Question

x Brief Exercise 21-6 Your answer is partially correct. Try again. For Roche Inc., variable manufacturing...

x

Brief Exercise 21-6

Your answer is partially correct. Try again.
For Roche Inc., variable manufacturing overhead costs are expected to be $20,950 in the first quarter of 2017, with $4,340 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,430 in each quarter.

Prepare the manufacturing overhead budget by quarters and in total for the year.
ROCHE INC.
Manufacturing Overhead Budget

For the Year Ending December 31, 2017For the Quarter Ending December 31, 2017December 31, 2017

Quarter

1

2

3

4

Year

Variable costs

$ $ $ $ $

Fixed costs

Total manufacturing overhead

$ $ $ $ $
Click if you would like to Show Work for this question:

Open Show Work

Homework Answers

Answer #1

Above figures have been calculated in the following manner:

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
x Brief Exercise 20-4 Your answer is partially correct. Try again. Manson Industries incurs unit costs...
x Brief Exercise 20-4 Your answer is partially correct. Try again. Manson Industries incurs unit costs of $7 ($4 variable and $3 fixed) in making an assembly part for its finished product. A supplier offers to make 17,000 of the assembly part at $5 per unit. If the offer is accepted, Manson will save all variable costs but no fixed costs. Prepare an analysis showing the total cost saving, if any, Manson will realize by buying the part. (Enter negative...
Exercise 15-12 Partially correct answer.               Your answer is partially correct. Try again.               
Exercise 15-12 Partially correct answer.               Your answer is partially correct. Try again.                 Don Lieberman and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November. Listed below are data concerning the three audit jobs conducted during November. Lynn Brian Mike Direct materials                $610                       $470                       $280 Auditor labor costs                          $6,000                   $7,600                   $3,575 Auditor hours                    74                           91                           49 Overhead costs are applied to...
Exercise 9-4 Partially correct answer. Your answer is partially correct. Try again. Bridgeport Company began operations...
Exercise 9-4 Partially correct answer. Your answer is partially correct. Try again. Bridgeport Company began operations in 2017 and determined its ending inventory at cost and at LCNRV at December 31, 2017, and December 31, 2018. This information is presented below. Cost Net Realizable Value 12/31/17 $340,890 $315,290 12/31/18 439,200 417,500 (a) Prepare the journal entries required at December 31, 2017, and December 31, 2018, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method....
Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost...
Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $8 per pound $ 8.00 Direct labor—1.00 hours at $11.90 per hour 11.90 Variable manufacturing overhead 5.50 Fixed manufacturing overhead 10.50 Total standard cost per unit $35.90 The predetermined manufacturing overhead rate is $16 per direct labor hour ($16.00 ÷ 1.00). It was computed from a master manufacturing overhead budget based on...
*Do It! Review 21-5 Your answer is partially correct. Try again. Zeller Company estimates that 2017...
*Do It! Review 21-5 Your answer is partially correct. Try again. Zeller Company estimates that 2017 sales will be $43,200 in quarter 1, $51,300 in quarter 2, and $63,000 in quarter 3. Cost of goods sold is 50% of sales. Management desires to have ending finished goods inventory equal to 12% of the next quarter’s expected cost of goods sold. Prepare a merchandise purchases budget by quarter for the first 6 months of 2017. ZELLER COMPANY Merchandise Purchases Budget [Entry...
Brief Exercise 5-16 Your answer is partially correct. Try again. At the end of the year,...
Brief Exercise 5-16 Your answer is partially correct. Try again. At the end of the year, Whispering Winds Resorts Ltd., a company that has a periodic inventory system, had the following account balances on its unadjusted trial balance: Inventory $28,000, Purchases $260,000, Purchase Discounts $3,500, Freight In $6,500. The inventory count at the end of the year determined that the inventory on hand at that time cost $23,500. Record the adjusting journal entry that would be made at the end...
Your answer is partially correct. Try again. Dallas Industries has adopted the following production budget for...
Your answer is partially correct. Try again. Dallas Industries has adopted the following production budget for the first 4 months of 2014. Month Units Month Units January 10,310 March 5,240 February 8,470 April 4,230 Each unit requires 5 pounds of raw materials costing $4 per pound. On December 31, 2013, the ending raw materials inventory was 9,170 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month’s production requirements....
Exercise 16-08 Your answer is partially correct. Try again. The following are two independent situations. 1....
Exercise 16-08 Your answer is partially correct. Try again. The following are two independent situations. 1. Cullumber Cosmetics acquired 15% of the 239,000 shares of common stock of Nevins Fashion at a total cost of $15 per share on March 18, 2020. On June 30, Nevins declared and paid a $46,600 dividend. On December 31, Nevins reported net income of $122,000 for the year. At December 31, the market price of Nevins Fashion was $17 per share. 2. Vaughn, Inc.,...
Exercise 15-10 [Partially correct answer.] Your answer is partially correct. Try again. For a recent 2-year...
Exercise 15-10 [Partially correct answer.] Your answer is partially correct. Try again. For a recent 2-year period, the balance sheet of Buffalo Company showed the following stockholders’ equity data at December 31 (in millions). 2017 2016 Additional paid-in capital $ 960 $ 818 Common stock 669 663 Retained earnings 7,150 5,260 Treasury stock 1,900 900    Total stockholders’ equity $6,879 $5,841 Common stock shares issued 223 221 Common stock shares authorized 500 500 Treasury stock shares 38 25 (a) Answer the...
Exercise 7-15 (Video) Your answer is partially correct. Try again. Veronica Mars, a recent graduate of...
Exercise 7-15 (Video) Your answer is partially correct. Try again. Veronica Mars, a recent graduate of Bell’s accounting program, evaluated the operating performance of Dunn Company’s six divisions. Veronica made the following presentation to Dunn’s board of directors and suggested the Percy Division be eliminated. “If the Percy Division is eliminated,” she said, “our total profits would increase by $26,600.” The Other Five Divisions Percy Division Total Sales $1,664,000 $100,500 $1,764,500 Cost of goods sold 978,500 76,700 1,055,200 Gross profit...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT