Lloyd Company produces music boxes. The standard factory overhead cost at 100% of normal capacity is $100,000 (20,000 hours at $5: $3 variable, $2 fixed). If 700 hours were unused, the fixed factory overhead volume variance would be: Group of answer choices $1,400 unfavorable $700 favorable $2,100 unfavorable $1,400 favorable
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- Accounting Variable manufacturing costs are $93 per unit, and fixed manufacturing costs are $130,200. Sales are estimated to be 8,300 units. If an amount is zero, enter "O". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 8,300 units and a plan to produce 9,300 units? $fill in the blank 1 b. How much would variable costing income from operations differ between the two production plans?Variable manufacturing costs are $123 per unit, and fixed manufacturing costs are $55,000. Sales are estimated to be 4,000 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. How much would absorption costing operating income differ between a plan to produce 4,000 units and a plan to produce 5,000 units? X a. $ b. How much would variable costing operating income differ between the two production plans?Variable manufacturing costs are $125 per unit, and fixed manufacturing costs are $206,800. Sales are estimated to be 8,000 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 8,000 units and a plan to produce 9,400 units?$ b. How much would variable costing operating income differ between the two production plans? $
- Costner produces two product lines. Prices/costs per unit follow. "W" "H" Selling price $60 $45 Direct material $16 $12 Direct labor ($20/hour) $15 $10 Variable overhead $12 $8 Demand for "W" is 209 units and "H"is 341 units Costner has only 175 labor hours available Given the constrained resource, what is the maximum contribution margin the company can attain if it uses the optimal sales mix? Round only your final answer to the nearest dollar. Hint: Consider the financial result if the company follows your recommendations on which line to produce first and how many they would be able to produce of the other product.If variable manufacturing costs are $16 per unit and total fixed manufacturing costs are $315,000, what is the manufacturing cost per unit if: a. 5,000 units are manufactured and the company uses the variable costing concept?$fill in the blank 1 b. 6,300 units are manufactured and the company uses the variable costing concept?$fill in the blank 2 c. 5,000 units are manufactured and the company uses the absorption costing concept?$fill in the blank 3 d. 6,300 units are manufactured and the company uses the absorption costing concept?$fill in the blank 4R company can produce 1,000 of finished goods units through following costs: Direct material Direct labor Variable overhead Fixed overhead The company can buy these 1,000 units from outside for $170,000. Fixed cost of $19,250 is avoidable if units are purchased from outside. If the company will produce the goods, then what will be the cost savings? Answer * O O A B с $82,000 $33,500 $27,000 $19,250 D
- Variable manufacturing costs are $120 per unit, and fixed manufacturing costs are $82,500. Sales are estimated to be 6,600 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 6,600 units and a plan to produce 7,500 units?fill in the blank 1 of 1$ b. How much would variable costing operating income differ between the two production plans?$fill in the blank 1 of 1The estimated costs of producing 6,000 units of a component are: Per Unit Direct Material Direct Labor $10 8. Applied Variable Factory Overhead 9. Applied Fixed Factory Overhead $1.5 per direct labor dollar The same component can be purchased from market at a price of $29 per unit. If the component is 12 purchased from market, 25% of the fixed factory overhead will be saved. Required: a. Should the component be purchased from the market? b. Being a production manager, provide your logical opinion on choosing between purchasing the component from market or producing in-houseA company’s current cost information relating to its production is shown in the table below: Per Unit Sales price $ 43 Direct material $ 7 Direct labor $ 6 Variable overhead $ 4 Fixed overhead $ 4 The company has been approached by a customer with a request for a 200-unit special order. What is the minimum per unit sales price that management would accept for this order, assuming the company has sufficient excess capacity?
- Rianne Company produces a light fixture with the following unit cost:Direct materials $2Direct labor 1Variable overhead 3Fixed overhead 2Unit cost $8The production capacity is 300,000 units per year. Because of a depressed housing market,the company expects to produce only 180,000 fixtures for the coming year. The company alsohas fixed selling costs totaling $500,000 per year and variable selling costs of $1 per unit sold.The fixtures normally sell for $12 each.At the beginning of the year, a customer from a geographic region outside the area normallyserved by the company offered to buy 100,000 fixtures for $7 each. The customer also offeredto pay all transportation costs. Since there would be no sales commissions involved, this orderwould not have any variable selling costs.Required:1. CONCEPTUAL CONNECTION Based on a quantitative (numerical) analysis, should thecompany accept the order?2. CONCEPTUAL CONNECTION What qualitative factors might impact the decision?Assume that no other…Consider the following production and cost data for two products, Big and Little: Big Little Demand in units 10,000 15,000 Contribution margin per unit $24 $18 Machine-hours needed per unit 4 MH 2 MH Labor hours needed per unit 6 DLH 4 DLH The company has 60,000 machine hours available each period. What is the maximum amount of contribution margin the company can make each period? Group of answer choices $240,000 $180,000 $270,000 $510,000 $450,000Blaney Company has one mixed cost. It uses machine hours as the activity level. Using the high - low method, determine the variable and fixed cost components. Machine Hours Total Cost January February March $10,600 8,600 9,600| 7,600 $19,590 15,060 17,340 15,000 April Round your answers to the nearest cent. Do not use commas or dollars signs in your responses. Variable cost $ per machine hour Fixed cost $