Stuart Medical Equipment Company makes a blood pressure measuring kit. Jason McC

Question

Stuart Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department’s static budget and actual results for 2019 follow: Static Budget Actual Results Production in units 35,000 kits 38,000 kits Direct materials $ 276,500 $ 337,500 Direct labor 241,500 255,500 Variable manufacturing overhead 52,500 60,200 Total variable costs 570,500 653,200 Fixed manufacturing overhead 208,000 203,900 Total manufacturing cost $ 778,500 $ 857,100 Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Beautyrest Montreal Co what size c omforter is 2 × Connect (no subject)- a wconnect.mheducation.com/flow/connect.html jaSouthern USAA/Welcome to Make a Payment &CCredit; One Bank Off Capital One Credit Homework 6 Saved Complete this question by entering your answers in the tabs below. Required ARequired B Convert, the static budget into a flexible budgetootrond intermediate calculations.). Flexible Budget Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs 38,000 Kits Required B > IMG 0884jpg ?@e@??? 0 e to search

Explanation / Answer

2

Flexible Budget Production In Units 38000 Direct Material =+38000*276500/35000 300200 Direct Labor =+38000*241500/35000 262200 Variable manufacturing overhead =+38000*52500/35000 57000 Total variable Cost 619400 Fixed Manufacturing Overhead 208000 Total Manufacturing Costs 827400

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---