Entries by Munene david

Yourtube Company uses a standard cost system and prepared the following budget at normal capacity for the month of January.

February 17, 2020 in /by

Yourtube Company uses a standard cost system and prepared the following budget at normal capacity for the month of January. Direct labor hours 24,000 Variable factory overhead $ 48,000 Fixed factory overhead $108,000 Total factory overhead per DLH $6.50 Actual data for January were as follows: Direct labor hours worked 22,000 Total factory overhead $147,000 […]

 

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McConnell is a manufacturer of industrial components.

February 17, 2020 in /by

McConnell is a manufacturer of industrial components. One of its products that is used as a subcomponent in auto manufacturing is JC-46. This product has the following financial structure per unit. Selling price $150 Direct materials 20 Direct labor 15 Variable manufacturing overhead 12 Fixed manufacturing overhead 30 Shipping and handling 3 Fixed selling and […]

 

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The following are relevant data for calculating sales variances for Lumber Co., which sells its sole product in two countries.

February 17, 2020 in /by

The following are relevant data for calculating sales variances for Lumber Co., which sells its sole product in two countries. John Quincy Total Budgeted selling price per unit $6.00 $10.00 NA Budgeted variable cost per unit   3.00 7.50 NA Budgeted contribution margin per unit $3.00 $ 2.50 NA Budgeted unit sales 300 200 500 […]

 

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For a simple regression analysis model that is used to allocate factory overhead,

February 17, 2020 in /by

For a simple regression analysis model that is used to allocate factory overhead, an internal auditor finds that the intersection of the line of best fit for the overhead allocation with the y-axis is $5,000. The slope of the trend line is .20. The independent variable, factory wages, amounts to $900,000 for the month. What […]

 

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