Keel companys fixed overhead costs for the year are

Reference no: EM13600986

Keel Company's fixed overhead costs for the year are expected to be as follows: depreciation, $80,000; supervisory salaries, $92,000; property taxes and insurance, $26,000; and other fixed overhead, $14,500. Total fixed overhead is thus expected to be $212,500. Variable cost per unit are expected to be as follows: direct materials $17; direct labor, $9; operating supplies, $3; indirect labor, $4; and other variable overhead costs, $2.50. Prepare a flexible budget for the following levels of production: 15,000 units, 20,000 units, and 25,000 units. What is the flexible budget formula for the year ended December 31?

Reference no: EM13600986

Questions Cloud

Jerry bought a house for 500000 and made a 100000 down : jerry bought a house for 500000 and made a 100000 down payment. he obtained a 30-year loan for the remaining amount.

Sunny hazel the manager of cyber web services must decide : sunny hazel the manager of cyber web services must decide whether to hire a new employee or to outsource some of the

Tick tock ltd assembles clock movements for grandfather : tick tock ltd. assembles clock movements for grandfather clocks. each movement has four components the clock facing the

Current liabilities as of march 1 include a 12000 15 90-day : the controller of santa fe housewares inc. instructs you to prepare a monthly cash budget for the next three months.

Keel companys fixed overhead costs for the year are : keel companys fixed overhead costs for the year are expected to be as follows depreciation 80000 supervisory salaries

Direct materials in the previous period 20500 units were : normal corporation uses standard costing and is in the process of updating its direct materials and direct labor

Dennis is currently considering investing in municipal : dennis is currently considering investing in municipal bonds that earn 6.40 percent interest or in taxable bonds issued

According to the accountant of ulner inc its payroll taxes : according to the accountant of ulner inc. its payroll taxes for the week were as follows 198.40 for fica taxes 19.84

The cadillac motor car company is advertising a 24-month : the cadillac motor car company is advertising a 24-month lease of a cadillac devil for 520 payable at the beginning of

User Account

All Pages