Direct materials Direct labor Variable overhead Fixed overhead $ 300 per tablet 3 hours per tablet at $26 per hour 3 hours per tablet at $5 per hour $54,000 per month Direct materials Direct labor Variable overhead Fixed overhead $ 341,000 88,000 17,600 56,320
Direct materials Direct labor Variable overhead Fixed overhead $ 300 per tablet 3 hours per tablet at $26 per hour 3 hours per tablet at $5 per hour $54,000 per month Direct materials Direct labor Variable overhead Fixed overhead $ 341,000 88,000 17,600 56,320
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 13E: Job 19AB required 10,000 for direct materials, 4,000 for direct labor, 300 direct labor hours, 150...
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Question
Preparing a flexible budget and performance report
This continues the Piedmont Computer Company situation from Chapter 22. Assume Piedmont Computer Company has created a
During the month of September, Piedmont Computer Company incurred the following costs while manufacturing 1,100 PCC model tablets;
Requirements
- Prepare a flexible budget for September for 900, 1,000, and 1,100 PCC model tablets. The tablet has a standard sales price of $675. List variable costs separately.
- Using 1,000 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $767,800. The company sold 1,100 tablets.
- What insights can the management of Piedmont Computer Company draw from the performance report?
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