B&L; Landscapes, Inc. Mini Practice Part 5 Bil Groham and Lorry Miler incorporot
ID: 2429876 • Letter: B
Question
B&L; Landscapes, Inc. Mini Practice Part 5 Bil Groham and Lorry Miler incorporoted B&1 Landscapes, Inc, on July 1.2016. The business consists of lown care and sprinikder system instalations. in addition they aso sell two types of fertilizer During 2017.8&1 Landscapes Inc. acquired a 30% interest in Crestline Pipe. The president of Crestline wants to develop a management report to evaluate Manufacturing Overhead costs Bil and Lamy want to help and have volunteered your services to provide some manageria reporting for Crestline. Crestine Pipe distrbutes high-quality PVC pipe and has the following infomation for the month of March 2018 Cresfline Pipe Manufacturing Overhead Budget (Static) For the Month of March, 2018 Budgeted production ?2.500 Indirect materials (0.30/DLH) 700 10.575 Budgeted costs Mointenance (30.2S/DL Salaries 42.000 14.800 2.500 1.200 1300 92.050 Property taes Total budgeted costs Crestline Pipe Manufacturing Overhead Costs (Actual) For the Month of March, 2018 Actual production iuF Actual costs 118.500 7.100 1.825 10.700 5.900 42.000 16.800 2500 1.200 1300 99.325 Indrect materials Indrect lobor Salaries Property toxe nsurance Total budgeted costs Cresline Pipe hod the following static budget and overhead costs for March. Manufacturing overhead is budgeted based on direct labor hours (DLH). Direct lobor is budgeted at 12 minutes per lnear foot (UF)Explanation / Answer
Answer 1,
subpart (a,b,c,d,e)
Working:
Calculation of Indirect Cost:
As per the Chegg answering policy I've answered first 4 questions including subparts.
PArticulars/Production(in lf) 115.500 116,500 117,500 118,500 119,500 Variable cost(in $): Indirect materials 6,930 6,990 7,050 7,110 7,170 Indirect labour 11,550 11,650 11,750 11,850 11,950 Utilities 10,395 10,485 10,575 10,665 10,755 Maintenance 5,775 5,825 5,875 5,925 5,975 Total variable cost(in $) 34,650 34,950 35,250 35,550 35,850 Fixed Cost:(in $) Salaries 42,000 42,000 42,000 42,000 42,000 Depreciation 16,800 16,800 16,800 16,800 16,800 Property taxes 2,500 2,500 2,500 2,500 2,500 Insurance 1,200 1,200 1,200 1,200 1,200 Janitorial 1,300 1,300 1,300 1,300 1,300 Total fixed cost 63,800 63,800 63,800 63,800 63,800 Total budgeted manufacturing cost 98,450 98,750 99,050 99,350 99,650Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.