Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,940 units, but its actual level of activity was 5,890 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October: Data used in budgeting: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses Actual results for October: Revenue Direct labor Direct materials Multiple Choice Fixed element per month $258 U $0 $0 0 37,400 26,800 $ 64,200 $ 178,095 $ 33,510 $ 51,800 Manufacturing overhead $ 47,775 Selling and administrative expenses $ 33,670 The activity variance for selling and administrative expenses in October would be closest to: Variable element per unit $ 30.30 $ 6.00 9.00 1.70 1.20 $ 17.90

At the beginning of the period, the Cutting Department budgeted direct labor of $66,360 and supervisor salaries of $24,720 for 4,740 hours of production. The department actually completed 5,200 hours of production. Determine the budget for the department assuming that it uses flexible budgeting. $

At the beginning of the period, the Cutting Department budgeted direct labor of $54,060 and supervisor salaries of $47,590 for 3,180 hours of production. The department actually completed 3,500 hours of production. Determine the budget for the department assuming that it uses flexible budgeting.$______________

The following information applies to the questions displayed below.]   Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below:     Fixed Elementper Month Variable Element per Customer Served Actual Totalfor May Revenue     $ 5,400   $ 226,000 Employee salaries and wages $ 61,000 $ 2,200   $ 158,700 Travel expenses     $ 530   $ 20,700 Other expenses $ 40,000       $ 38,000   When preparing its planning budget the company estimated that it would serve 40 customers per month; however, during May the company actually served 45 customers. 13. What amount of other expenses would be included in Adger’s planning budget for May? - What activity variance would Adger report in May with respect to its revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U"…

At the beginning of the period, the Cutting Department budgeted direct labor of $98,200 and supervisor salaries of $34,880 for 4,910 hours of production. The department actually completed 5,400 hours of production. Determine the budget for the department assuming that it uses flexible budgeting

Consider Derek's budget information: materials to be used totals $63,800; direct labor totals $201,700; factory overhead totals $395,600; work in process inventory January 1, $189,900; and work in progress inventory on December 31, $191,300. What is the budgeted cost of goods manufactured for the year?

Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 35.100 customers. but actually served 33.400 customers. The company uses the following revenue and cost formulas in its budgeting, where is the number of customers served Revenue: $3.60g Wages and salaries: $33,300+ $113g Supplies: $0.53q Insurance: $10,500 Miscellaneous expenses: $6,500 $0.31 The company reported the following actual results for February $ 121,000 $ 60,100 $ 14,500 $ 10,500 $ 18,200 Revenue Wages and salaris Supplies Insurance Miscellaneous expense Required: Prepare the company's flexible budget performance report for February. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (Le.. zero variance). Input all amounts as positive values.) Customer served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense tal…

Elroy Corporation bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $2.90 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $198,560 per month, which includes depreciation of $28,970. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 9,800 direct labor-hours will be required in that month. Required: SHOW YOUR WORK in budget format    a. Determine the cash disbursements for manufacturing overhead in good form, including heading, for January 2024b. Determine the predetermined overhead rate for July. (Round your answer to 2 decimal places.)

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