Question: Please answer all The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department of Paralith Incorporated had


Please answer all
The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department of Paralith Incorporated had developed the following static budget for the third quarter. Duck Decoy is in the process of preparing the flexible budget and understanding the results. Actual Results Flexible Budget Static Budget Sales volume (in units) 13,000 10,000 $231,000 Sales revenues Variable costs $236,000 162,000 180,000 Contribution margin 74,000 51,000 Fixed costs 40,000 34,000 $17,000 Operating profit $34,000 $ The flexible budget will report for variable costs. (Round any intermediate calculations to the nearest cent, and round your final answer to the nearest dollar.) A. $124,600 B. $18,000 C. $180,000 D. $234,000 J&J Materials and Construction Corporation produces fertilizer and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units 710 truckloads Budgeted fleet hours 568 hours Budgeted variable manufacturing overhead costs for 710 loads $89,460 Actual output units produced and delivered 660 truckloads Actual fleet hours 468 hours $84,960 Actual variable manufacturing overhead costs What is the flexible-budget variance for variable manufacturing overhead? A. $4,500 unfavorable B. $1,800 favorable C. $4,500 favorable D. $1,800 unfavorable J&J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units 700 truckloads Budgeted fleet hours 350 hours $55,300 Budgeted variable manufacturing overhead costs for 700 loads Actual output units produced and delivered 655 truckloads Actual fleet hours 246 hours $51,100 Actual variable manufacturing overhead costs What is the flexible-budget amount for variable manufacturing overhead? (Round intermediary calculations two decimal places and your final answer to the nearest whole dollar.) O A. $51,100 B. $51,745 C. $55,300 D. $47,815
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
