Root Recliners Manufactures Leather Recliners And Uses Flexible Budgeting And A Standard Cost System Root Allocates Ove 1 (27.91 KiB) Viewed 10 times
Root Recliners Manufactures Leather Recliners And Uses Flexible Budgeting And A Standard Cost System Root Allocates Ove 2 (34.18 KiB) Viewed 10 times
Root Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Root allocates overhead based on yards of direct materials The company's performance report includes the following selected data: (Click the loon to view the selected data) Read the requirements Requirement 1. Prepare a flexible budget based on the actual number of recliners sold. (Round budget amounts per unit to the nearest cent.). Root Recliners Flexible Budget Actual Units (Recliners) Sales Revenue Variable Manufacturing Costs Direct Materials Direct Labor Variable Overhead Fixed Manufacturing Costs Fixed Overhead Total Cost of Goods Sold Gross Profit Budget Amounts per Unit $495.00 CETTE 980
manufactures leather recliners and uses flexible budgeting and a standard cost system. Root allocates overhead based on yards of dires performance report includes the following selected data: on to view the selected data) ements Prepare a flexible budget based on the actual number of recliners sold. (Round budget amounts per unit to the nearest cent.) Root Recliners 30 Data table Sales Variable Manufacturing Direct Materials Direct Labor (1,000 recliners x $495 each) (980 recliners x $480 each) Costs (6,000 yds@ $8.90/yd.) (6,143 yds @ $8.70/yd.) (10,000 DLHr@ $12.00/DLHr) (9,600 DLH @ $12.10/DLH) Variable Overhead (6,000 yds. @ $5.00/yd.) (6,143 yds @ $6.40/yd.) Fixed Manufacturing Costs Fixed Overhead Total Cost of Goods Sold Gross Profit Print Static Budget (1,000 recliners) $ 495,000 Done O 53.400 120,000 30,000 S 60,000 263,400 231,600 $ Actual Results (980 recliners) 470,400 53,444 116,160 39,315 62,000 270,919 199,481 X
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