a car from the parts he has in his yard. he does not expect any reward
Why is cost accounting so important to the success of the firm What are the various methods of cost accounting and how are they used The Final Paper: Must be eight- to ten- double-spaced pages in length and formatted according to APA style as outl..
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