Shalom Company prepared the following overhead budget for next month:Activity level7,500machine hoursVariable overhead costsSuppliesIndirect labor22,50048,750Fixed overhead costsSupervision15,000Utilities6,000Depreciation10,000The company's variable overhead costs are driven by machine-hours.In your flexible budget report, what is the total manufacturing costs if 7,500 units were producedat 7,800 machine hours? Amounts must be in whole numbers. Example: 88,000 or (88,000) Shalom Company has provided the following data concerning its costs:Fixed cost per month22,3005,0001 Administrative expenses2 Depreciation3 Supplies4 Rent5Utilities6 Wages and salariesSuppliesUtilitiesDepreciationRentAdministrative expensesWages and salaries15,0004,70024,1001,7004,6905,00015,00021,30039,400The company planned to work for 300 hours in February for P350 per hour. However, it worked360 hours during that month, an activity level within its relevant range. Amounts must be in wholenumbers. Example: 88,000 or (88,000)Actual costsCost per hour1.002.006.00Format should be: 8,000 F or 8,000 UFNo need to indicate if the amount is positive or negative.utilities3.5035.00In your flexible budget performance report, identify the difference between budgeted and actualcosts and indicate as favorable or unfavorable.

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Shalom Company prepared the following overhead budget for next month: Activity level 7,500 machine hours Variable overhead costs Supplies Indirect labor 22,500 48,750 Fixed overhead costs Supervision 15,000 Utilities 6,000 Depreciation 10,000 The company's variable overhead costs are driven by machine-hours. In your flexible budget report, what is the total manufacturing costs if 7,500 units were produced at 7,800 machine hours? Amounts must be in whole numbers. Example: 88,000 or (88,000)

Shalom Company prepared the following overhead budget for next month: Activity level 7,500 machine hours Variable overhead costs Supplies Indirect labor 22,500 48,750 Fixed overhead costs Supervision 15,000 Utilities 6,000 Depreciation 10,000 The company's variable overhead costs are driven by machine-hours. In your flexible budget report, what is the total manufacturing costs if 7,500 units were produced at 7,800 machine hours? Amounts must be in whole numbers. Example: 88,000 or (88,000)

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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