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sions Question 10 --/1 ences View Policies prations Current Attempt in Progress LUS Support Vaughn Manufacturing's budgeted manufacturing costs for 40000 squares of shingles are: S. entral 365 Fixed manufacturing costs $12000 Variable manufacturing costs $16 per square Vaughnproduced 30000 squares of shingles during March. How much are budgeted total manufacturing costs in March? O $652000 O $492000 O $640000 O $480000 search

$ $ $ $ Price/unit 14 Variable cost/unit Total fixed cost 4 400,000 500,000 Target profit Calculate the breakeven in units. Calculate the breakeven revenues. Calculate the target profit in units. Calculate the target profit revenues. Construct an income statement in contribution margin format when the number of units sold are 50,000 units.

Unit selling price Unit variable cost Unit contribution margin $296 233 $63 $154 $174 126 153 $28 $21 2 6 Autoclave hours per unit 4 Total process hours per unit 8 Budgeted units of production 2,500 2,500 2,500 a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production. Large Small 6 12 Medium Unit contribution margin Autoclave hours per unit Unit contribution margin per production bottleneck hour Units produced Revenues Less: Variable costs Contribution margin Less: Fixed costs Income from operations b. Prepare an analysis showing which product is the most profitable per bottleneck hour. Round the "Unit contribution margin per production bottleneck hour" amounts to the nearest cent. Large Total Medium Small

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Flexible Budget for Various Levels of Production Budgeted amounts for the year: Materials 2 leather strips @ $7.00 Labor 1.5 hr. @ $18.00 VOH 1.5 hr. @ $1.20 FOH $6,800 Required: 1. Prepare a flexible budget for 3,500, 4,000, and 4,500 units. Flexible Budget   Variable Costper Unit 3,500 units 4,000 units 4,500 units Direct materials $ $  $  $  Direct labor         Variable overhead         Fixed overhead         Total   $ $ $ 2. CONCEPTUAL CONNECTION Calculate the unit cost at 3,500, 4,000, and 4,500 units. (Note: Round unit costs to the nearest cent.) Unit cost at 3,500 units $ Unit cost at 4,000 units $ Unit cost at 4,500 units $ What happens to unit cost as the number of units produced increases? The cost per unit  as the number of units produced increases because fixed cost is spread over a greater number of units. Check My Work

S TICkel $76 Budgeted selling price per unit Budgeted unit sales (all on credit): 9,500 January 9,900 February March 10,600 12,600 April Raw materials requirement per unit of output 3pounds Raw materials cost $5.00per pound Direct labor requirement per unit of output 2.2direct labor-hours Direct labor wage rate $18.00per direct labor-hour Credit sales are collected: 40% in the month of the sale & 60% in the following month Raw materials puchases are paid: 30% in the month of purchase & 70% in the following month The ending finished goods inventory should equal 10% of the following month's sales. The ending raw materials inventory should equal 40% of the following month's raw materials production needs. Required: (LO_5) EXCEL a. What are the budgeted sales for February? b. What are the expected cash collections for February? c. According to the production budget, how many units should be produced in February? d. If 32,400 pounds of raw materials are needed for production in March, how…

Kimmel, Accounting, 7e Help | System Announcements 16 PM/ Remaining: 23 min. CALCULATOR PRINTER VERSION 1 BACK NEXT Problem 21-01A National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. GMX