Christopher Djobo

$10/27/249$:$33$ PM

Question $21$ of $25$

This test: $25$ point$($s$)$ possible

This question: $1$ point$($s$)$ possible

Rica's Fleet Feet, Inc., produces dance shoes for stores all over the world. While the pairs of shoes are boxed individually, they are crated and shipped in batches. The shipping department records both variable direct batch$-$level costs and fixed batch$-$level overhead costs. The following information pertains to shipping department costs for $2020.$

$($Click to view the information.$)$

Read the requirements.

Requirement $1.$ What is the static budget number of crates for $2020?$

Determine the formula to calculate the amount. Then, enter the amounts in the formula to calculate the static budget number of crates.

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Requirement $2.$ What is the flexible budget number of crates for $2020?$

Determine the formula to calculate the amount. Then, enter the amounts in the formula to

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Requirement $3.$ What is the actual number of crates shipped in $2020?$

Determine the formula to calculate the amount. Then, enter the amounts in the formula to

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$1$

Data table

$\backslash$table$[[,$Static$-$Budget Amounts,Actual Results$],[$Pairs of shoes shipped,,$220,000,,209,000],[$Average number of pairs of shoes per crate,,$11,,8],[$Packing hours per crate,,$0\mathrm{.}9$ hours,,$0\mathrm{.}7$ hour$],[$Variable direct cost per hour,$$,24,$$$,26],[$Fixed overhead cost,$$,63,000,$$$,58,000]]$

Requirement $4.$ Assuming fixed overhead is allocated using crate$-$packing hours, what is

Determine the formula first. Then enter the amounts to calculate the static budget fixed of

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Requirement $5.$ For variable direct batch$-$level costs, compute the price and efficiency variances.

Begin by calculating the following amounts.

Budgeted Hours Allowed