Bowling Company provided the following information for last year. Required: 1. Calculate the budgeted amounts for each
Question:
Required:
1. Calculate the budgeted amounts for each cost category listed above for the 4,000 budgeted units.
2. Prepare a performance report using a budget based on expected production.
Transcribed Image Text:
Master Budget Actual Data Budgeted production 4,000 Direct materials: Direct labor VOH FOH: 3 pounds @$0.60 per pound 0.5 hr. $16.00 per hour 0.5 hr. $2.20 Materials handling, $6,200 3.800 units 6,800 30,500 4,200 6,300 Depreciation, $2,600 2,600
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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