Business, 23.06.2021 04:30 meg329

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 7,500 units, but its actual level of activity was 7,450 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per month Variable element per unit Revenue - $ 35.00 Direct labor $ 0 $ 5.60 Direct materials 0 13.00 Manufacturing overhead 32,000 2.50 Selling and administrative expenses 26,300 0.30 Total expenses $ 58,300 $ 21.40 Actual results for May: Revenue $ 261,850 Direct labor $ 41,800 Direct materials $ 99,895 Manufacturing overhead $ 47,500 Selling and administrative expenses $ 30,550 The direct labor in the planning budget for May would be closest to:

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 18:30

Theodore is researching computer programming he thinks that this career has a great employment outlook so he’d like to learn if it’s a career in which he would excel what to skills are important for him to have and becoming a successful computer programmer

Answers: 3

Answer

Business, 22.06.2019 08:30

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

Answers: 1

Answer

Business, 22.06.2019 12:10

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

Answers: 1

Answer

Business, 22.06.2019 12:30

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

Answer

You know the right answer?

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure...

Questions