Hydro Sports budgets overhead cost of $735-000 for the year- of this a.pdf

•

0 gefällt mir•20 views

Hydro Sports budgets overhead cost of $735 , 000 for the year; of this amount, $510 , 000 is traceable to the Assembly department and $225 , 000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 5 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 7 in Assembly and 2 in Finishing. The company budgets production of 250 units of the standard model and 250 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 5 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 7 in Assembly and 2 in Finishing. Complete this question by entering your answers in the tabs below. Compute departmental overhead rates for each department using direct labor hours for that department..

Bildung

Weitere ähnliche Inhalte

Ähnlich wie Hydro Sports budgets overhead cost of $735-000 for the year- of this a.pdf

Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs. Variable Cost per Unit Direct materials $7.95 Direct labor $2.60 Variable manufacturing overhead $6.10 Variable selling and administrative expenses $4.13 Fixed Costs per Year Fixed manufacturing overhead $249,424 Fixed selling and administrative expenses $254,506 Polk Company sells the fishing lures for $26.50. During 2012, the company sold 80,300 lures and produced 95,200 lures. Assuming the company uses variable costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ Prepare a variable costing income statement for 2012. POLK COMPANY Income Statement For the Year Ended December 31, 2012 Variable Costing $ $ $ (2) For Turgo Company, variable costs are 63% of sales, and fixed costs are $179,100. Management’s net income goal is $54,074. Compute the required sales in dollars needed to achieve management’s target net income of $54,074. Required sales $ (3) For Kozy Company, actual sales are $1,208,000 and break-even sales are $785,200. Compute the margin of safety in dollars and the margin of safety ratio. Margin of safety $ Margin of safety ratio % (6) For the quarter ended March 31, 2012, Maris Company accumulates the following sales data for its product, Garden-Tools: $318,000 budget; $335,300 actual. Prepare a static budget report for the quarter. MARIS COMPANY Sales Budget Report For the Quarter Ended March 31, 2012 Product Line Budget Actual Difference Garden-Tools $ $ $ (7) Gundy Company expects to produce 1,301,760 units of Product XX in 2012. Monthly production is expected to range from 86,150 to 123,950 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $8, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2. Prepare a flexible manufacturing budget for the relevant range value using 18,900 unit increments. (List variable costs before fixed costs.) GUNDY COMPANY Monthly Flexible Manufacturing Budget For the Year 2012 $ $ $ $ $ $ $ $ $ .

Polk Company builds custom fishing lures for sporting goods stores.docx

LeilaniPoolsy

¬For more classes visits www.snaptutorial.com Multiple Choice 5 Short 9 Question 1. Question : (TCO 4) Assumptions underlying cost-volume-profit analysis include all of the following, Question 2. Question : (TCO 6) A basic assumption of activity-based costing (ABC) is that: Question 3. Question : (TCO 2) In a traditional job order cost system, the use of direct labor on jobs increases: Question 4. Question : (TCO5) Cost drivers are

