Motel bases its budgets on guest-days. The motel's static budget for July appears below: Budgeted number of guest-days Budgeted variable overhead costs Supplies (@$7.90 per guest-day) Laundry (@$5.10 per guest-day) Total variable overhead cost Budgeted fixed overhead costs Wages and salaries Occupancy costs Total fixed overhead cost Total budgeted overhead cost O $206.040 $129.640 6,800 $211.240 $117.640 $53,720 34,680 88,400 72,760 44,880 The total overhead cost at an activity level of 7.200 guest-days per month should be: 117,640 $206,040

Motel bases its budgets on guest-days. The motel's static budget for July appears below: Budgeted number of guest-days Budgeted variable overhead costs Supplies (@$7.90 per guest-day) Laundry (@$5.10 per guest-day) Total variable overhead cost Budgeted fixed overhead costs Wages and salaries Occupancy costs Total fixed overhead cost Total budgeted overhead cost O $206.040 $129.640 6,800 $211.240 $117.640 $53,720 34,680 88,400 72,760 44,880 The total overhead cost at an activity level of 7.200 guest-days per month should be: 117,640 $206,040

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 14E: Factory overhead cost budget Sweet Tooth Candy Company budgeted the following costs for anticipated...

See similar textbooks

Similar questions

ILS Duugets on patlent-Visits. The hospital's static budget for October appears below: Pudsou ana su saS Budgeted number of patient-visits Budgeted variable overhead costs: Supplies (@$5.80 per patient-visit) Laundry (@$8.80 per patient-visit) Total variable overhead cost Budgeted fixed overhead costs: Wages and salaries 8,300 $ 48,140 73,040 121, 180 54,400 Occupancy costs Total fixed overhead cost 141, 100 Total budgeted overhead cost $262, 280 The total overhead cost at an activity level of 9,000 patient-visits per month should be: Multiple Cholce $284,400 $274180 $272.500 Mc 1 of 10 Type here to search 近 DE
Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits Budgeted variable overhead costs: Supplies (@$6.00 per patient-visit) Laundry (@$9.00 per patient-visit) Total variable overhead cost Budgeted fixed overhead costs: Wages and salaries Occupancy costs Total fixed overhead cost. Total budgeted overhead cost Multiple Choice The total overhead cost at an activity level of 8,400 patient-visits per month should be: O $280,800 $270,300 $267,900 7,700 $ 46,200 69,300 115,500 $257,400 54,900 87,000 141,900 $ 257,400
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,200 machine-hours Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Depreciation Total overhead cost Multiple Choice The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 2,100 machine-hours rather than 2,200 machine-hours? (Round your intermediate calculations to 2 decimal places.) O $54,560 $53,330 $52,770 $ 9,240 17,820 $52,080 15,300 5,600 6,600 $ 54,560
Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits Budgeted variable overhead costs: Supplies (@$5.50 per patient-visit) Laundry (@$8.50 per patient-visit) Total variable overhead cost Multiple Choice Budgeted fixed overhead costs: Wages and salaries Occupancy costs Total fixed overhead cost Total budgeted overhead cost The total overhead cost at an activity level of 7,700 patient-visits per month should be: о O $261,690 $251,890 $247,700 7,000 $237,900 $ 38,500 59,500 98,000 53,650 86,250 139,900 $ 237,900
Carreras Café is a Spanish restaurant in a college town. The owner expects that the number of meals served in June will be 40 percent below those served in May, because so many students leave for the summer. In May, the restaurant served 4,400 meals at an average price of $15. In the summer (June through August), the average price of a meal typically increases by 30 percent and the average food cost of a meal increases by 15 percent. Other costs are typically unchanged during the summer. The following cost information is available for May. Service costs (variable with respect to meals) Variable service costs (with respect to meals) Food costs $11,000 16,500 6,400 9,300 $43,200 Labor Other variable costs Fixed service costs Total service costs Marketing and administrative costs Marketing (variable with respect to meals) Administrative (fixed) Total marketing and administrative costs 6,000 5,000 $11,000 Total costs $54,200 Required: Prepare a budgeted income statement for June. (Do not…
4. Use the following terms in preparing the budget: Insurance Maintenance Utilities Depreciation Expense Sales Commissions Depreciation Indirect Material Maintenance Salaries Indirect Labor Supervisory Salaries Sales Salaries Insurance Expense Spree Party Lights overhead expenses are: Indirect material, pounds per unit 0.25 Indirect material, cost per pound $ 2 Indirect labor hours 1 Indirect labor rate per hour $16.50 Variable maintenance per unit $0.75 Variable utilities per unit $0.20 Supervisor salaries $10,000 Maintenance salaries $9,000 Insurance $3,000 Depreciation $1,500 PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown…
Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits Budgeted variable overhead costs: Supplies (@$4.90 per patient-visit) Laundry (@$7.90 per patient-visit) 7,700 $ 37,730 60,830 98,560 Total variable overhead cost Budgeted fixed overhead costs: 52,150 85,350 Wages and salaries Occupancy costs Total fixed overhead cost 137,500 Total budgeted overhead cost $236,060 The total overhead cost at an activity level of 8,400 patient-visits per month should be: Multiple Choice $257,520 $248,560 $245,020 $236,060
ABC Corporation has prepared the following overhead budget for next month. Activity level Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Depreciation Total overhead cost 3,700 machine-hours $ 21,090 35,520 18,100 7,100 8,100 $ 89,910 The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 3,600 machine-hours rather than 3,700 machine-hours? (Round your intermediate calculations to 2 decimal places.)
Use the Information below to answer the two questions that follow. A company provides delivery services and uses two activity measures for its costs: the miles driven and the number of customer order. For the most recent month, the company reported the following information: Actual $ 12,940 $ 22 per mile $ 13 per order Budgeted Fixed cost per month Varlable cost per mile Varlable cost per order $ 26 $ 12 Miles driven Customer orders Budgeted 74 480 Actual 64miles 460 orders Spending Varlance for total costs $203 Unfavorable Q. What was the company's budgeted fixed cost per month? ANS. S Q. What was the company's activity variance for the month? ANS. $ (Click to select) v
Aero Travel Trailer Manufacturing is working on budgeting utility cost. The controller has decided that utilities are a function of the hours worked during the month. The following information is available and representative of the company’s utility costs: - Hours worked Utility cost incurred Low point 1,300 $ 903 High point 1,680 1,074 If 1,425 hours are worked in a month, total utility cost (rounded to the nearest dollar) using the high-low method should be Group of answer choices $947. $959. $954. $976.
Roberts Company has the following manufacturing overhead budget for the current month: Budgeted units to be produced VOH* cost per unit Budgeted VOH* Budgeted FOH** $23,000 $30 690,000 4,000 15,000 Budgeted manufacturing overhead costs 19,000 $709,000 *VOH - Variable Manufacturing Overhead Depreciation Rent Total budgeted FOH **FOH - Fixed Manufacturing Overhead What would be the budgeted manufacturing overhead costs for the month if Roberts Company expects to increase the budgeted production of units to 28,000 and the variable overhead cost per unit is expected to decrease to $25 per unit? OA. $709,000 O B. $719,000 OC. $700,000 OD. $681,000 1:34 PM
Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Refer to the information for Pizza Vesuvio on the previous page. Assume that this information was used to construct the following formula for monthly labor cost. TotalLaborCost=5,237+(7.40EmployeeHours) Required: Assume that 675 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations: 1. Calculate total variable labor cost for September. 2. Calculate total labor cost for September.