Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2.

Clark Company's master budget includes $264,000 for equipment depreciation. The master budget was prepared for an annual volume of 44,000 chargeable hours. This volume is expected to occur uniformly throughout the year. During September, Clark performed 4,500 chargeable hours and recorded $23,100 of depreciation. Required: 1. Determine the flexible-budget amount for equipment depreciation in September. 2. Compute the spending variance for the depreciation on equipment. Was the variance favorable (F) or unfavorable (U)? (Leave no cell blank; if there is no effect enter "0" and select "None" from dropdown.) 3. Calculate the fixed overhead production volume variance for depreciation expense in September. Was this variance favorable (F) or unfavorable (U)? (Leave no cell blank; if there is no effect enter "O" and select "None" from dropdown.) 1. Flexible-budget amount 2 Spending variance-equipment depreciation 3 Production volume variance

You are given the following budgeted and actual data for the Grey Company for each of the months January through June of the current year. In December of the prior year, sales were forecasted as follows: January, 100 units February, 95 units March, 102 units April, 107 units May, 114 units June, 122 units. In January of the current year, sales for the months February through June were reforecasted as follows: February, 90 units March, 102 units April, 102 units May, 104 units June, 117 units.  In February of the current year, sales for the months March through June were reforecasted as follows: March, 97 units April, 102 units May, 99 units June, 117 units In March of the current year, sales for the months April through June were reforecasted as follows: April, 102 units May, 94 units June, 107 units In April of the current year, sales for the months May and June were reforecasted as follows: May, 84 units June, 102 units In May of the current year, sales for June were…

You are given the following budgeted and actual data for the Grey Company for each of the months January through June of the current year. In December of the prior year, sales were forecasted as follows: January, 108 units; February, 103 units; March, 110 units; April, 115 units; May, 122 units; June, 130 units. In January of the current year, sales for the months February through June were reforecasted as follows: February, 98 units; March, 110 units; April, 110 units; May, 112 units; June, 125 units. In February of the current year, sales for the months March through June were reforecasted as follows: March, 105 units; April, 110 units; May, 107 units; June, 125 units. In March of the current year, sales for the months April through June were reforecasted as follows: April, 110 units; May, 102 units; June, 115 units. In April of the current year, sales for the months May and June were reforecasted as follows: May, 92 units; June, 110 units. In May of the current year, sales for June…

ABC Company’s budgeted sales for June, July, and August are 12,800, 16,800, and 14,800 units, respectively. ABC requires 30% of the next month’s budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 3,840 units. Required: Calculate the number of units to be produced in June and July.

S ABC Company's raw materials purchases for June, July, and August are budgeted at $39,000, $29,000, and $54,000, respectively. Based on past experience, ABC expects that 70% of a month's raw material purchases will be paid in the month of purchase and 30% in the month following the purchase. Required: Prepare an analysis of cash disbursements from raw materials purchases for ABC Company for August. Budgeted raw material purchases August cash payments: Current month's purchases Prior month's purchases Total cash payments June July August $ 0

Asv1

Use the given data shown in the graph. A. What is the budgeted fixed cost per period? B. What is the budgeted variance cost per unit? C. What is the value of F (that is, the flexible budget for an activity of 8,000 units)? D. What is the flexible budget cost amount if the actual activity had been 16,000 units?

Production Budget and Purchase of Raw Materials. Brown Corporation's sales budget for the following year is as follows: Quarter 1 = 20,000 units %3D Quarter 2 = 25,000 units Quarter 3 = 22,000 units %3D Quarter 4 = 30,000 units Each unit of product requires 2 pounds of direct materials. The company's policy is that at the beginning of each quarter, product inventory is 15 percent of sales for the quarter and direct material inventory is equal to 25 percent of diréct material needs for production in that quarter. Required: Determine the production and purchase budget of raw materials for the second quarter!

The Molson Company had budgeted production for the year as follows: Quarter 1 2 3 4 Production in units 10,200 12,200 18,100 14,200 Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 lbs. The raw materials inventory at the end of each quarter should equal 20% of the next quarter's production needs in materials. Budgeted purchases of raw materials in the second quarter would be: Multiple Choice 53,520 lbs . 54,000 lbs. 45,600 lbs. 48,800 lbs.