ACCT 346 Education Specialist / snaptutorial.com

stevesonz110

Acc 349 Exceptional Education / snaptutorial.com

Baileya36

Acc 349 Exceptional Education / snaptutorial.com

Baileya37

ORmaster

Zaman Khan

ACC 349 PAPER Become Exceptional--acc349paper.com

KeatonJennings114

Heromotor sfinal

sryprtp

Description / Instructions: Complete the following in WileyPLUS: *Brief Exercise 18-8 *Brief Exercise 18-10 *Brief Exercise 18-11 *Brief Exercise 19-16 *Exercise 19-17 *Brief Exercise 21-1 *Brief Exercise 21-4 Top of Form Bottom of Form Question 1 Meriden Company has a unit selling price of $630, variable costs per unit of $378, and fixed costs of $200,340. Compute the break-even point in units using the mathematical equation. Break-even point units Top of Form Bottom of Form Question 2 For Turgo Company, variable costs are 58% of sales, and fixed costs are $180,600. Management’s net income goal is $82,320. Compute the required sales in dollars needed to achieve management’s target net income of $82,320. Required sales $ Top of Form Bottom of Form Question 3 For Kozy Company, actual sales are $1,208,000 and break-even sales are $736,880. Compute the margin of safety in dollars and the margin of safety ratio. Margin of safety $ Margin of safety ratio % Top of Form Bottom of Form Question 4 Montana Company produces basketballs. It incurred the following costs during the year. Direct materials $14,384 Direct labor $25,250 Fixed manufacturing overhead $10,260 Variable manufacturing overhead $31,798 Selling costs $20,948 What are the total product costs for the company under variable costing? Total product costs $ Top of Form Bottom of Form Question 5 Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs. Variable Cost per Unit Direct materials $7.73 Direct labor $2.52 Variable manufacturing overhead $5.92 Variable selling and administrative expenses $4.02 Fixed Costs per Year Fixed manufacturing overhead $241,554 Fixed selling and administrative expenses $247,303 Polk Company sells the fishing lures for $25.75. During 2012, the company sold 80,600 lures and produced 95,100 lures. Assuming the company uses variable costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ Prepare a variable costing income statement for 2012. POLK COMPANY Income Statement For the Year Ended December 31, 2012 Variable Costing $ $ $ Assuming the company uses absorption costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ Prepare an absorption costing income statement for 2012. POLK COMPANY Income Statement For the Year Ended December 31, 2012 Absorption Costing $ $ Top of Form Bottom of Form Question 6 For the quarter ended March 31, 2012, Maris Company accumulates the following sales data for its product, .

Description Instructions Complete the following in WileyPLUS .docx

theodorelove43763

Acc 349 Enhance teaching-snaptutorial.com

robertleew1

ACCT 346Education Redefined / snaptutorial.com

McdonaldRyan181

ACCT 346 Enhance teaching - tutorialrank.com

LeoTolstoy13

ACCT 346 Effective Communication/tutorialrank.com

jonhson248

ACC 349 Education Organization / snaptutorial.com

donaldzs170

Ähnlich wie Hydro Sports budgets overhead cost of $735-000 for the year- of this a.pdf (13)

Polk Company builds custom fishing lures for sporting goods stores.docx

ACCT 346 Education Specialist / snaptutorial.com

Acc 349 Exceptional Education / snaptutorial.com

ORmaster

ACC 349 PAPER Become Exceptional--acc349paper.com

Heromotor sfinal

Description Instructions Complete the following in WileyPLUS .docx

Acc 349 Enhance teaching-snaptutorial.com

ACCT 346Education Redefined / snaptutorial.com

ACCT 346 Enhance teaching - tutorialrank.com

ACCT 346 Effective Communication/tutorialrank.com

ACC 349 Education Organization / snaptutorial.com

Mehr von ColinjHJParsonsa

The organ in the brain that is primarily responsible for normal respir.pdf

ColinjHJParsonsa

The total value of your inventory amounts to $150-000- Your inventory.pdf

ColinjHJParsonsa

The total of individual weights of garbage discarded by 16 households.pdf

ColinjHJParsonsa

The total of individual weights of garbage discarded by 16 households (1).pdf

ColinjHJParsonsa

The Oracle tutorial on Object-Oriented Programming- What is an object-.pdf

ColinjHJParsonsa

The probability that a randomly selected box of a certain type of cereal has a particular prize is 0.4 . Suppose you purchase box after box until you have obtained four of these prizes. (a) What is the probability that you purchase x boxes that do not have the desired prize? h ( x ; 4 , 0.4 ) b ( x ; 4 , 0.4 ) h ( x ; 4 , 4 , 10 ) nb ( x ; 4 , 4 , 10 ) nb ( x ; 4 , 0.4 ) b ( x ; 4 , 4 , 10 ) (b) What is the probability that you purchase six boxes? (Round your answer to four decimal places.) (c) What is the probability that you purchase at most six boxes? (Round your answer to four decimal places.).

