Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the mixing department manager of malone company is

The Mixing Department manager of Malone Company is able to control all overhead costs except...

90.2K

Verified Solution

Question

Accounting

image

image

The Mixing Department manager of Malone Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are: Indirect labor $11,650 Property taxes $930 Indirect materials 8,350 Rent 1,900 Lubricants 1,685 Salaries 10,700 Maintenance 3,600 Utilities 5,000 Actual costs incurred for January 2020 are indirect labor $12,200; indirect materials $10,200; lubricants $1,625; maintenance $3,600; property taxes $1,130; rent $1,900; salaries $10,700; and utilities $6,400. Prepare a responsibility report for January 2020. MALONE COMPANY Mixing Department Responsibility Report For the Month Ended January 31, 2020 Difference Favorable F Unfavorable Neither Favorat nor Unfavorable Controllable Costs Budget Actual $ $ $ $ $ $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

0 00004 0 0000024 12 0 00004 0 0000024 9 6 10 Use scientific notation...

Physics
1.2K views

An inductor designed with 400 turns coil wound on an iron core of 16 cm...

Physics
1.2K views

2 Two charged spheres are 2 00 cm apart One sphere has a charge of...

Algebra
1.2K views

13 Rewrite using only positive exponents x y 3 O 125 y 82 A O...

Accounting
1.2K views

What examples of a category descriptor? What...

Accounting
1.2K views

Dean Dynamics purchased a new software program to improve the inventory tracking of its products...

Accounting
1.2K views

During the year, the corporation completed a number of transactions affecting the stockholdors' equily. They...

Accounting
1.2K views

Icebreaker Company (a U.S.-based company) purchases materials from a foreign supplier on December 1, 2020,...

Accounting
1.2K views

Vinup Corporation has provided the following data concerning an investment project that it is considering:...

Accounting
1.2K views

You are currently the external audit manager at a client, Britestar Enterprises. The company employs...

Finance
1.2K views

Calculating the future value of the project in today's dollars is called what? Group of...

Accounting
1.2K views

The following information is available for Tomlin Company. ...