Cost Accounting (15th Edition)
Cost Accounting (15th Edition)
15th Edition
ISBN: 9780133428704
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
Question
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Chapter 6, Problem 6.40P

1.

To determine

To prepare: The revenue budget.

2.a

To determine

The budgeted allocation rate for marketing costs.

b.

To determine

The budgeted number of deliveries and budgeted allocation rate for distribution costs.

3.

To determine

To prepare: The production budget in units.

4.

a.

To determine

The budgeted number of setups and set up hours and the allocation rate.

b.

To determine

The budgeted total machine hours and the allocation rate for processing costs.

c.

To determine

The budgeted total units produced and the allocation rate for inspection costs.

5.

To determine

To prepare: The direct materials usage budget and purchases budget for the year end.

6.

To determine

The budgeted allocation rate for materials handling costs.

7.

To determine

To prepare: The direct manufacturing labor costs to budget for the year end.

8.

To determine

To prepare: The manufacturing overhead costs to budget for each of the three activities.

9.

To determine

The budgeted unit cost of ending finished goods inventory and ending inventories budget.

10.

To determine

To prepare: The cost of goods sold budget.

11.

To determine

To prepare: The non-manufacturing costs budget.

12.

To determine

To prepare: The budgeted income statement.

13.

To determine

To explain: The way in which the preparation of budget helps a management team to better manage the company.

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