The table below shows the orbital period (in AU ) and the distance (in.pdf

ColinjHJParsonsa

The principar iferesents an ancient di money deposled li a saiving woocunt whect to conipoun interest at the goven nase. A. Find how much meney thior wi het is the aocoure anter pe govn minter of yean. D. Find the iresreat ramed Giok the iten ls vhew some ficance formisas Formulas in the provised formuas, A is the balarice in the accosit anor t year,, P is the principal investment, is the aroual interest rate in decmal focm. n is the fumber of eompeumding periods per year, and Y is the invesinenits eflective moul yold in decinai form. A = P ( 1 + n r ) n A P = ( 1 + n f ) n A A = P e A Y = ( 1 + n f ) a f.

The Student Economics Society plans to recruit a new chairperson- Data.pdf

ColinjHJParsonsa

The percentage of wins for a basketball team going into the playoffs was 84.6% . Round the 84.6 to 80 in order to use the accompanying table. (a) What is the probability that the team wins the first 4 games of the initial best-of-7 series? (b) What is the probability that the team wins the initial best-of-7 series? (c) What very important assumption is made in answering parts (a) and (b)? Click here to view page 1 of the table of binomial probability sums. (a) The probability that the team wins the first 4 games is (Round to four decimal places as needed.) Binomial Probability Sums W ( x ; , p ).

The slope coefficient - is called 1- Alpha 2- Beta 3- Regression 4- In.pdf

ColinjHJParsonsa

THE PARTYBUS CLASS(40 marks) Some persons were concerned over whether a ministry should be getting involved with an activity that could be considered non-productive. To appease detractors, the ministry came up with a solution that every party should have a purpose. The effect on your implementation is that your PartyBus will be EITHER a specialized SportBus or a specialized TrainingBus. Note also that the Ministry of Transport wants to evaluate multiple potential solutions, so has prescribed that the pool of programmers (which include you), submit a solution that meets the following criteria: If the first letter of your surname is M or smaller, a PartyBus is a specialized SportBus. calculation for PartyBus Estimated value foodArea x superclass getEstimate(type, numPersons, level)/(3 x barArea) import java.util.ArrayList; public class TrainingBus extends Bus { private int teacherArea; private int studentArea; private int wifiRange; private ArrayList<String> courseList; public TrainingBus(String name, int basePrice, int wifiRange, int lev, Ministry mny, int teacherArea, int studentArea, String courseList) { super(name, 0, basePrice, lev, mny); this.teacherArea = teacherArea; this.studentArea = studentArea; this.wifiRange = wifiRange; this.courseList = new ArrayList<String>(); this.setize(teacherArea + studentArea); this.tripTypes += ",TRAINING"; String[] courses = courseList.split(","); for (String course : courses) { this.courseList.add(course.trim()); } } private void setize(int i) { } public double getTeacherArea() { return teacherArea; } public double getStudentArea() { return studentArea; } public int getBasePrice() { return 2 * super.getBasePrice(); } public int getEstimate(String type, int numPersons, int level) { int numCourses = courseList.size(); int estimate = super.getEstimate(type, numPersons, level); return (5 * teacherArea * estimate) / numCourses; } } import java.util.ArrayList; import java.io.*; public class Driver { public static void main(String[] args) throws IOException { // TODO Auto-generated method stub PrintStream outFile = new PrintStream(new File("Project1.Output.txt")); System.setOut(outFile); //Nothing below here has changed ArrayList<Planner> planners = new ArrayList<Planner>(); Ministry mny = new Ministry("TRANSPORT" ); Bus[] buses = populateBuses(mny); Planner p1 = new Planner("Planner1",100000,mny,buses); Planner p2 = new Planner("Planner2",50000,mny, buses); Planner p3 = new Planner("Planner3",60000,mny,buses); Planner p4 = new Planner("Planner4",2000000,mny,buses); Planner p5 = new Planner("Planner5",72500000,mny,buses); planners.add(p1); planners.add(p2); planners.add(p3); planners.add(p4); planners.add(p5); int testDays=3; for (int i=0; i< testDays;i++) { for(Planner pl:planners) { int approvalId=-1; System.out.println("======================================"); System.out.println(pl.getName()+ "[budget:$"+pl.getBudget()+"] planning basic transport for 10 people on day "+ i); if ((approvalId=pl.planTrip(10, ".

