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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

Flexible Overhead Budget

Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 10,000 hours of productive capacity in the department:

Variable overhead cost:
   Indirect factory labor $86,000
   Power and light 4,100
   Indirect materials 31,000
      Total variable overhead cost $121,100
Fixed overhead cost:
   Supervisory salaries $42,390
   Depreciation of plant and equipment 26,640
   Insurance and property taxes 16,950
      Total fixed overhead cost 85,980
Total factory overhead cost $207,080

Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 8,000, 10,000, and 12,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.

Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours 8,000 10,000 12,000
Variable overhead cost:
Indirect factory labor $ $ $
Power and light
Indirect materials
Total variable factory overhead $ $ $
Fixed factory overhead cost:
Supervisory salaries $ $ $
Depreciation of plant and equipment
Insurance and property taxes
Total fixed factory overhead $ $ $
Total factory overhead cost $ $ $

In: Accounting

Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

Flexible Overhead Budget

Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 11,000 hours of productive capacity in the department:

Variable overhead costs:
   Indirect factory labor $95,700
   Power and light 3,850
   Indirect materials 27,500
      Total variable overhead cost $127,050
Fixed overhead costs:
   Supervisory salaries $44,470
   Depreciation of plant and equipment 27,950
   Insurance and property taxes 17,790
      Total fixed overhead cost 90,210
Total factory overhead cost $217,260

Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 9,000, 11,000, and 13,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.

Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours 9,000 11,000 13,000
Variable overhead costs:
Indirect factory labor $ $ $
Power and light
Indirect materials
Total variable factory overhead $ $ $
Fixed factory overhead costs:
Supervisory salaries $ $ $
Depreciation of plant and equipment
Insurance and property taxes
Total fixed factory overhead $ $ $
Total factory overhead $ $ $

In: Accounting

Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

Flexible Overhead Budget

Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 13,000 hours of productive capacity in the department:

Variable overhead cost:
   Indirect factory labor $118,300
   Power and light 4,030
   Indirect materials 32,500
      Total variable overhead cost $154,830
Fixed overhead cost:
   Supervisory salaries $54,190
   Depreciation of plant and equipment 34,060
   Insurance and property taxes 21,680
      Total fixed overhead cost 109,930
Total factory overhead cost $264,760

Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 11,000, 13,000, and 15,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.

Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours 11,000 13,000 15,000
Variable overhead cost:
Indirect factory labor $ $ $
Power and light
Indirect materials
Total variable factory overhead $ $ $
Fixed factory overhead cost:
Supervisory salaries $ $ $
Depreciation of plant and equipment
Insurance and property taxes
Total fixed factory overhead $ $ $
Total factory overhead $ $ $

In: Accounting

Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

Flexible Overhead Budget

Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 20,000 hours of productive capacity in the department:

Variable overhead costs:
   Indirect factory labor $180,000
   Power and light 12,000
   Indirect materials 64,000
      Total variable overhead cost $256,000
Fixed overhead costs:
   Supervisory salaries $ 80,000
   Depreciation of plant and equipment 50,000
   Insurance and property taxes 32,000
      Total fixed overhead cost 162,000
Total factory overhead cost $418,000

Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 18,000, 20,000, and 22,000 hours of production. Enter all amounts as positive numbers. Round your interim computations to the nearest cent, if required.

Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours 18,000 20,000 22,000
Variable overhead costs:
Indirect factory labor $ $ $
Power and light
Indirect materials
Total variable factory overhead $ $ $
Fixed factory overhead costs:
Supervisory salaries $ $ $
Depreciation of plant and equipment
Insurance and property taxes
Total fixed factory overhead $ $ $
Total factory overhead $ $ $

In: Accounting

Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 10,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor $90,000 Power and light 3,200 Indirect materials 25,000 Total variable overhead cost $118,200 Fixed overhead cost: Supervisory salaries $41,370 Depreciation of plant and equipment 26,000 Insurance and property taxes 16,550 Total fixed overhead cost 83,920 Total factory overhead cost $202,120 Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 8,000, 10,000, and 12,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers. Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 8,000 10,000 12,000 Variable overhead cost: Indirect factory labor $ $ $ Power and light Indirect materials Total variable factory overhead $ $ $ Fixed factory overhead cost: Supervisory salaries $ $ $ Depreciation of plant and equipment Insurance and property taxes Total fixed factory overhead $ $ $ Total factory overhead $ $ $

In: Accounting

Question one For this question, refer to the Bank of Ghana’s Monetary Policy Committee Press Release...

Question one
For this question, refer to the Bank of Ghana’s Monetary Policy Committee Press Release of March 18, 2020.
a) In ordinary language, explain the meaning of monetary policy. What is the difference between monetary policy and fiscal policy?
b) Explain the difference between monetary loosening and monetary tightening.
c) According to the statement, the MPC reduced the monetary policy rate by 150 basis points. Does this constitute a monetary loosening or monetary tightening? Explain
d) When deciding whether to tighten or loosen monetary policy, central banks weigh the relative risks to price stability and growth. Mention two indicators that the MPC use to gauge the risk to inflation and two indicators the MPC use to gauge the risk to growth.
e) Based on the information in the Press Release, in the thinking of the MPC did the risk to growth outweighed the risk to inflation or vice versa? Refer to specific points from the press release to back up your argument.
f) Using the money market diagram, explain the effect of this policy measure on the real interest rate and real money holdings.
  
g) In ordinary language, explain how the reduction in the Monetary Policy Rate will help the relative risk identified in part (e) above.
h) In addition to the reduction in MPR, the MPC also reduced the Primary reserve requirement from 10% to 8%. Explain how this

In: Economics

Estimate, by simulation, the average number of children there would be in a family if all people had children until they had a girl.

in R.

Estimate, by simulation, the average number of children there would be in a family if all people had children until they had a girl. Do the same if all people had children until they had at least one boy and at least one girl. How many more children would you expect to find under the second scheme than under the first in 100,000 families? (Assume that girls and boys are equally likely.)

In: Statistics and Probability

1. A married couple decides that they will continue to have children until they have 3...

1. A married couple decides that they will continue to have children until they have 3 girls. It is assumed that having a boy or a girl is equally likely.

a. What is the probability that the couple has 5 children until they have 3 girls? (specify the variable and what distribution is being used)

b. How many children does this couple expect to have until they have girls? (specify the variable and what distribution is being used)

In: Statistics and Probability

please write in c++ 2. Write a function sumOfArray that recursively finds the sum of a...

please write in c++

2. Write a function sumOfArray that recursively finds the sum of a one-dimensional array. A sample run is below.

The elements of the array are: 0 8 -4 6 7

The sum of the array is: 17

Press any key to continue . . .

In: Computer Science

Von Maur average weeks sales in 2017 were $1,336,780. The CEO stated in a press conference...

Von Maur average weeks sales in 2017 were $1,336,780. The CEO stated in a press conference today that FY 2018 sales are forecasted to increase 4.35% increase. What would the average weekly sales be in FY 2018?

Please show work!

In: Finance