Whispering Winds Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2022. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours Rate per Direct Labor Hour Variable costs Annual Fixed Costs Indirect labor $0.42 Supervision $44.160 Indirect materials 0.53 Depreciation 18,960 Factory utilities 0.31 Insurance 16,560 Factory repairs 021 Rent 27,720 The master overhead budget was prepared in the expectation that 475,300 direct labor hours will be worked during the year in June, 45,300 direct labor hours were worked. At that leve activity, actual costs were as shown below Variable-per direct labor hour: indirect labor $0.44, indirect materials $0.52. factory utilities $0.34, and factory repairs 10.25

Ayayai Company's organization chart includes the president; the vice president of production; three assembly factories-Dallas, Atlanta, and Tucson; and two departments within each factory-Machining and Finishing. Budget and actual manufacturing cost data for July 2022 are as follows. Finishing Department-Dallas: direct materials $52,700 actual, $54,560 budget; direct labor $103,416 actual, $101,680 budget; manufacturing overhead $63,240 actual, $61,008 budget. Machining Department-Dallas: total manufacturing costs $272,800 actual, $271,560 budget. Atlanta factory: total manufacturing costs $525,760 actual, $520,800 budget. Tucson factory: total manufacturing costs $612,808 actual, $615,660 budget. The Dallas factory manager's office costs were $117,800 actual and $114,080 budget. The vice president of production's office costs were $163,680 actual and $161,200 budget. Office costs are not allocated to departments and factories. (a) (b) Prepare the reports in a responsibility system…

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below.              Sales       $ 1,500,000 Cost of sales:           Direct Material $ 250,000       Direct labor   150,000       Variable Overhead   75,000       Fixed Overhead   100,000     575,000 Gross Profit       $ 925,000 Selling and G&A           Variable   200,000       Fixed   250,000     450,000 Operating Income       $ 475,000   The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:

Walkenhorst Company's machining department prepared its 2022 budget based on the following data: Practical capacity 40,000 units 2 Standard machine hours per unit Standard variable factory overhead Budgeted fixed factory overhead $ 3.00 per machine hour $ 336,000 The department uses machine hours to apply factory overhead to production. In 2022, the department used 86,800 machine hours and incurred $602,000 in total manufacturing overhead cost to manufacture 42,170 units. Actual fixed overhead cost for the year was $351,000. Required: Determine for the year: 1. The fixed, variable, and total factory overhead application rates (per machine hour). (Round your answers to 2 decimal places.) 2. The total flexible budget, for factory overhead cost based on output achieved in 2022. 3. The production volume variance. State whether this variance was favorable (F) or unfavorable (U). 4. The total overhead spending variance. State whether this variance was favorable (F) or unfavorable (U). 5. The…