This topic contains a solution. Click here to go to the answer

Author Question: River Falls Company uses a flexible budget for its indirect manufacturing costs. For 2017, the ... (Read 81 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
River Falls Company uses a flexible budget for its indirect manufacturing costs. For 2017, the company anticipated that it would produce 27,000 units with 4,800 machine-hours and 8,000 employee days. The costs and cost drivers were to be as follows: 

FixedVariableCost driver
Product handling$45,000$0.75per unit
Inspection12,00012.00per 100 unit batch
Utilities6006.00per 100 unit batch
Maintenance1,2500.25per machine-hour
Supplies5.00per employee day

During the year, the company processed 26,500 units, worked 8,200 employee days, and had 4,850 machine-hours. The actual costs for 2017 were: 

Actual costs
Product handling$70,000
Inspection16,000
Utilities2,000
Maintenance3,000
Supplies40,000

Required:
a.  Prepare the static budget using the overhead items above and then compute the static-budget variances.
b.  Prepare the flexible budget using the overhead items above and then compute the flexible-budget variances.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tatyanajohnson on Mar 6, 2021

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library