Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $5,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? $90,000 $80,000 $86,000 $88,000 Assume a company's direct labor budget for July estimates 10,000 labor-hours to meet the month's production requirements. The variable manufacturing overhead rate used for budgeting purposes is $2.50 per direct labor-hour. The budgeted fixed manufacturing overhead for July is $60,000 including $5,000 of depreciation. What is the amount of budgeted cash disbursements for manufacturing overhead for July? $90,000 $80,000 $86,000 $88,000
Expert Answer:
Answer rating: 100% (QA)
Correct answer 80000 amount of budgeted cash disbursements 10000 25 6... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
Students also viewed these accounting questions
-
Neely, Inc., is preparing its direct labor budget for 2010 from the following production budget based on a calendar year. Each unit requires 1.6 hours of direct labor.InstructionsPrepare a direct...
-
Chung, Inc., is preparing its direct labor budget for 2012 from the following production budget based on a calendar year. Each unit requires 1.6 hours of direct labor.InstructionsPrepare a direct...
-
Rodriguez, Inc., is preparing its direct labor budget for 2012 from the following production budget based on a calendar year. Each unit requires 1.6 hours of direct labor. Instructions Prepare a...
-
What are the different relays that employed for protection of apparatus and transmission lines?
-
Is there anything wrong with the bank statement? What are some ways to tell whether any of the amounts have been altered?
-
As a team, apply the SWOT framework to an individuals career. Identify strengths, weaknesses, opportunities, and threats for a fictitious colleague (thus avoiding the possible discomfort of asking a...
-
A comparison is shown between yards rushing for the first and last games of the season for 10 different football teams. Which team is best? And, yes, this is a trick question-can you find the trick?
-
Equity Method On January 1, 2010, Meredith Corporation purchased 25% of the common shares of Pirates Company for $200,000. During the year, Pirates earned net income of $80,000 and paid dividends of...
-
Company Y acquired The Seoul Post in February 2021 for $315 million. Suppose the yearly margin per Seoul Post reader is $1 per year (coming from advertising), and the yearly retention rate is 70%,...
-
The spring mechanism is used as a shock absorber for a load applied to the drawbar AB. Determine the force in each spring when the 50-kN force is applied. Each spring is originally unstretched and...
-
Assume that insurance company ABC provides a health insurance contract with a premium value P= USD 20,000 in 2019. Expected customer health care costs Xi are distributed independently and uniformly...
-
A Newtonian liquid circulates through a cylindrical tube with a laminar regime and steady flow with a pressure difference of 6 0 0 Pa between the ends of the tube. How many times would the flow rate...
-
What is the horizontal component of the balls velocity when it leaves Sarita's hand? 2) What is the vertical component of the balls velocity when it leaves Sarita's hand? 3) What is the maximum...
-
A tortoise and hare start from rest and have a race. As the race begins, both accelerate forward.The hare accelerates uniformly at a rate of 1 . 7 m / s ^ 2 for 4 . 0 s . It then continues at a...
-
For the circuit shown in the figure, e = 120 V, R = 10, R = 202, R3 = 302, L= 10 mH and L2 = 20 mH. The inductors L and L2 have no appreciable resistance and the switch S has been open for a very...
-
Y Part D Determine the magnitude of the velocity vy with which she enters the water Express your answer to two significant figures and include the appropriate units. = 6.7 Part E H 0 130 d Submit...
-
The laboratory supervisor of a commercial lab is given the responsibility of purchasing cuvettes for their spectrophotometer. They settle on two suppliers whose cuvette prices are the same. The...
-
Derive Eq. (18.33) from Eq. (18.32).
-
The Central Area Well-Baby Clinic provides a variety of health services to newborn babies and their parents. The clinic is organized into a number of departments, one of which is the Immunization...
-
Define the following terms: differential cost, sunk cost, and opportunity cost.
-
Marple Associates is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two officesone in Houston and one in Dallas. The firm...
-
What are the basic forms of international business activity?
-
Explain the importance of understanding international business.
-
Does your college or university have any international programs? Does this make the institution an international business? Why or why not?
Study smarter with the SolutionInn App