Planned sales volume for 2009 is 12,400 units and each unit requires the following prime costs: Direct Materials 3 lbs @ P2 Direct Labor 2 hrs @ P25 The regression equation for factory overhead is y = P 50,000 + P 0.80 (direct labor hours). Budgeted inventory end of the product is 300 units. There are 200 units in inventory beginning costing P 70. How much is the total production cost for the period? a. P 1,950,000 b. P 194,000 c. P 219,000 d. P 195,000 How much should be the budgeted cost of goods sold? a. P 186,240 b. P 188,240 c. P 184,720 d. P 182,720 How much should be the budgeted finished goods inventory end? a. P 23,280 b. P21,000 c. P 14,000 d. P 10,820
Planned sales volume for 2009 is 12,400 units and each unit requires the following prime costs: Direct Materials 3 lbs @ P2 Direct Labor 2 hrs @ P25 The regression equation for factory overhead is y = P 50,000 + P 0.80 (direct labor hours). Budgeted inventory end of the product is 300 units. There are 200 units in inventory beginning costing P 70. How much is the total production cost for the period? a. P 1,950,000 b. P 194,000 c. P 219,000 d. P 195,000 How much should be the budgeted cost of goods sold? a. P 186,240 b. P 188,240 c. P 184,720 d. P 182,720 How much should be the budgeted finished goods inventory end? a. P 23,280 b. P21,000 c. P 14,000 d. P 10,820
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 13CE: Nashler Company has the following budgeted variable costs per unit produced: Budgeted fixed overhead...
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Planned sales volume for 2009 is 12,400 units and each unit requires the following prime costs:
Direct Materials 3 lbs @ P2
Direct Labor 2 hrs @ P25
The regression equation for factory overhead is y = P 50,000 + P 0.80 (direct labor hours).
Budgeted inventory end of the product is 300 units.
There are 200 units in inventory beginning costing P 70.
How much is the total production cost for the period?
a. P 1,950,000 b. P 194,000 c. P 219,000 d. P 195,000
How much should be the budgeted cost of goods sold?
a. P 186,240 b. P 188,240 c. P 184,720 d. P 182,720
How much should be the budgeted finished goods inventory end?
a. P 23,280 b. P21,000 c. P 14,000 d. P 10,820
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