Blog

Dallas Corp. bases its manufacturing overhead on direct labor-hours. The variable overhead rate is $4.60 per direct labor-hour. The company’s budgeted fixed manufacturing overhead is $50,240 per month, which includes depreciation of $2,680. All other fixed manufacturing overhead costs represent current cash flows. The direct labor budget indicates that 3,200 direct labor-hours will be required in May.   The May budgeted cash disbursements for manufacturing overhead should be:

Montana Inc. is considering Alternative X and Alternative Y. Costs associated with the alternatives are listed below:     Alternative X   Alternative Y Materials costs $ 40,000   $ 40,000 Processing costs $ 37,000   $ 41,000 Equipment rental $ 13,000   $ 13,000 Occupancy costs $ 15,000   $ 22,000   Are the materials costs and processing costs relevant in the choice between alternatives X and Y? 

Jeanette Company manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,200 units, but its actual level of activity was 6,160 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June:     Fixed element per month Variable element per unit Revenue   –   $ 27.80             Direct labor $ 0   $ 3.10 Direct materials   0     10.20 Manufacturing overhead   37,200     1.10 Selling and administrative expenses   22,800     0.30 Total expenses $ 60,000   $ 14.70   Actual results for June:     Revenue $ 178,318 Direct labor $ 18,606 Direct materials $ 60,652 Manufacturing overhead $ 43,896 Selling and administrative expenses $ 24,688   The revenue variance in June would be closest to: 

Norman Corporation manufactures three products. The corporation has had a limited labor hours available. The following per unit data relates to the three products of the corporation:     Letter Openers Elvis Statues Candle Holders Selling price $ 30 $ 80 $ 40 Variable cost $ 21 $ 40 $ 20 Labor hours required   1   6   2   Assume that Norman only has 1,800 labor hours available next month. Also assume that Norman can only sell 800 units of each product in a given month. What is the maximum amount of contribution margin that Norman can generate next month given its limited labor hours?

Bella Inc. manufactures and sells a single product. During June, the company budgeted for 5,000 units, but its actual level of activity was 5,050 units. The company has provided the following data concerning the formulas to be used in its budgeting:     Fixed element per month Variable element per unit Revenue   –   $ 34.70             Direct labor $ 0   $ 6.00 Direct materials   0     13.20 Manufacturing overhead   31,000     1.90 Selling and administrative expenses   20,300     0.10 Total expenses $ 51,300   $ 21.20   The selling and administrative expenses in the flexible budget for June would be closest to:

June Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows:     Product X Product Y Product Z Units produced   1,500   2,000   3,000 Per unit sales value at split-off $ 19.00 $ 21.00 $ 24.00 Added processing costs per unit $ 8.00 $ 8.50 $ 5.00 Per unit sales value if processed further $ 29.00 $ 29.00 $ 30.00   The cost of the joint raw material input is $149,000. Which of the products should be processed beyond the split-off point?     Product X Product Y Product Z A) Yes Yes No B) No Yes No C) Yes No Yes D) No Yes Yes

What best describes the theory of “Fitness vs. Fatness.”

What best describes why resting heart rate is lower in an aerobically trained individual than a sedentary individual

A person is stricken with cancer, and the amount of inflammatory factors in the circulation are significantly elevated.  How might this contribute to fatigue?

Why is it important to be aerobically trained as you age