Solution-What the direct labor in the planning budget for

What the direct labor in the planning budget for August

Assignment Help Managerial Accounting

Reference no: EM133110183

Question - Parkside Manufacturing manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During August, the company budgeted for 6300 units, but its actual level of activity was 6250 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for August:

Data used in budgeting:

	Fixed element per month	Variable element per unit
Revenue	-	$33.80?

Direct labor	$0?	$5.80?
Direct materials	0?	13.40?
Manufacturing overhead	33,000?	1.30?
Selling and administrative expenses	25,100?	0.50?
Total expenses	$58,100?	$21.00?

Actual results for August:

Revenue	$212,300?
Direct labor	$35,730?
Direct materials	$85,600?
Manufacturing overhead	$41,500?
Selling and administrative expenses	$30,430?

Required - What the direct labor in the planning budget for August?

a. $36,540

b. $36,250

c. $35,730

d. $36,510

Reference no: EM133110183

Questions Cloud

Herzberg tow-factor theory : Herzberg's two-factor theory speaks to issues relevant in both employee compensation and benefits as it discusses why people choose a workplace

How well is intermountain health care performing : What is Intermountain's approach to healthcare delivery and why does Intermountain do it this way and How well is Intermountain Health Care performing

What the carrying value of the equipment at the end of year : Baxter Ltd purchased equipment at the start of its first year of operation. What the carrying value of the equipment at the end of year 2

Calculate the approximate yield to maturity : Airborne Airlines, Inc., has outstanding bonds with a par value of $ 1,000 and 25 years to maturity. The bonds offer an annual payment of $ 78 in interest and c

What the direct labor in the planning budget for August : During August, the company budgeted for 6300 units, but its actual level of activity was 6250 units. What the direct labor in the planning budget for August

Risk associated with att buying time warner : What were some of the risk associated with ATT buying Time Warner during their merger and what could have been done differently to mitigate the risks?

Create a portfolio of five to eight stocks : Create a portfolio of five to eight stocks that demonstrate diversified risk. List the stocks along with their current price and previous 1-year and 5-year rate

Workplace learning event Work-based Learning Plan : Reflect on effectiveness of training and assessment and recommend improvements for future training delivered to individuals in the workplace

What is tom dio : Last year the Tom Company had revenues = $400 million, COGS = $300 million, average A/R = $10 million, average inventories = $50 million, and average A/P = $5 m

User Account

All Pages

What the direct labor in the planning budget for August

Reference no: EM133110183

Reference no: EM133110183

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