1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nostrana [21]
3 years ago
10

he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indica

tes that 3,000 direct labor-hours will be required in January. The variable overhead rate is $5 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,140 per month, which includes depreciation of $3,620. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Business
2 answers:
Fofino [41]3 years ago
6 0

Answer:

To calculate the total cash disbursement for manufacturing overhead, take the total manufacturing overhead cost less depreciation.

Total manufacturing overhead cost

= Variable costs + Fixed costs

= (direct labor hours x rate per direct labor hour) + Fixed costs

= (3000 x $5) + $43140

= $15000 + $43140

= $58140

Cash disbursement cost

= Total manufacturing overhead cost - depreciation

= $58140 - $3620

= $54520

The January cash disbursement for manufacturing overhead is $54520.

Explanation:

A few key points to remember:

Fixed manufacturing overhead cost is all the costs of production which stay constant such rent, depreciation, etc. In other words components in the manufacturing process which stay constant.

Variable cost is based on the number of direct labor hours and the rate allocated per direct labor hour.

When calculating the cash disbursement, depreciation is taken out as a fixed component from the total manufacturing cost as it is not a cash outlay even though it is a fixed cost. Hence cash disbursement is calculated on the total manufacturing overhead less depreciation.

Fudgin [204]3 years ago
3 0

Answer:

$54 520

Explanation:

Calculations as follows

Direct labor budgeted hours  3000

The variable manufacturing overhead $5 per hour

The total variable manufacturing costs

3000*$5=$15 000

Fixed overhead manufacturing overhead cost given

$43140

but included depreciation and depreciation is a non cash expense so should be deducted as the goal is to calculate cash

43140-$3620=$39520

So the total cash disbursement for manufacturing overhead budget is

$15000+$39520=$54 520

You might be interested in
The retained earnings statement shows all of the following except the amount of dividends paid during the period. the changes in
Ymorist [56]

Answer:

the amount of expenses incurred during the period

Explanation:

Retained earnings are a  part of a company's income that has not been distributed to shareholders as dividends. When management opts not to distribute all of the company's earnings as dividends, the portion not shared out is the retained earnings.

The retained earnings statement shows the accumulated amount of retained earnings up to the current period. It indicates the total earnings, the dividend paid out, and the retained earnings for the current financial year. The retained earnings statement does not feature expenses. Expenses are accounted for in the income statement that shows profits or loss for the period

5 0
3 years ago
Which of the following is a disadvantage of assembly lines
butalik [34]
The correct option is C.
The assembly line is a manufacturing process in which parts are added as the semi finished assembly as they move from workstation to workstation. The parts are added in sequence until all the parts are added. This type of production method is not suitable for production of small batches of products. 
6 0
3 years ago
Read 2 more answers
David Company has plans to produce 100,000 units of Product A and 200,000 units of Product B. The planned results of a month's o
alexandr402 [8]

Answer:

Break-even point= 114943 units

Product A:  77012 units

Product B:  37931 units

Explanation:

Giving the following information:

David Company has plans to produce:

Product A: 100,000 units.

Product B: 200,000 units.

Sales revenue:

Product A= 100,000*1.20= $120,000

Product B= 200,000*0.40= $80,000

Total= $200,000

Varable expense=

Product A= 0.60*100,000= $60,000

Prodcut B= 0.30*200,000= $60,000

Total= $120,000

Contribution Margin= $80,000

Fixed costs= $50,000

Net Income= $30,000

The formula of the break-even point with multiple products is:

Break-even point= Total fixed costs/ (weighted average selling price/ weighted average variable expenses)

First, we have to calculate the sales percentage of individual products in the total sales mix.

Total sales= 300,000 units

A: 200,000/300,000= 0.67

B:100,000/300,000=0.33

Weighted average selling price= (Sale price of product A × Sales percentage of product A) + (Sale price of product B × Sale percentage of product B)= (1.20*0.67)+(0.40*0.33)= $0.936

Weighted average variable expenses= (Variable costs of product A × Sales percentage of product A) + (Variable costs of product B × Variable expenses of product B)= (0.60*0.67) + (0.30*0.33) = $0.501

Now, we can calculate the break-even point:

Break-even point= 50,000/(0.936-0.501)= 114943 units

Product A: 0.67*114943= 77012 units

Product B: 0.33*114943= 37931 units

6 0
3 years ago
What is the primary responsibility of oversight bodies (such as an irb or iacuc)?
mojhsa [17]

The primary responsibility of oversight bodies (such as an IRB or IACUC) is to assess legal-regulatory compliance, and if applicable, to protect research subjects.

Responsibility can also be used to describe Group responsibility. societal accountability for businesses. Duty. obligation to pay.

Being responsible entails carrying out your obligations and accepting the consequences of your decisions. A duty is something you are required to do. Being responsible means carrying out your obligations. Taking ownership of your actions means accepting both the credit and the blame for what you have done.

Three Categories of Responsibilities Every Business Owner Must Fulfil

  • environmental obligations.
  • obligations to comply.
  • Customer obligations.

Responsibility is crucial because it gives people a feeling of purpose and helps society develop resilience in the face of hardship. Like an addiction, avoiding responsibilities may feel wonderful in the short run, but it results in misery and suffering that is tenfold worse in the long run.

To learn more about Responsibility visit here:

brainly.com/question/28903029  

#SPJ4

3 0
1 year ago
Which of these are goals of an expansionary policy? Check all that apply. a. increased available credit b. decreased available c
nignag [31]

Answer:

a. increased available credit

c. increased money supply

f. decreased interest rates

Explanation:

Expansionary policy is a policy pursued by either the government or the monetary authority to stimulate aggregate demand in the economy. This can be achieved through the use of either the fiscal policy tool by the government or the monetary policy tool by the Federal Reserve.

The policy target of expansionary policy are any of the economic goals of the government, such as economic growth, control of inflation, favorable balance of payment, e.t.c.

5 0
3 years ago
Other questions:
  • The drug enforcement agency (dea) is a example of ___?
    15·1 answer
  • Finore Manufacturing has the following amounts on its 12/31/14 balance sheet. Cash $150 Other current assets 397 Property, plant
    14·1 answer
  • What is the tax on an annual salary of 66000 dollars​
    13·1 answer
  • Brad, a project manager, wants to build a database to integrate information about employees and tasks that they handle. Brad wan
    9·1 answer
  • If consumers really like an ad, __________. Group of answer choices their involvement in processing the ad may decrease classica
    14·1 answer
  • Wilcox Electronics uses sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Ide
    15·1 answer
  • use numerical method to calculate BEP of a wine company that sells a 1000 litres of wine per week at R12 per litre. They produce
    9·1 answer
  • Which of the following is the best example of a good?
    9·1 answer
  • Why is it important to screen your business idea?​
    14·1 answer
  • Jason works part-time at a grocery store after school. Jason has worked at the store for two years but still hasn't received a w
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!