Bonita Industries had average operating assets of $6300000 and sales of $3550000 in 2022. If the controllable margin was $693000,the ROI wasRO 11%O 20%O 40%O 56%Save for LaterOI(21'eAttempts: 0 of 1 used Submit Answer55°F CH Crane Company is preparing its direct labor budget for May. Projections for the month are that 27400 units are to be produced andthat direct labor time required is three hours per unit. If the labor cost per hour is $10, what is the total budgeted direct labor cost forMay?O $807000.O $900000.O $822000.O $792000.Save for LaterOE>>400CAttempts: 0 of 1 used Submit AnswerPriBe55°F

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Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 1P: The Sales Department of Minimus Inc. has forecast sales for May 2016 to be 40,000 units. Additional...

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Each unit requires direct labor of 4.1 hours. The labor rate is $13.75 per hour and next years production is estimated at 75,000 units. What is the amount to be included in next years direct labor budget?
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The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 20,000 units. Additional information follows: Materials used in production: Prepare the following: a. A production budget for March (in units). b. A direct materials budget for the month (in units and dollars).
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The Sales Department of Minimus Inc. has forecast sales for May 2016 to be 40,000 units. Additional information follows: Materials used in production: Direct labor hours required in production: Prepare the following: a. A production budget for May. b. A direct materials budget for May. c. A direct labor budget for May.
A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases? Budgeted direct labor hours: 60,000 Budgeted direct labor expense: $1,500,000 Estimated machine hours: 100,000
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Bonita Industries had average operating assets of $6300000 and sales of $3550000 in 2022. If the controllable margin was $693000, the ROI was O 11% O 20% 40% O 56%