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erformance Report Bowling Company provided the following information for last ye

ID: 2539937 • Letter: E

Question

erformance Report Bowling Company provided the following information for last year. Master Budget Actual Data Budgeted production 4,000 3,800 units Direct materials: 3 pounds @ $0.60 per pound $6,800 Direct labor: 0.5 hr. @ $16.00 per hour 30,500 VOH: 0.5 hr. @ $2.20 4,200 FOH: Materials handling, $6,200 6,300 Depreciation, $2,600 2,600 1. Calculate the budgeted amounts for each cost category listed above for the 4,000 budgeted units. Direct materials $ Direct labor $ Variable overhead $ Fixed overhead: Materials handling $ Depreciation $ Total $

Explanation / Answer

Calculate the budgeted amounts for each cost category listed above for the 4,000 budgeted units

4000 units Direct material (4000*3*.60) 7200 Direct labour (4000*.5*16) 32000 Variable overhead (4000*.5*2.2) 4400 Fixed overhead Material handling 6200 Depreciation 2600 Total 52400