Handover company uses a flexible budget for overhead based

Reference no: EM13590612

Handover Company uses a flexible budget for overhead based on direct labor hours (DLH). Annual master budget figures, based on 400,000 direct labor hours, and actual overhead for March, when 30,000 labor hours were worked, are as follows:

Master Budget March Actual

Variable costs:

Indirect Labor $24,000 $1,900

Indirect Materials $45,000 $3,300

Other $280,000 $21,100

Fixed costs:

Supervision $120,000 $10,000

Depreciation $54,000 $4,600

Other $216,000 $17,700

Instructions: Prepare a flexible budget performance report for March. Omit headings other than descriptive columnar headings.

Reference no: EM13590612

Questions Cloud

If the simple interest on a sum of money for 2 years at 5 : if the simple interest on a sum of money for 2 years at 5 per annum is rs. 50 what is the compound interest on the same

What is the transfer price you would recommend if corporate : best practices inc. is a management consulting firm. its corporate division advises private firms on the adoption and

Which of the following is not trueoverhead costing accuracy : which of the following is not true? overhead costing accuracy is improved by the use of multiple departmental rates

A large cruise ship of mass 650 107 kg has a speed of 120 : question a large cruise ship of mass 6.50 107 kg has a speed of 12.0 ms at some instant. what is the magnitude of the

Handover company uses a flexible budget for overhead based : handover company uses a flexible budget for overhead based on direct labor hours dlh. annual master budget figures

Prepare a condensed income statement including earnings per : for the year ended december 31 southern supply had net sales of 7910000 costs and other expenses including income tax

Southside sports is preparing its annual cash budget : southside sports is preparing its annual cash budget showing quarterly data for 2014. a 14000 cash balance is desired

During april the company actually produced 16000 units the : irene cooper has just been hired by securidoor corporation. the president has asked irene to review the companys

A proton has a velocity of 125 x 106 ms it travels into a : question a proton has a velocity of 1.25 x 106 ms. it travels into a magnetic field that has a strength of 1.5 t. what

User Account

All Pages