For 2018, X Company estimated production of 3,500 units of finished product and direct material cost...
For 2018, X Company estimated production of 3,500 units of
finished product and direct material cost of $23,800. Actual
production in 2018 was 2,500 units of finished product, and actual
direct material cost was $14,050.
What was the direct material static budget for 2018?
Homework Answers
| Under a static budget, the budget does not change with actual quantity production | |||||||
| static budget remains the same irrespective quantity of production hence | |||||||
| in the given case direct material static budget would be | |||||||
| 3500 units & $23,800 | |||||||
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For 2018, X Company estimated production of 3,500 units of
finished product and direct material cost...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost of $23,562 8 pt For 2018, X Company estimated production of 3.400 duction in 2018 was 2.900 units of finished product, and actual direct material cost was $13.960 Actual production in 2018 was 2,900 units of finish What was the direct material static budget for 2018? 51.907 BO $13,960 CO $16,367 DO $20,097 EO $23,062 FO $25.018 v Canan developed the following budgeted total...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and direct material cost of $20,07 Actual production in 2018 was 2,900 units of finished product, and actual direct material cost was $13,590. What was the direct material static budget for 2018? 1. AO $13,137 BO $13,590 CO $14,059 DO $19,401 EO $20,070 FO $22,077 At the start of 2018, X Company developed the following budgeted total cost function: $10.36X + $221,700, where number of...
Name: 8 p Be Careful The following information is for direct material cost for X Company...
Name: 8 p Be Careful The following information is for direct material cost for X Company for 2018: 3.1 2.8 $11.10 $11.60 5,480 units 6,130 units Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production Assuming X Company used production as the activity measure, what was the direct material static budget for 2018? 1. AO S177,990 BO $188,567 CO S199,102 DO $210,933 EO $282,850 FO...
X company estimated annual production of 9,500 units and direct labor cost of $47,500. Actual production...
X company estimated annual production of 9,500 units and direct labor cost of $47,500. Actual production was only 8,900 units and actual direct labor cost was $45,000. What was the total direct labor budget variance for the year?
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours...
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours per unit of product 2.5 Actual labor hours per unit of product 2.2 Budgeted hourly wage rate $10.80 Actual hourly wage rate $11.00 Budgeted production 4,340 units Actual production 4,980 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 2018? A: $73,164 B: $85,602 C: $100,154 D: $117,180 E: $137,101 F: $160,408 G: $187,677 H:...
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours...
The following information is for direct labor cost for X Company for 2018: Budgeted labor hours per unit of product 3.7 Actual labor hours per unit of product 3.6 Budgeted hourly wage rate $11.40 Actual hourly wage rate $11.50 Budgeted production 5,010 units Actual production 3,900 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 2018? A: $131,943 B: $154,373 C: $180,617 D: $211,322 E: $247,247 F: $289,278 G: $338,456 H:...
p Be Careful The following information is for direct material cost for X Company for 2018...
p Be Careful The following information is for direct material cost for X Company for 2018 Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production 2.2 $12.40 $12.70 4,510 units 5,000 units Assuming X Company used production as the activity measure, what was the direet material statie budget for 2018 1. AO S114,554 BO S123,033 CO $127,000 DO $136,400 EO S184,549 FO $263,400 8 pt...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit of product Actuil pounds per unit of product Budgeted enst per pound Actual cost per pound Budgsted production Actual production 2.5 $10.60 10.70 5,350 unite 6,360 unita s Conspany usnd production as the antivity measure, what was the direct material static budget for 20187 MOS14 BO 136.104 CO 814127 DO 108,540 EO $212,662 FO $304,644
answer with an explanation please 4. The direct material budget is prepared on the basis of...
answer with an explanation please
4. The direct material budget is prepared on the basis of the d. cash budget b. master budget. C. capital expenditure budget. d. production budget. 5. The direct materials budget shows: Units to be produced Total RG needed for production Total materials required 3,000 12,000 13,200 What are the direct materials per unit? 0.44 KG 4.0 KG 4.4 KG Cannot be determined from the data provided 6. The production budget shows expected unit sales of...
8 pf Be Careful The following information is for direct labor cost for X Con pany...
8 pf Be Careful The following information is for direct labor cost for X Con pany for 2018: Budgeted labor hours per unit of product Actual labor hours per unit of product Budgeted hourly wage rate Actual hourly wage rate Budgeted production Actual production 2.4 2.1 $10.40 10.50 4,990 units 4,010 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 20 1. 88,420 B $10,00 CO$1100 DO S12450 O18826 FO $188.510...
3400, 4330 Name: any estimated production of 3,100 units of finished product and direct material cost of $23,562 8 pt For 2018, X Company estimated production of 3.400 duction in 2018 was 2.900 units of finished product, and actual direct material cost was $13.960 Actual production in 2018 was 2,900 units of finish What was the direct material static budget for 2018? 51.907 BO $13,960 CO $16,367 DO $20,097 EO $23,062 FO $25.018 v Canan developed the following budgeted total...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and direct material cost of $20,07 Actual production in 2018 was 2,900 units of finished product, and actual direct material cost was $13,590. What was the direct material static budget for 2018? 1. AO $13,137 BO $13,590 CO $14,059 DO $19,401 EO $20,070 FO $22,077 At the start of 2018, X Company developed the following budgeted total cost function: $10.36X + $221,700, where number of...
Name: 8 p Be Careful The following information is for direct material cost for X Company for 2018: 3.1 2.8 $11.10 $11.60 5,480 units 6,130 units Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production Assuming X Company used production as the activity measure, what was the direct material static budget for 2018? 1. AO S177,990 BO $188,567 CO S199,102 DO $210,933 EO $282,850 FO...
p Be Careful The following information is for direct material cost for X Company for 2018 Budgeted pounds per unit of product Actual pounds per unit of product Budgeted cost per pound Actual cost per pound Budgeted production Actual production 2.2 $12.40 $12.70 4,510 units 5,000 units Assuming X Company used production as the activity measure, what was the direet material statie budget for 2018 1. AO S114,554 BO S123,033 CO $127,000 DO $136,400 EO S184,549 FO $263,400 8 pt...
eSg hitorstion t foar direet material cost for X Company for 2018 Budgeted pounds per unit of product Actuil pounds per unit of product Budgeted enst per pound Actual cost per pound Budgsted production Actual production 2.5 $10.60 10.70 5,350 unite 6,360 unita s Conspany usnd production as the antivity measure, what was the direct material static budget for 20187 MOS14 BO 136.104 CO 814127 DO 108,540 EO $212,662 FO $304,644
answer with an explanation please
4. The direct material budget is prepared on the basis of the d. cash budget b. master budget. C. capital expenditure budget. d. production budget. 5. The direct materials budget shows: Units to be produced Total RG needed for production Total materials required 3,000 12,000 13,200 What are the direct materials per unit? 0.44 KG 4.0 KG 4.4 KG Cannot be determined from the data provided 6. The production budget shows expected unit sales of...
8 pf Be Careful The following information is for direct labor cost for X Con pany for 2018: Budgeted labor hours per unit of product Actual labor hours per unit of product Budgeted hourly wage rate Actual hourly wage rate Budgeted production Actual production 2.4 2.1 $10.40 10.50 4,990 units 4,010 units Assuming X Company used production as the activity measure, what was the direct labor static budget for 20 1. 88,420 B $10,00 CO$1100 DO S12450 O18826 FO $188.510...
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