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Scrat [10]
3 years ago
13

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets

and performance reports. During May, the company budgeted for 7,700 units, but its actual level of activity was 7,650 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:Data used in budgeting:Fixed element per month Variable element per unitRevenue - $ 35.20Direct labor $ 0 $ 5.80Direct materials 0 12.80Manufacturing overhead 34,000 1.50Selling and administrative expenses 26,500 0.50Total expenses $ 60,500 $ 20.60Actual results for May:Revenue $ 270,800Direct labor $ 44,210Direct materials $ 99,995Manufacturing overhead $ 48,500Selling and administrative expenses $ 30,570The direct materials in the flexible budget for May would be closest to:
Business
1 answer:
Mama L [17]3 years ago
6 0

Answer:

$97,920

Explanation:

Budgeted direct material cost per unit $ 12.8

Actual level of activity 7,650

Direct material in the flexible budget $ 97,920

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Answer:

Option C. It provided individual incentives; now it provides organizational incentives.

Explanation:

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3 0
3 years ago
For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $2,000 for six months of insurance c
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Answer:

Adjusting Entries

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Explanation:

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3 0
2 years ago
You're considering a project with an initial cost of $6400, what is the payback period for this project if the cash inflows are
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900 + 1,350 = 2,250

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inna [77]

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3 years ago
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