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ACCT 521 ACCT521 Connect Plus Homework 8 (Liberty)

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ACCT 521 Connect Plus Homework 8

The master budget at Windsor, Inc., last period called for sales of 85,000 units at $22.70 each. 

 

 

 

 

 The costs were estimated to be $8.40 variable per unit and $650,000 fixed.

 

 

 

 

 During the period, actual production and actual sales were 88,000 units.

 

 

 

 

 The selling price was $23.70 per unit. 

 

 

 

 

 Variable costs were $12.60 per unit. 

 

 

 

 

 Actual fixed costs were $650,000.

 

 

The master budget at Windsor, Inc., last period called for sales of 85,000 units at $25.00 each. 

 

 

 

 

 

 

 

 

 

 

 

 The costs were estimated to be $9.00 variable per unit and $500,000 fixed. 

 

 

 

 

 

 

 

 

 

 

 

 During the period, actual production and actual sales were 87,000 units.

 

 

 

 

 

 

 

 

 

 

 

 The selling price was $25.30 per unit. 

 

 

 

 

 

 

 

 

 

 

 

 Variable costs were $10.90 per unit. 

 

 

 

 

 

 

 

 

 

 

 

 Actual fixed costs were $500,000.

 

 

Data-2-Go manufactures and sells flash drives.

 

 

 

 

 

 

 The company produces only when it receives orders and, therefore, has no inventories.

 

 

 

 

 

 

 The following information is available for the current month:

 

 

 

 

 

 

 

 

 

 

 

Data-2-Go manufactures and sells flash drives.

 

 

 

 

 

 

 

 

 The company produces only when it receives orders and, therefore, has no inventories.

 

 

 

 

 

 

 

 

 The following information is available for the current month:

 

 

 

 

The standard direct labor cost per unit for a company was $11.50 (= $23 per hour x 0.5 hours per unit).

 

 

 

 

 During the period, actual direct labor costs amounted to $88,000, 3,800 labor-hours were worked, and 5,800 units were produced

Information about Clearwater Company's direct materials cost follows:

 

Thomas Company reports the following direct labor information for one of its products for April:

 

 

 

Renee’s Rings manufactures college rings.

 

 

 

 

 Two models are produced: The Spirit model with a budgeted price of $680 and a standard variable cost of $380.

 

 

 

 

 The Chancellor model has a budgeted price of $1,380 and a standard variable cost of $580.

 

 

 

 

 At the beginning of the year, Renee estimated that she would sell 1,500 Chancellor rings and 8,500 Spirit rings.

 

 

 

 

 The actual results for the year showed that 1,100 Chancellor rings were sold for total revenues of $1,353,000.

 

 

 

 

 A total of 6,600 Spirit rings were sold for revenues of $4,653,000.

The Food Services manager at North Central University (NCU) was looking at data from cafeterias in four different academic schools at NCU:

 

 

 

 

 

 Business, Engineering, Humanities & Sciences (H&S), and Music

 

 

 

 

 

 She was curious to see how the different cafeterias were performing. She had the following data from the previous semester

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