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Arisa [49]
4 years ago
9

Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead cos

ts per direct labor hour are as follows. Indirect labor $1.20 Indirect materials 0.50 Utilities 0.20 Fixed overhead costs per month are Supervision $4,400, Depreciation $1,500, and Property Taxes $500. The company believes it will normally operate in a range of 7,700–10,700 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using increments of 1,000 direct labor hours.
Business
1 answer:
My name is Ann [436]4 years ago
8 0

Answer:

\left[\begin{array}{cccccc}-&rate&7,700&8,700&9,700&10,700\\IL&1.2&9,240&10,440&11,640&12,840\\IM&0.5&4620&5,220&5,820&6,420&Utilities&0.2&924&10,44&1,164&1,284&Total  \: Variable&1.9&14,784&16,704&18,624&20,544&Fixed&6,100&6,100&6,100&6100&6,100&MO&-&20,884&22,804&24724&26,644&\end{array}\right]

Explanation:

You have to apply the rate to each activity level.

for example

DL rate 1.20 x 7700 = 9240

The fixed cost remains constant.

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-Dominant- [34]

Answer:

a) Competitive price

Explanation:

a) Competitive price

Competitive price strategy is taken into consideration for setting prices for a product keeping in mind the competitors price for the similar products.

Competitive price have better sales and compete better with other similar products in the market. It gains a competitive edge in the market. It gains maximum customer recognized values.

6 0
3 years ago
Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server
Flauer [41]

Answer:

Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy:

This is just a means of having a copy-write of company's email, it is the responsibility of the company to be liable for any discredit that comes with it

Explanation:

7 0
4 years ago
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs
eimsori [14]

Answer:

a. 22,400 units

b. 27,600 units

Explanation:

Break even point is the level of Activity where a firm neither makes a profit nor a loss.

<em>Break -even (units) = Fixed Costs / Contribution per unit</em>

<u>Contribution per unit</u>

Contribution per unit = Sales per unit <em>less</em> Variable Cost per unit

                                   = $66 - $44

                                   = $22

Break -even (units) =  $492,800 / $22

                                =  22,400 units

<em>Sales units to reach a target profit = (Target Profit + Fixed Costs) / Contribution per unit</em>

                                                        = ($114,400 + $492,800) / $22

                                                        = $607,200 / $22

                                                        = 27,600 units

4 0
3 years ago
Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial w
Norma-Jean [14]

Answer: The correct answer is "CFO".

Explanation: A CFO (Chief Financial Officer) is responsible for the economic and financial planning of the company. It is who decides the investment, financing and risk in order to increase the value of the company for its owners (whether shareholders or partners). It provides financial, accounting knowledge and in general an analytical look at the business. In many cases he is also the strategic affairs advisor for the CEO.

Therefore, if he is guilty of serious misconduct, he may subject the company to large losses in financial wealth.

7 0
3 years ago
Background:
ivann1987 [24]

Answer:

i want to see the answer to this question

3 0
3 years ago
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