Triway Packaging Corporation manufactures and sells a wide variety of packaging

Question

Triway Packaging Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of direct labor-hours worked in a month:

The actual costs incurred in November in the Production Department are listed below:

The company had budgeted for an activity level of 4,300 labor-hours in November. Prepare the Production Department

      Direct labor $ 16.20 q   Indirect labor $ 4,700 + $ 2.10 q   Utilities $ 5,800 + $ 0.40 q   Supplies $ 1,600 + $ 0.40 q   Equipment depreciation $ 18,500 + $ 3.10 q   Factory rent $ 8,300   Property taxes $ 2,600   Factory administration $ 13,400 + $ 0.70 q

Explanation / Answer

1)


Triway Packaging Corporation Production Department Planning Budget For the Month Ended November 30   Direct labor 69660   Indirect labor 13730   Utilities 7520   Supplies     3320   Equipment depreciation 31830   Factory rent 8300   Property taxes 2600   Factory administration 16410


  Total expense 153370

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