Business, 31.05.2020 01:01 helper4282

Rundle Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department’s static budget and actual results for 2019 follow: Static Budget Actual Results Production in units 28,000 kits 29,200 kits Direct materials ($6.40 per unit) $ 179,200 $ 224,680 Direct labor ($5.40 per unit) 151,200 150,480 Variable manufacturing overhead ($1.50 per unit) 42,000 46,900 Total variable costs 372,400 422,060 Fixed manufacturing overhead 203,000 198,100 Total manufacturing cost $ 575,400 $ 620,160 Required a. Convert the static budget into a flexible budget. b. Calculate the volume variance for Direct materials, Direct labor and Fixed manufacturing overhead. c. Calculate the flexible budget variances for Direct materials, Direct labor and Fixed manufacturing overhead.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:30, 4300404440

Which statement is true about the elements of the interface of a presentation program? a. the status bar appears at the top of the page and displays options to style your slides. b. the tool bar displays the thumbnails of your presentation slides in the order they will appear in the presentation. c. rulers indicate the margins, tabs, and indents in a presentation slide. d. the document area provides a list of commands to create, format, and edit presentations.

Answers: 3

continue

Business, 22.06.2019 02:00, Sumysumy

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?

Answers: 2

continue

Business, 22.06.2019 02:30, raulramirez01

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

Answers: 2

continue

Business, 22.06.2019 16:30, cadenbukvich9923

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Answers: 3

continue

You know the right answer?

Rundle Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production...