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PSYCHO15rus [73]
2 years ago
15

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

Business
1 answer:
Oliga [24]2 years ago
6 0

Answer:

                          Hubs Sprockets

Direct Materials   29            17

Direct Labor        13.3            5.7

Overhead            14.65          0.24

Unit Cost              56.95       22.94

Explanation:

<u><em>Labor:</em></u>

Hubs: 0.7 hours per unitx 19 labor rate = $13.3

Sprockets 0.3 x 19 = $5.7

<u><em>Direct Materials:</em></u>

Hubs $29

Sprockets $17

<u><em>Overhead rate</em></u>

Activity                         Pool   Hub          Sprockets

Machine Setups            225   125(55.56%) 100(44.44%)

Special processing 3900 3900    

<u>Machine Setups</u>

27,000 x 55.56% /13,000 units:  $   1.1538  

27,000 x 44.44% / 50,000 units  $  0.24

<u>Special Processing</u>

175,500/13,000 = $13.5

Total overhead

sprockets: $0.24

hubs: $14.65

Units cost:

hubs: 13.3  + 29 + 14.65 = 56.95

sprockets: 5.7 + 17 + 0.24 = 22.94

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B is the correct answer.

An unfavourable fixed overhead volume variance can be due to all of the following except an increase in utility costs.

<h3>What is utility costs?</h3>

Utilities costs are the price associated with using services including electricity, water, waste removal, heating, and sewage. Throughout the reporting period, expenses are incurred, calculated, and accrued for, or payments are made. The term "Utility Costs" refers to all fees, surcharges, and other expenses related to providing any utilities that are necessary for the Premises, the Premises, or the Improvements, including, but not limited to, heating, ventilation, and air conditioning costs, costs associated with providing gas, electricity, and other fuels or power sources to the Premises, and costs associated with providing water and sewage services to the Premises.

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8 0
1 year ago
On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at
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Answer:

$28,800

Explanation:

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3 years ago
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Answer:

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