This file ACC 561 Assignment Wiley Plus Week 5 contains solutions to these exercises:
E20-2
Zeller Electronics Inc. produces and sells two models of pocket calculators XQ-103 and XQ-104. The calculators sell for $12 and $25 respectively. Because of the intense competition Zeller faces management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows
E20-5
Moreno Industries has adopted the following production budget for the first 4 months of 2011.
BE21-4
Hannon Company expects to produce 1200000 units of Product XX in 2010. Monthly production is expected to range from 80000 to 120000 units. Budgeted variable manufacturing costs per unit are: direct materials $4 direct labor $6 and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Complete the flexible manufacturing budget for the relevant range value using 20000 unit increments.
E22-5
The standard cost of Product B manufactured by Mateo Company includes three units of direct materials at $5.00 per unit. During June 28000 units of direct materials are purchased at a cost of $4.70 per unit and 28000 units of direct materials are used to produce 9000 units of Product B.