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Citrus2011 [14]
3 years ago
13

In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2017 were

as follows.
Budget Actual
Indirect materials $14,200 $13,700
Indirect labor 19,100 19,900
Utilities 11,400 12,100
Supervision 4,600 4,600
All costs are controllable by the department manager.
Prepare a responsibility report for April for the cost center.
Business
1 answer:
CaHeK987 [17]3 years ago
4 0

Answer:

                            HANNON COMPANY

                           Assembly Department

           Manufacturing Overhead Cost Responsibility Report

                     For the Month Ended April 30,2017

Controllable Cost     Budget$   Actual$   Difference$   Remark  

Indirect materials       14,200       13,700         500         Favourable

Indirect Labor             19,100        19,900       -800         Unfavourable

Utilities                        11,400        12,100        -700         Unfavourable

Supervision                 4,600        4,600           0                 None

Total                            49,300       50,300    -1,000       Unfavourable

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A firm producing good Y recently increased monthly production from​ 1,500 units to​ 2,000 units. This had no impact on the marke
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Answer:

A. At the current level of​ production, the firm is making a profit of​ $3,000.

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Units produced at second scenario 2000

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