Myles company expects to produce 1316400 units of product

Assignment Help Accounting Basics

Reference no: EM13603541

Myles Company expects to produce 1,316,400 units of Product XX in 2012. Monthly production is expected to range from 86,860 to 122,460 units. Budgeted variable manufacturing costs per unit are: direct materials $6, direct labor $5, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $3. In March 2012, the company incurs the following costs in producing 104,660 units: direct materials $651,800, direct labor $510,710, and variable overhead $841,190. Prepare a flexible budget report for March. (If answer is zero, please enter 0. Do not leave any fields blank. Enter all amounts as positive amounts.) MYLES COMPANY Manufacturing Budget Report For the Month Ended March 31, 2012 Budget Actual Difference Favorable F Units produced Unfavorable U Variable costs Direct materials $ $ $ Direct labor Overhead Total variable costs $ $ $ Fixed costs Depreciation Supervision Total fixed costs Total costs $ $ $ Were costs controlled?

Reference no: EM13603541

Questions Cloud

Novacar company manufactures automobiles the red card : novacar company manufactures automobiles. the red card division sells its red cars for 25000 each to the general

Each pallet of your product in the warehouse of your : each pallet of your product in the warehouse of your distributor holds 5000 of product at the distributors cost of

Compare this result with the heat loss if the window had a : a thermopane window consists of two 6-mm thick glasses separated by a stagnant air space of thickness 6 mm. the thermal

When a 75 cm long pencil is arranged perpendicular to a : when a 7.5 cm long pencil is arranged perpendicular to a convex mirrors optical axis at a distance of 25 cm from the

Myles company expects to produce 1316400 units of product : myles company expects to produce 1316400 units of product xx in 2012. monthly production is expected to range from

During october shandra company had 97500 of cash receipts : a.during october shandra company had 97500 of cash receipts and 101250 of cash disbursements. the october 31 cash

Will atmospheric water vapor condense on the outside of the : liquid oxygen flows at 90 k inside 3 cm o. d 2 mm wall thickness aisi 302 stainless steel tube with an interior

Conduct a hypothesis test to determine whether the whisper : on friday wall street traders were anxiously awaiting the federal governments release of numbers on the january

Sociology graduates upon entering the workforce earn a mean : sociology graduates upon entering the workforce earn a mean salary of 30000 with a standard deviation of 4000.

User Account

All Pages