Judges Gavel uses this information when preparing their flexible budget: direct materials of $3 per unit, direct
Question:
Judge’s Gavel uses this information when preparing their flexible budget: direct materials of $3 per unit, direct labor of $2.50 per unit, and manufacturing overhead of $1.25 per unit. Fixed costs are $49,000. What would be the budgeted amounts for 33,000 and 35,000 units?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
To calculate the budgeted amounts for 33000 and 35000 units well need to consider both the variable ...View the full answer
Answered By
ROXAN VEGA
I have extensive hands-on experience and proficiency in assisting students in various subjects. During my tutoring sessions, I prioritize creating a supportive and engaging learning environment. I strive to understand each student's unique learning style and tailor my teaching methods accordingly. I am patient, empathetic, and skilled at breaking down complex concepts into simpler, more manageable parts. I encourage active participation and discussion, promoting critical thinking and problem-solving skills.
One of my strengths as a tutor is my ability to adapt to different learning needs and styles. I can explain difficult concepts using real-life examples, visual aids, or interactive exercises, depending on what works best for the student. I also provide clear explanations, answer questions, and offer guidance in a clear and concise manner.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per unit, direct labor of $3 per unit, and manufacturing overhead of $1 per unit. Fixed costs are...
-
Which of the following factors should be considered when deciding whether to keep a product line or drop it? Select all that apply and click on Submit 1. Opportunity costs of using the production...
-
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 5...
-
Considering all of the below, recommend and justify a price for this deal. This is not easy to do. Put yourself in the shoes of the Robertson managers. Who wants it more? The buyer-Monmouth? The...
-
Ernie Malone and Carrie Mathus form a partnership on July 1, 201X. Malone contributes $39,500. Mathus contributes $27,500 cash and land costing $18,400 with a current fair value of $33,500. A $29,500...
-
Exercise 4.163 introduces a study in which half of the kindergarten classes in a school district are randomly assigned to receive iPads. We learn that the results are significant at the 5% level (the...
-
The type of model building used by Pauling and by Watson and Crick involved the use of ball-and-stick units. Model building can now be done with computer software. Even though you may not be familiar...
-
Transactions for Mehta Company for the month of May are presented below. Prepare journal entries for each of these transactions. (You may omit explanations.) May 1 B.D. Mehta invests $4,000 cash in...
-
Find the two unknown sides in this triangle. Keep 4 significant digits. x+3.10m -240m-x 5.21m
-
Replenish sells shampoo that removes chlorine from hair. It prepared a static budget for the sales of 10,000 units. These variances were observed: Determine the static budget and use the information...
-
Using the provided budgeted information for production of 10,000 and 15,000 units, prepare a flexible budget for 17,000 units. Production Expense A Expense B Expense C 10,000 units $15,000 21,000...
-
Define synergy. Is synergy a valid rationale for mergers?
-
After the entry of a judgment, who can appeal? a. Only the winning party. b. Only the losing party. c. Either the winning party or the losing party. d. None of the above.
-
If a crime is punishable by death, it must be a felony. (True/False)
-
In what situation can a party to an illegal contract enforce it against the other party?
-
Standard Products, Inc., obtains a patent on a portable laser printer. This patent is violated if another firm reproduces the printer a. in its entirety only. b. either in its entirety or in part. c....
-
Dinh and Bill are involved in an automobile accident. Sue is a passenger in Bills car. Dinhs attorney wants to ask Sue, as a witness, some questions concerning the accident. Sues answers to the...
-
Assume you believe that the yield curve will flatten and therefore the spread between long and short rates will narrow. Furthermore, assume others do not share this belief. What action in the futures...
-
What can you do to reduce hunger where you live? To reduce hunger globally?
-
How are performance appraisals used as a reward system, and what problems can they cause?
-
What would your manager say to you if you came up with the idea of traveling with Justin Timberlake on tour for an entire year? This would not just be a work from home agreement but an actual out of...
-
You are the general manager of a floral supplies distributor that provides independent florists with things that they need for their business, such as vases, ribbons, and balloons. You have read that...
-
Assume that there are 2 investors with superior stock-picking ability and they are both tracking the same passive portfolio. Also, assume that they have the same forecast for the passive portfolio's...
-
Ethereum (one of the largest altcoins) had its Initial Coin Offering (ICO) on July 30, 2015. Ether tokens were sold during this ICO at 31 per token. On January 13, 2018, the price of one Ether token...
-
Calculate the following financial ratios and enter them into the table below. Return on Assets = Net Income / Total Assets Return on Equity = Net Income / Equity Debt-to-equity Ratio = Total...
Study smarter with the SolutionInn App