The following data are for the year ended December 31, 2021:                         Beginning Inventory 170,000 units         Ending Inventory 69,000 units         Sales 690,800 units         Selling Price 33.00 per unit         Variable manufacturing cost per unit 7.65 per unit         Variable operating (marketing) cost per unit sold 1.65 per unit sold         Fixed manufacturing costs 2,880,000           Fixed operating (marketing) costs 2,160,000                         The Company budgeted: 450,000 units of goods sold in the month in which it occurs.                 Assume standard costs per unit are the same for units in beginning inventory and units produced during the year.   Also, assume no price, spending, or efficiency variances. Any production-volume variance is written off to cost of goods sold. Do not type dollar signs ($) or spaces (_).               What is the Company's Fixed Overhead Cost per unit? $per unit         What is the Company's Operating Income Difference? $         What is the Company's Production-Volume Variance (for Absorption)? $

Osprey Cycles, Inc. projected sales of 60,589 bicycles for the year. The estimated January 1 inventory is 6,049 units, and the desired December 31 inventory is 7,919 units. What is the budgeted production (in units) for the year?__________________

Lily’s Manufacturing Company has budgeted the following unit sales:                            2021                                       Units                         January                                     10,000                         February                                     8,000                         March                                         9,000                         April                                         11,000                         May                                          15,000 The finished goods units on hand on December 31, 2020, was 1,000 units. Each unit requires 2 pounds of raw materials that are estimated to cost an average of $3 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 10% of next month's anticipated sales. They also have a policy of maintaining a raw materials inventory at the end of each month equal to 20% of the pounds needed for the following month's production.…

Osprey Cycles, Inc. projected sales of 61,611 bicycles for the year. The estimated January 1 inventory is 4,381 units, and the desired December 31 inventory is 6,835 units. What is the budgeted production (in units) for the year?fill in the blank 1 units

What are the total units required for production for the month of fe

Osprey Cycles, Inc. projected sales of 64,237 bicycles for the year. The estimated January 1 inventory is 3,510 units, and the desired December 31 inventory is 6,177 units. What is the budgeted production (in units) for the year?______________________

Crane Corporation's master budget for the year is shown below: Sales (60,700 units) Cost of goods sold: Direct materials Direct labor Overhead (variable overhead applied at 45% of direct labor cost) Gross profit Selling expenses: Sales commissions (all variable) Rent (all fixed) Insurance (all short-term fixed) General expenses: Salaries (all short-term fixed) Rent (all short-term fixed) Depreciation (all short-term fixed) Operating income $ 212,450 497,740 247,000 Required 1 $ 160,248 47,000 37,000 Required 2 95,500 80,500 57,000 $ 2,306,600 957,190 $ 1,349,410 Required: 1. During the year, the company manufactured and sold 55,700 units of product. Prepare a flexible budget for this level of output. 2. Now suppose that the actual level of output was 65,700 units. Prepare a flexible budget for this output level. 477, 248 $ 872,162 Complete this question by entering your answers in the tabs below. During the year, the company manufactured and sold 55,700 units of product. Prepare a…

Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct man $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2020: Beginning Inventory Ending Inventory Direct materials 24,000 units 24,000 units Work-in-Process Inventory 0 units O units Finished Goods Inventory 2,000 units 2,500 units What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead. O $48,000; S96,000; $19.200 O $44,000; $88,000, $17.600 O $41.000, $82.000; $16,400 O $40,000, S80,000: $16,000 - Previous

Weller Company's budgeted unit sales for the upcoming fiscal year are provided below:   1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 22,000 23,000 20,000 20,000 The company’s variable selling and administrative expense per unit is $2.10. Fixed selling and administrative expenses include advertising expenses of $15,000 per quarter, executive salaries of $41,000 per quarter, and depreciation of $21,000 per quarter. In addition, the company will make insurance payments of $4,000 in the first quarter and $4,000 in the third quarter. Finally, property taxes of $6,400 will be paid in the second quarter. Required: Prepare the company’s selling and administrative expense budget for the upcoming fiscal year. Note: Round "Per Unit" answers to 2 decimal places.

Paula Corporation reports the following for this month: The beginning inventory is 30 units. It produces 140 units during this month. And 150 units are sold at $3,000 each. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 200 units, the same every month. Variable costs: manufacturing cost per unit = $100; the operating cost per unit = $20 Total Fixed costs: budgeted manufacturing costs = $7,000; operating costs = $36,000 How much is the unit product cost if the company uses absorption costing? $100 $120 $150 $335 $315 $135