Fey Company’s organization chart includes the president; the vice president of p
ID: 2549653 • Letter: F
Question
Fey Company’s organization chart includes the president; the vice president of production; three assembly plants—Dallas, Atlanta, and Tucson; and two departments within each plant—Machining and Finishing. Budget and actual manufacturing cost data for July 2017 are as follows.
Finishing Department—Dallas: direct materials $41,050 actual, $48,060 budget; direct labor $82,530 actual, $82,470 budget; manufacturing overhead $50,810 actual, $50,290 budget.
Machining Department—Dallas: total manufacturing costs $223,720 actual, $218,800 budget.
Atlanta Plant: total manufacturing costs $424,010 actual, $421,830 budget.
Tucson Plant: total manufacturing costs $495,820 actual, $495,450 budget.
The Dallas plant manager’s office costs were $97,980 actual and $94,340 budget. The vice president of production’s office costs were $132,450 actual and $132,680 budget. Office costs are not allocated to departments and plants.
To Dallas Department Manager—Finishing
Month: July
Controllable Costs:
Budget
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Total
To Assembly Plant Manager—Dallas
Month: July
Controllable Costs:
Budget
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Total
To Vice President—Production
Month: July
Controllable Costs:
Budget
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Total
Fey Company’s organization chart includes the president; the vice president of production; three assembly plants—Dallas, Atlanta, and Tucson; and two departments within each plant—Machining and Finishing. Budget and actual manufacturing cost data for July 2017 are as follows.
Finishing Department—Dallas: direct materials $41,050 actual, $48,060 budget; direct labor $82,530 actual, $82,470 budget; manufacturing overhead $50,810 actual, $50,290 budget.
Machining Department—Dallas: total manufacturing costs $223,720 actual, $218,800 budget.
Atlanta Plant: total manufacturing costs $424,010 actual, $421,830 budget.
Tucson Plant: total manufacturing costs $495,820 actual, $495,450 budget.
The Dallas plant manager’s office costs were $97,980 actual and $94,340 budget. The vice president of production’s office costs were $132,450 actual and $132,680 budget. Office costs are not allocated to departments and plants.
Explanation / Answer
Answer:
1
Dallas Department Manager—Finishing
Dallas Department Manager—Finishing
Controllable cost
Budgeted
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Direct material
48060
41050
7010 F
Direct Labor
82470
82530
60 U
Manufacturing Overhead
50290
50810
520 U
Total
180820
174390
6430 F
______________________________________
2
To assembly plant manager -Dallas
Controllable cost
Budgeted
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Dallas Office
94340
97980
3640 U
Department
Machine
218800
223720
4920 U
Fishing
180820
174390
6430 F
493960
496090
2130 U
____________________________________________
3
To vice president production
Controllable cost
Budgeted
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
VP production
132680
132450
230 F
Department
Atlanta
421830
424010
2180 U
Dallas
493960
496090
2130 U
Tucsan
495450
495820
370 U
1543920
1548370
4450 U
Dallas Department Manager—Finishing
Controllable cost
Budgeted
Actual
Favorable
Unfavorable
Neither Favorable
nor Unfavorable
Direct material
48060
41050
7010 F
Direct Labor
82470
82530
60 U
Manufacturing Overhead
50290
50810
520 U
Total
180820
174390
6430 F
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