Koch Medical Equipment Company makes a blood pressure measuring kit. Albert Kais

Question

Koch Medical Equipment Company makes a blood pressure measuring kit. Albert Kaiser is the production manager. The production department's static budget and actual results for 2015 follow Static Budget Actual Results 32,000 kots 33.200 kits Production in units Direct materials Direct labor Variable manufacturing overhead48,000 $236.800 204.800 $284.480 205.180 53.100 Total variable costs Fixed manufacturing overhead 489.600 219,000 542.760 214,900 Total manufacturing cost $708,600 757,660 Required a Convert the static budget into a flexible budget. (Do not round intermediate calculations.) Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs 33,200 Kits b. Calculate variances and indicate the effect of each variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs

Explanation / Answer

Answer:-1)-

2)-

Koch Mecical Equipment company Flexible budget 33200 units Particluars Amount $ Direct Material ($236800/32000 Kits)*33200 Kits 245680 Direct Labor ($204800/32000 Kits)*33200 Kits 212480 Variable Manufaturing Overhead (48000/32000 Kits)*33200 Kits 49800 Total Variable costs 507960 Fixed Manufaturing Overhead 219000 Total Manufaturing Cost 726960

Related Questions

Navigate

• Browse (All)
• Browse K
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.