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Neon Company Manufactured 2,500 Units During April with a Total

Question 105

Essay

Neon Company manufactured 2,500 units during April with a total overhead budget of $55,000.However,while manufacturing the 2,500 units the microcomputer that contained the month's cost information broke down.With the computer out of commission,the accountant has been unable to complete the variance analysis report.The information missing from the report is lettered in the following set of data:
Variable overhead:
Neon Company manufactured 2,500 units during April with a total overhead budget of $55,000.However,while manufacturing the 2,500 units the microcomputer that contained the month's cost information broke down.With the computer out of commission,the accountant has been unable to complete the variance analysis report.The information missing from the report is lettered in the following set of data: Variable overhead:     Fixed overhead:     Required: Compute the missing elements in the report represented by the lettered items.
Fixed overhead:
Neon Company manufactured 2,500 units during April with a total overhead budget of $55,000.However,while manufacturing the 2,500 units the microcomputer that contained the month's cost information broke down.With the computer out of commission,the accountant has been unable to complete the variance analysis report.The information missing from the report is lettered in the following set of data: Variable overhead:     Fixed overhead:     Required: Compute the missing elements in the report represented by the lettered items.
Required:
Compute the missing elements in the report represented by the lettered items.

Correct Answer:

verifed

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a.2,500 × 1.2 × $10 = $30,000
b.$26,250 ...

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