TJH bases its manufacturing overhead budget on machine hours. Estimated machine hours are 10,000 for the quarter. NUBD estimates its variable manufacturing overhead costs at P7 per machine hour. NUBD projects its fixed manufacturing overhead costs for the quarter to be P16,000 including P5,000 depreciation. By how much will manufacturing overhead costs affect the cash budget for the quarter?
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TJH bases its manufacturing
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- Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for the upcoming year. Past trends have indicated the following dollars were spent at three different levels of output: In establishing a budget for 14,000 units, Taylor should treat A, B, and C costs as: a. semivariable, fixed, and variable, respectively. b. variable, fixed, and variable, respectively. c. semivariable, semivariable, and semivariable, respectively. d. variable, semivariable, and semivariable, respectively.Cloud Shoes manufactures recovery sandals and is planning on producing 12.000 units in March and 11,500 in April. Each sandal requires 1.2 yards if material, which costs $3.00 per yard. The companys policy is to have enough material on hand to equal 15% of next months production needs and to maintain a finished goods inventory equal to 20% of the next months production needs. What is the budgeted cost of purchases for March?Each unit requires direct labor of 4.1 hours. The labor rate is $13.75 per hour and next years production is estimated at 75,000 units. What is the amount to be included in next years direct labor budget?
- Sunrise Poles manufactures hiking poles and is planning on producing 4,000 units in March and 3,700 in April. Each pole requires a half pound of material, which costs $1.20 per pound. The companys policy is to have enough material on hand to equal 10% of the next months production needs and to maintain a finished goods inventory equal to 25% of the next months production needs. What is the budgeted cost of purchases for March?TJH bases its manufacturing overhead budget on machine hours. Estimated machine hours are 10,000 for the quarter. NUBD estimates its variable manufacturing overhead costs at P7 per machine hour. NUBD projects its fixed manufacturing overhead costs for the quarter to be P16,000 including P5,000 depreciation. By how much will manufacturing overhead costs affect the cash budget for the quarter?NUBD bases its manufacturing overhead budget on machine hours. Estimated machine hours are 10,000 for the quarter. NUBD estimates its variable manufacturing overhead costs at P7 per machine hour. NUBD projects its fixed manufacturing overhead costs for the quarter to be P16,000 including P5,000 depreciation. By how much will manufacturing overhead costs affect the cash budget for the quarter?
- Shalom Company prepared its 2023 manufacturing overhead budget to produce Product Peace. Variable overhead costs per direct labor hour are Indirect materials, P3; Indirect labor, P15; Maintenance, P2. Fixed costs totaled P68,000 composed of Supervisor's salaries, P36,000; Depreciation, P20,000; Maintenance, P12,000. Producing each unit requires 2 direct labor hours. Shalom Company estimates that units to be produced for each quarter are 3,000, 3,600, 4,000, and 6,000, respectively. Amounts must be in whole numbers. Example: 88,000 or (88,000) How much is the total manufacturing overhead budget?Shalom Company prepared its 2023 manufacturing overhead budget to produce Product Peace. Variable overhead costs per direct labor hour are Indirect materials, P3; Indirect labor, P15; Maintenance, P2. Fixed costs totaled P68,000 composed of Supervisor's salaries, P36,000; Depreciation, P20,000; Maintenance, P12,000. Producing each unit requires 2 direct labor hours. Shalom Company estimates that units to be produced for each quarter are 3,000, 3,600, 4,000, and 6,000, respectively. Amounts must be in whole numbers. Example: 88,000 or (88,000) How much is the total manufacturing overhead budget? Cash payments in quarter 3The Corporation manufactures night stands. The production budget shows that the Corporation plans to produce 1800 night stands in March and 1400 night stands in April. Each night stand requires 0.50 direct labor hours in its production. The Corporation has a direct labor rate of $19 per direct labor hour. What is the total combined direct labor cost that the Corporation should budget in March and April?
- The following data relates to a company's operating budget for its next operating year: Sales price per unit (E) 11 Sales volume (units) 90,000 Costs: Materials (E) 52.500 Labour (E) 33,800 Energy (E) 25,000 Depreciation (£) 105,000 The budget has been prepared using the following assumptions:, Materials costs are variable. Labour costs are semi-variable with a fixed element of E15.000 Depreciation is a fixed cost. An allowance for an energy price increase of 13% has already been included in the energy costs. The company now wishes to revise the data to incorporate the following updated assumptions: Selling prices will be reduced by 7% The sales volume will increase by 6% The rise in the energy prices should be revised to 6% What will be the company's new energy cost for the year?James Corporation is using the following flexible-budget formula for annual indirect labor cost: Total cost = P12,000 + P0.75 per machine hour. For the month of June, the operating budgets are based upon 10,000 hours of planned machine time. Indirect labor costs included in this planning budget are 8,500. How to get the 8,500?Sweet Acacia Company is preparing its manufacturing overhead budget for 2022. Relevant data are as follows: 1. Units to be produced (by quarters): 9,700, 12,000, 15,100,17,600 2. Direct labour: 1.4 hours per unit 3. Variable overhead costs per direct labour hour: indirect materials $0.70; indirect labour $1.10; and maintenance $0.50 4. Fixed overhead costs per quarter: supervisory salaries $34,900; depreciation $16,400; and maintenance $15,500 Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g. 15.25.) SWEET ACACIA COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 1 2 Quarter $ $ $ $ $ $ $ $ $ $ Year