Total production costs for Jordan, Inc. are budgeted at P2,300,000 and P2,800,000 for 50,000 and 60, 0 units of budgeted output, respectively. Because of the need for additional facilities , budgeted fixed costs for 60,000 units are 25 percent more than budgeted fixed costs for 50,000 units. How much is Jordan's budgeted variable cost per unit of output?

Q: otal production costs for Jordan, Inc. are budgeted at P2,300,000 and P2,800,000 for 50,000 and…

A: Solution : Let the total fixed cost for 50000 units be X Given   50000 units 60000 units…

Q: The following data relates to a company's operating budget for its next operating year: Sales price…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Tanya Inc.’s static budget for 10,000 units of production includes P60,000 for direct materials,…

A: A flexible budget is prepared by modifying the static budget according to a different volume or…

Q: Montgomery Company has developed the following flexible budget formulas for its four overhead items:…

A: The budget is prepared to compare the actual results with the budgeted data for the production.

Q: Total production costs for Gallop, Inc. are budgeted at £350,000 for 50,000 units of budgeted output…

A: The high low method is used to separate the fixed and variable cost from the mixed costs.  Variable…

Q: Jones Company developed the following static budget at the beginning of the company's accounting…

A: Variable cost per unit = Total Variable costs / No. of units = $5,250 / 10,500 units = $0.50 per…

Q: During the current year, Mute Corporation expected to sell 22,200 telephone switches. Fixed costs…

A: Contribution per unit = Selling price per unit - Variable cost per unit = $3,100 - $1,280 = $1,820…

Q: Alphonse Company manufactures staplers. The budgeted sales price is $14.00 per stapler, the variable…

A: Given: Selling Price per unit        $14 Variable cost per unit       $3 Fixed Cost…

Q: Amanda Manufacturing Company prepared the following static budget income statement:…

A: Formula: Net Income = Contribution margin - Fixed costs Deduction of fixed costs from contribution…

Q: Delaware Corp. prepared a master budget that included $16,120 for direct materials, $36,270 for…

A: Direct materials cost in a flexible budget = ($16120/4030) ×4330 = $17320

Q: Bryant Company’s budgeted prices for direct materials, direct manufacturing labor, and direct…

A: Static Budget Variance Static Budget Variance is refer as the difference between actual result and…

Q: Miller and Sons' static budget for 10,000 units of production includes $50,000 for direct materials,…

A: Answer and calculations are given below

Q: [The following information applies to the questions displayed below] The fixed budget for 21,300…

A: The contribution margin is calculated as excess of sales revenue over total variable cost.

Q: Delaware Corp. prepared a master budget that included $22140 for direct materials, $28,000 for…

A: The fixed cost for flexible budget is similar to flexible cost for master budget.

Q: Miller and Sons' static budget for 10,500 units of production includes $44,700 for direct materials,…

A:

Q: Budgeted fixed overhead is 300,000 per quarter and overhead rates are computed based on DL hrs. For…

A: Budgeted fixed overhead = P300000 per quarter Budgeted fixed overhead for 2 quarters i.e., 6 months…

Q: Prepare a flexible budgeted income for 120,000 units using the following information from a static…

A: A budget is a statement that is prepared by the companies, government, and individuals based on the…

Q: At 12,000 units of production, a flexible budget would show: *

A: A budget is a financial plan which is associated with future. It is prepared for the organization as…

Q: production level (expressed in hours): variable overhead, P150,000; fixed overhead, P240,000. If…

A: The cost incurred on the production are classified as fixed and variable cost.

Q: Ralston has the following budgeted costs at its anticipated production level (expressed in hours):…

A: The production consists of two type of costs as variable and fixed cost.

