Evanson Company expects to produce 572.000 units during the year. Monthly production is expected to range...

 

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Evanson Company expects to produce 572.000 units during the year. Monthly production is expected to range from 40.000 to 80.000 units. The company has budgeted manufacturing costs per unit to be as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $ 22 24 3 Required: Prepare a flexible manufacturing budget using 20.000 unit increments Myrtle Company has sales of $173,000, cost of goods sold of $72.730, operating expenses of $18,190, average invested assets of $540,000, and a hurdle rate of 6.50 percent. Calculate Myrtle's return on investment and its residual income. Note: Enter your ROI answer as a percentage rounded to two decimal places, (l.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar. Evanson Company expects to produce 572.000 units during the year. Monthly production is expected to range from 40.000 to 80.000 units. The company has budgeted manufacturing costs per unit to be as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $ 22 24 3 Required: Prepare a flexible manufacturing budget using 20.000 unit increments Myrtle Company has sales of $173,000, cost of goods sold of $72.730, operating expenses of $18,190, average invested assets of $540,000, and a hurdle rate of 6.50 percent. Calculate Myrtle's return on investment and its residual income. Note: Enter your ROI answer as a percentage rounded to two decimal places, (l.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answer to the nearest whole dollar.

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To prepare a flexible manufacturing budget for Evanson Company the calculation of the manufacturing ... View the full answer