subject
Business, 24.04.2020 18:09 idcatall5

Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 20,000 hours of productive capacity in the department:
Variable overhead cost:
Indirect factory labor $180,000
Power and light 12,000
Indirect materials 64,000
Total variable overhead cost $256,000
Fixed overhead cost:
Supervisory salaries $ 80,000
Depreciation of plant and equipment 50,000
Insurance and property taxes 32,000
Total fixed overhead cost 162,000
Total factory overhead cost $418,000
Required:
1. Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 18,000, 20,000, and 22,000 hours of production. Enter all amounts as positive numbers. Round your interim computations to the nearest cent, if required.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:30
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
question
Business, 22.06.2019 21:20
Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:
Answers: 2
question
Business, 23.06.2019 00:10
Wang distributors has an annual demand for an airport metal detector of 1 comma 350 units. the cost of a typical detector to wang is $400. carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $24 per order. if ping wang, the owner, orders in quantities of 300 or more, he can get a 10% discount on the cost of the detectors. should wang take the quantity discount? \
Answers: 1
question
Business, 23.06.2019 00:40
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
You know the right answer?
Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Departm...
Questions
question
Mathematics, 25.09.2019 20:40