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
Damm [24]
3 years ago
14

Gundy Company expects to produce 1,207,200 units of Product XX in 2017. Monthly production is expected to range from 75,600 to 1

17,600 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $7, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 21,000 unit increments.
Business
1 answer:
kenny6666 [7]3 years ago
5 0

Answer and Explanation:

The preparation of the flexible manufacturing budget is presented below:

                                              Activity level    

Finished units                 75,600            96,600           117,600

                                                      (75,600 + 21,000)      

Variable costs    

Direct materials($3) $226,800 $289,800 $352,800

Direct labor ($7)          $529,200 $676,200 $823,200

Overhead ($10)         $756,000       $966,000       $1,176,000

Total variable costs $1,512000       $1,932,000      $2,352,000

Fixed costs    

Depreciation [($4 ×  1,207,200) ÷  12] $402,400    $402,400   $402,400  

Supervision [($1 ×  1,207,200) ÷  12]     $100,600     $100,600   $100,600

Total fixed costs     $503,000           $503,000          $503,000

Total costs            $2,015,000          $2,435,000       $2,855,000

We simply added the total variable and total fixed cost so that the total cost could come and the same is shown above

You might be interested in
A gold ring selling for $1845 is reduced by 30% after Valentine's Day. Find the reduced price of the ring. To find a price after
Anit [1.1K]

Answer:

1291.50

Explanation:

8 0
3 years ago
Read 2 more answers
Marvin Gaye's song "Gotta Give It Up" was protected by ___________ .
monitta

Answer:

d. not selected option d copyright

6 0
3 years ago
Read 2 more answers
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and
Llana [10]

Answer:

maximum profit = $7500

so correct option is c  $7500

Explanation:

given data

mean = 500

standard deviation = 300

cost = $10

price = $25

Inventory  salvaged = $5

to find out

What is its maximum profit

solution

we get here maximum profit that is express as

maximum profit = mean × ( price - cost )   ..................................1

put here value in equation 1 we get maximum profit

maximum profit = mean × ( price - cost )

maximum profit = 500 × ( $25 - $10 )

maximum profit = 500 × $15

maximum profit = $7500

so correct option is c  $7500

4 0
3 years ago
The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be exp
vodomira [7]

Answer:

b. rightward shift of aggregate demand and a leftward shift of aggregate supply.

Explanation:

The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be explained by a rightward shift of aggregate demand and a leftward shift of aggregate supply.

The rightward shift of aggregate demand is as a result of strong economic growth and price stability.

8 0
3 years ago
Read 2 more answers
Ramsay, the ceo of a large corporation, was indicted for tax fraud. the government accused him of hiding a vast amount of the co
Harlamova29_29 [7]
In this type of situation, both Ramsay and the company will be investigated for the tax fraud case. Even if Ramsay was found not guilty, the company will still be investigated since the company is a separate entity and there is an alleged big amount hidden in company's assets. If the company is found guilty, it will still be liable for the case even if Ramsay was found not guilty. Most likely, the investigators will try to tie the case back to him anyway since he is one of the main representatives of the company. 
4 0
3 years ago
Other questions:
  • An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al
    12·1 answer
  • ________ is the ability of a country to produce a specific good at a lower opportunity cost than its trading partners.
    13·1 answer
  • QS 12-15 Computing financing cash flows LO P3 The following information is from Princeton Company’s comparative balance sheets.
    8·1 answer
  • Donald (a married taxpayer filing jointly) owns a wide variety of commercial rental properties held in a single-member LLC. Dona
    9·1 answer
  • Cheyenne is a manager at her company. She listens to an employee, Enu, voice his opinion about a policy that he disagrees with.
    5·2 answers
  • Margaret sells hand-knit scarves at a flea market. Each scarf sells for $25. Margaret pays $30 to rent a vending space for one d
    14·1 answer
  • At the beginning of Year 2, Better Corp.'s accounting records had the following general ledger accounts and balances. BETTER COR
    11·1 answer
  • Assume you own a churro stand. Also assume the next unit of labor that you hire produces 16 churros per hour, and the next machi
    11·1 answer
  • The information content of a regular dividend increase generally signals that:Multiple Choicefuture dividends will be lower.the
    8·1 answer
  • A factory sells backpacks for $40. 00 each. The cost to make 1 backpack is $10. 0. In addition to the costs of making backpacks,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!