### Develop the march budget allowances for each cost center

Assignment Help Finance Basics
##### Reference no: EM13294064

A company is composed of four cost centers. Each month a budget is prepared anticipating the primary distribution of certain costs.The company expects to operate at 115% of budget volume in march, and this is reflected in the projected direct labor hours.The referenced BELOW items are listed at their normal (100% budget volume) levels. Maintenance and energy consumption are treated in the budget as purely variable expenses. CC= COST CENTER FS = FLOOR SPACE Norm Kilo Hrs = NORMAL KILOWATT HOURS CC: March 2006 Direct Labor hours: FS(square Ft): Normal Main: Norm Kilo Hrs: Forging : 3,580 5,000 \$13,000 8,300 Machining : 10,032 20,000 \$23,500 43,000 Finishing : 5,460 4,000 \$3,450 3,050 Packing : 2,133 2,100 \$ 500 2,000 TOTAL : 21,205 31,100 \$40,450 56,350 Suppose that the normal power bill is \$17,800 and normal building services cost is \$67,000.(a) Develop the March budget allowances for each cost center. (b) Develop the budgeted overhead costing rate for each cost center and a blanket overhead costing rate for the entire company.

##### Reference no: EM13294064

Advanced Financial Advice (AFA) F/601/2808. You should familiarise yourself with this fact find prior to sitting the March 2016 examination. The March 2016 examination paper

#### Determine the unit cost of each product using activity-based

Braithwaite Company manufactures two types of kayaks, the Intrepid and Explorer. Previously, the company has allocated manufacturing support costs using a plant-wide rate ba

#### When viewing terms special returns we know this can refer to

BBA3301-FIN 351: When viewing the terms "special returns" or "abnormal returns," we know this can refer to _____. Legal methods for attempting to profit through mergers and ac

#### Calculate the current and debt ratio for two financial years

Ace Hardware is a leading family business that specialises in the manufacturing and wholesale distribution of floor tile products. Over the past two years Ace Hardware has e

#### Minimize total annual costs of holding

Assume that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of dollar 8.5 per box for an order size of 1

#### Pluralism-state autonomy-elitism

Pluralism, state autonomy, and elitism are three theories of U.S. policy making. Pluralism focuses on power of individuals, state autonomy on bureaucracies, and elitism on e

#### Calculate what its strike price is

A long strangle is created using two options. For each option in the strangle above, indicate whether it is a put or a call, whether it is bought or sold, and calculate what

#### Compute the weighted average cost of capital

Compute the weighted average cost of capital. Which project(s) should be accepted? Compute the yield to maturity on the old issue and use this as the yield for the new issue.