ACC 561 Experience Tradition/uophelp.com ACC 561 Experience Tradition/uophelp.com | Page 40

Exercise 19-17 (Part Level Submission) Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. Siren Company sells the fishing lures for $25.25. During 2017, the company sold 79,000 lures and produced 88,000 lures. Brief Exercise 22-1 For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $326,100 budget; $334,100 actual. Prepare a static budget report for the quarter. Brief Exercise 22-4 Gundy Company expects to produce 1,281,600 units of Product XX in 2017. Monthly production is expected to range from 81,500 to 113,700 units. Budgeted variable manufacturing costs per unit are direct materials $4, direct labor $7, and overhead $11. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. Prepare a flexible manufacturing budget for the relevant range value using 16,100 unit increments. ========================================= ACC 561 Week 5 Wileyplus Practice Quiz