The Seven Seas Travel Agency maintains an organized collection of cust.pdf

ColinjHJParsonsa

The Paris Paint Company is in the process of planning labor force requirements and production levels for the next four quarters. The marketing department has provided production with the following forecasts of demand for Paris Paint over the next year. Assume that there are currently 280 cmployces with the company. Employees are hired for at least one full quarter. Hiring costs amount to $1 , 200 per employee and firing costs are $2 , 500 per employee. Inventory costs are \$1 per gallon per quarter. It is estimated that one worker produces 1,000 gallons of paint cach quarter. Assume that Paris curreatly has 80,000 gallons of paint in inventory and would like to end the year with an inventory of at least 20,000 gallons. a. Determine the minimum constant workforce plan for Paris Paint and the cost of the plan. Assume that stock-outs are not allowed. b. If Paris were able to back-order excess demand at a cost of $2 per gallon per quarter, determine a minimum constant workforce plan that holds less inventory than the pian you found in part ( a ) , but incurs stock-outs in quarter 2. Determine the cost of the new plat..

The Seven Seas Travel Agency maintains an organized collection of cust (1).pdf

ColinjHJParsonsa

The sequence in which different silicate minerals crystallize during t.pdf

ColinjHJParsonsa

The overhead that had been applied to production during the year is distributed among Work in Process. Finished Goods, and Cost of Goods Sold as of the end of the year as follows: For example, of the $40 , 000 ending balance in work in process, $19 , 500 was overhead that had been applied during the year: Required: 1. Identify reasons for entries (a) through (d). 2. Assume that the underapplied or overapplied overhead is closed to Cost of Goods. Sold. Prepare the necessary journal entry 3. Assume that the underapplied or overapplied overhead is closed proportionally to Work in Process. Finished Goods, and Cost of Goods Sold. Prepare the necessary joumal entry. Complete this question by entering your answers in the tabs below. Identify reasons for entries (a) through (d)..

The Scientific Method Pre-Labohatory Assignment To be handed in to you.pdf

ColinjHJParsonsa

If W_AA -1-WAB-1-1- and W_BB-1-1- the population size is 10-000 - and.pdf

ColinjHJParsonsa

If we are looking for the probability of event E occurring given that.pdf

ColinjHJParsonsa

If the weather is good- which happens with probability 0-7- Jessica wa.pdf

ColinjHJParsonsa

If the nation's investment opportunities are highly attractive relativ.pdf

ColinjHJParsonsa

If the probability density function of a continuous random variable X.pdf

ColinjHJParsonsa

If the inner lining of the air sacs of birds is neither thin nor highly vascularized, then what can be reasoned about the air sacs function? a) They cannot effectively moisturize the air before it reaches the lungs. b) They must not belong to the respiratory system. c) They must obtain nutrition from some other source other than the bloodstream. d) They are not directly involved in gas exchange between air and blood. e) They cannot be derived from endoderm..

If the inner lining of the air sacs of birds is neither thin nor highl.pdf

ColinjHJParsonsa

If the partial pressure of oxygen is lower in the pulmonary capillarie.pdf

ColinjHJParsonsa

If the company declares a two-for-one stock split- how many shares are.pdf

ColinjHJParsonsa

Mehr von ColinjHJParsonsa (20)