Flexible budget for assembly department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate Prepare a flexible budget for 13,000, 16,000, and 20,000 filing cabinets for the month ending February 28 in the Assembly Department, similar to Exhibit 4. Round your final answers to the whole dollar, if required. Cabinaire Inc. Total variable cost Assembly Department Budget For the Month Ending February 28 (assumed data) Line Item Description Amount Amount Amount 13,000 16,000 20,000 Units of production Variable cost: Fixed cost: 30 minutes Total fixed cost $111,000 per month $21,000 per month $15 per hour 000

Flexible budget for assembly department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet Supervisor salaries Depreciation Direct labor rate Prepare a flexible budget for 13,000, 16,000, and 20,000 filing cabinets for the month ending February 28 in the Assembly Department, similar to Exhibit 4. Round your final answers to the whole dollar, if required. Cabinaire Inc. Total variable cost Assembly Department Budget For the Month Ending February 28 (assumed data) Line Item Description Amount Amount Amount 13,000 16,000 20,000 Units of production Variable cost: Fixed cost: 30 minutes Total fixed cost $111,000 per month $21,000 per month $15 per hour 000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Flexible overhead budgetLeno Manufacturing Company prepared the following factory overheadcost budget for the Press Department for October of the current year,during which it expected to require 20,000 hours of productive capacityin the department: Assuming that the estimated costs for November are the same as forOctober, prepare a flexible factory overhead cost budget for the PressDepartment for November for 18,000, 20,000, and 22,000 hours ofproduction.
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Accounting Capstone - Master Budget
Flexible Budget for Assembly Department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet 20 minutes Supervisor salaries $117,000 per month Depreciation $17,000 per month Direct labor rate $12 per hour Prepare a flexible budget for 14,000, 18,000, and 21,000 filing cabinets for the month ending February 28 in the Assembly Department similar to Exhibit 5. Round your final answers to the whole dollar, if required. Cabinaire Inc. Assembly Department Budget For the Month Ending February 28 (assumed data) Units of production 14,000 18,000 21,000 Variable cost: Total variable cost Fixed cost: Total fixed cost Total department costs %24 %24 %24
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Required: Complete the company's flexible budget for August.
Print Item Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for July is summarized as follows: a. Estimated sales for July by sales territory: Maine: Backyard Chef 310 units at $700 per unit Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master Chef 110 units at $1,300 per unit New Hampshire: Backyard Chef 360 units at $750 per unit Master Chef 180 units at $1,400 per unit b. Estimated inventories at July 1: Direct materials: Grates 290 units Stainless steel 1,500 lbs. Burner subassemblies 170 units Shelves 340 units Finished products: Backyard Chef 30 units Master Chef 32 units c. Desired inventories at July 31: Direct materials: Grates 340 units…
Flexible Budget for Assembly Department Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet 30 minutes Supervisor salaries $117,000 per month Depreciation $32,000 per month Direct labor rate $15 per hour Prepare a flexible budget for 11,000, 14,000, and 17,000 filing cabinets for the month of August in the Assembly Department, similar to Exhibit 5. Cabinaire Inc-Assembly Department Flexible Production Budget For the Month Ending August 31 (assumed data) Units of production 11,000 14,000 17,000 Variable cost: Direct labor Fixed cost: Supervisor salaries Depreciation Total fixed cost Total department cost
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