The following data pertain to the Aquarius Hotel Supply Company for the year just ended.
Budgeted sales revenue $ 945,000
Budgeted manufacturing overhead 650,000
Budgeted machine hours (based on practical capacity) 20,000
Budgeted direct-labor hours (based on practical capacity) 25,000
Budgeted direct-labor rate per hour 13
Actual manufacturing overhead 690,000
Actual machine hours 22,000
Actual direct-labor hours 26,000
Actual direct-labor rate per hour 14
Compute the firm’s predetermined overhead rate for the year using each of the following common cost drivers: (Round your answers to 2 decimal place.)
Machine Hourper machie hour
Direct Labor hoursper direct labor hour
Direct labor dollarsper direct labor dollar
Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers
Machine hours
Direct Labor hours
Direct labor dollars
Answers: 3
Business, 21.06.2019 14:30, nataliatf5034
Assuming no direct factory overhead costs (i. e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the deft product manager wishes to achieve a product contribution margin of 35%. given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?
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Business, 22.06.2019 05:40, rafa3997
According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal
Answers: 1
Business, 22.06.2019 11:40, rmcarde4432
Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?
Answers: 1
Business, 22.06.2019 13:10, kell22wolf
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
The following data pertain to the Aquarius Hotel Supply Company for the year just ended.
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