Q: Texas Company has prepared the flexible budget formula for production costs: costs= 340,000 + 9X,…

A: Budgets are the forecasts or estimates that are made for future period of time. Budget variance…

Q: Coleman Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct…

A: Given, Coleman Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for…

Q: Edwards Corporation used the following data to evaluate their current operating system. The company…

A: Description: Static budget variance of variable costs: Deduction of Budgeted Variable costs from…

Q: Abernathy Corporation used the following data to evaluate their current operating system. The…

A: Formula: Net operating income = Revenues - Variable costs - Fixed costs

Q: The following data relates to a company's operating budget for its next operating year: Sales price…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: The following data have been extracted from the budgets and standard costs of FAA Limited, a company…

A: Marginal Costing - It is also knows as variable costing. In this type of costing method decision may…

Q: [The following information applies to the questions displayed below.] The fixed budget for 21,700…

A: The variable cost per unit remains constant and total fixed costs remain constant at every level of…

Q: Rolling Corporation has developed the following flexible budget formula for monthly overhead: For…

A: A flexible budget is one that adapts to a company's activity or volume levels. Unlike a static…

Q: Jase Manufacturing Co.'s static budget for 10,000 units of production includes $40,000 for direct…

A: Direct labor cost per unit = Total Direct labor cost  / Total no. of unit = $40000/10000 units = $4…

Q: Miller and Sons' static budget for 10,100 units of production includes $38,300 for direct materials,…

A: The correct answer is Option (b).

Q: Based on predicted production of 24,200 units, a company budgets $330,000 of fixed costs and…

A: The flexible budget can be adjusted as per the requirements.

Q: Coroid Corporation used the following data to evaluate their current operating system. The company…

A: Formula used: Static budget variance = Actual variable cost - Budgeted variable cost

Q: Montgomery Company has developed the following flexible budget formulas for its four overhead…

A: Total budgeted overhead is calculated as total of fixed Expenses and variable expenses.

Q: Montgomery Company has developed the following flexible budget formulas for its four overhead items:…

A: Standard direct labor hours = direct labor hour required per unit x no. of units produced = 0.30 x…

Q: Based on predicted production of 24,200 units, a company budgets $330.000 of fixed costs and…

A: Variable cost per unit = Total budgeted variable costs / budgeted production = $435600/24200 = $18…

Q: A company’s flexible budget for 19,000 units of production showed sales, $87,400; variable costs,…

A: Introduction:- The flexible budget is planned to change based on the level of units volume. It is…

Q: Prepare a departmental flexible overhead budget for 30,000 machine hours and for 40,000 machine…

A: Zain, Inc., is developing flexible budgets for each department as part of its plan to use standard…

Q: Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and…

A:

Q: Tillman Manufacturing Co.'s static budget at 32,000 units of production includes $112,000 for direct…

A: Static budget is the budget which is prepared for only one or fixed level of production. It is also…

Q: Delaware Corp. prepared a master budget that included $16,200 for direct materials, $32,400 for…

A: Direct material and direct labor conclude the prime cost. The indirect cost incurred in the…

Q: A company’s flexible budget for 16,000 units of production showed sales, $96,000; variable costs,…

A: A fixed cost is one who doesn't change in response to activities. It must be paid on a recurring…

Q: Rich & Sweet Candy Company's budgeted contribution income statement assumed it would produce and…

A: Fixed costs: Fixed costs are the costs incurred by a company irrespective of its level of…

Q: Amanda Manufacturing Company prepared the following static budget income statement:…

A: A static budget is a type of budget that anticipates a fixed amount in sales, revenue and expenses.…

Q: n Corporation used the following data to evaluate their current operating system. The company sells…

A: Solution: Actual operating income = Sales - variable cost - fixed cost = 43000*18 - 166000 - 41000 =…

Q: If Swannanoa Company's budgeted sales are $800,000, fixed costs are $250,000, and variable costs are…

A: Budgeted contribution margin ratio = (budgeted sales - budgeted variable costs)/budgeted sales

Q: Prepare a departmental flexible overhead budget for 30,000 machine hours and for 40,000 machine…

A: A flexible budget adjusts to changes in actual production levels. Actual production or other…

Q: After selling 4,320 units during the period, Dole Corp. prepared a flexible budget that included…

A: The master budget incorporates all lower-level budgets developed by a company's numerous functional…

Q: Based on predicted production of 24,300 units, a company budgets $320,000 of fixed costs and…

A: Introduction:- A flexible budget is easy to change according to changes in sales levels. It is used…

Q: Delaware Corp. prepared a master budget that included $18,360 for direct materials, $28,200 for…

A: