Business, 22.07.2019 20:30 hijrjdkfjd

Chubbs inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following data. variable costs fixed costs indirect materials $12,000 supervisory salaries $36,000 indirect labor 10,000 depreciation 7,000 utilities 8,000 property taxes and insurance 8,000 maintenance 6,000 maintenance 5,000 actual variable costs were indirect materials $13,500, indirect labor $9,500, utilities $8,700, and maintenance $5,000. actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,300. the actual activity level equaled the budgeted level. all costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance. (a) prepare a manufacturing overhead flexible budget report for the first quarter.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 08:00

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Answers: 1

Answer

Business, 22.06.2019 08:30

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

Answers: 2

Answer

Business, 22.06.2019 11:00

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Answers: 3

Answer

Business, 22.06.2019 13:20

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Answers: 1

Answer

You know the right answer?

Chubbs inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following da...

Questions