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I am completely stumped! I have no idea what formula to use to getthis figured out.

A company's planned activity level for next year is expected to be100,000 machine hours. At this level of activity, the companybudgeted the following manufacturing overhead costs:

Variable

Indirect materials
$140,000

Indirect labor
200,000

Factory supplies
20,000

Fixed

Depreciation
$50, 0000
Taxes
10,000
Supervision
40,000


A flexible budget prepared at the 80,000 machine hours level ofactivity would show total manufacturing overhead costs of


$408,000.


$288,000.


$360,000.


$384,000.

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Related questions

I need some feedback if these are correct.
1.
A flexible budget is a budget that:
A) is updated with actual costs as they occur during theperiod.
B) is updated to reflect the actual level of activity during theperiod.
C) is prepared using a computer spreadsheet application.
D) contains only variable production costs.
2.
Ofarrell Snow Removal's cost formula for its vehicle operating costis $1,840 per month plus $377 per snow-day. For the month ofNovember, the company planned for activity of 14 snow-days, but theactual level of activity was 19 snow-days. The actual vehicleoperating cost for the month was $9,280. The vehicle operating costin the flexible budget for November would be closest to:
A) $9,003
B) $7,118
C) $9,280
D) $9,660
3.
Entler Framing's cost formula for its supplies cost is $2,250 permonth plus $16 per frame. For the month of June, the companyplanned for activity of 502 frames, but the actual level ofactivity was 497 frames. The actual supplies cost for the month was$10,580. The supplies cost in the planning budget for June would beclosest to:
A) $10,580
B) $10,282
C) $10,686
D) $10,202
4.
Johannsen Catering uses two measures of activity, jobs and meals,in the cost formulas in its budgets and performance reports. Thecost formula for catering supplies is $310 per month plus $103 perjob plus $23 per meal. A typical job involves serving a number ofmeals to guests at a corporate function or at a host's home. Thecompany expected its activity in February to be 28 jobs and 187meals, but the actual activity was 26 jobs and 192 meals. Theactual cost for catering supplies in February was $7,620. Thecatering supplies in the flexible budget for February would beclosest to:
A) $7,495
B) $7,404
C) $7,620
D) $6,960
5.
Kimbril Catering uses two measures of activity, jobs and meals, inthe cost formulas in its budgets and performance reports. The costformula for catering supplies is $530 per month plus $91 per jobplus $12 per meal. A typical job involves serving a number of mealsto guests at a corporate function or at a host's home. The companyexpected its activity in January to be 27 jobs and 174 meals, butthe actual activity was 31 jobs and 173 meals. The actual cost forcatering supplies in January was $5,330. The activity variance forcatering supplies in January would be closest to:
A) $255 F
B) $255 U
C) $352 F
D) $352 U
6.
Lapinsky Air uses two measures of activity, flights and passengers,in the cost formulas in its budgets and performance reports. Thecost formula for plane operating costs is $31,400 per month plus$2,148 per flight plus $7 per passenger. The company expected itsactivity in April to be 89 flights and 261 passengers, but theactual activity was 84 flights and 260 passengers. The actual costfor plane operating costs in April was $204,810. The spendingvariance for plane operating costs in April would be closestto:
A) $8,842 U
B) $19,589 F
C) $19,589 U
D) $8,842 F
7.
Velten Corporation's flexible budget performance report for lastmonth shows that actual indirect materials cost, a variable cost,was $45,198 and that the spending variance for indirect materialscost was $9,114 favorable. During that month, the company worked18,600 machine-hours. Budgeted activity for the month had been19,000 machine-hours. The cost formula per machine-hour forindirect materials cost must have been closest to:
A) $1.90
B) $2.86
C) $1.94
D) $2.92
8.
Which of the following comparisons best isolates the impact thatchanges in prices of inputs and outputs have on performance?
A) static planning budget and flexible budget
B) static planning budget and actual results
C) flexible budget and actual results
D) master budget and static planning budget
9.
The excess or deficiency of cash available over disbursements onthe cash budget is calculated as follows:
A) The beginning balance less the expected cash receipts less theexpected cash disbursements.
B) The cash available less the expected cash receipts plus theexpected cash disbursements.
C) The beginning balance plus the expected cash receipts less theexpected cash disbursements.
D) None of the above.
10.
There are various budgets within the master budget. One of thesebudgets is the production budget. Which of the following BESTdescribes the production budget?
A) It details the required direct labor hours.
B) It details the required raw materials purchases.
C) It is calculated based on the sales budget and the desiredending inventory.
D) It summarizes the costs of producing units for the budgetperiod.
1.B
2.A
3.A
4.C
5.D
6.C
7.A
8.B
9.A
10.C

A company's plannedactivity level for next year is expected to be 200,000 machinehours. At this level of activity, the company budgeted thefollowing manufacturing overhead costs:

Variable Fixed

Indirect materials$280,000 Depreciation $120,000

Indirect labor 400,000Taxes 20,000

Factory supplies 40,000Supervision 100,000

A flexible budget preparedat the 160,000 machine hours level of activity would show totalmanufacturing overhead costs of

a. $576,000.

b. $720,000.

c. $768,000.

d. $816,000.

A company developed thefollowing per-unit standards for its product: 2 pounds of directmaterials at $4 per pound. Last month, 1,500 pounds of directmaterials were purchased for $5,700. The direct materials pricevariance for last month was

a. $5,700favorable.

b. $300favorable.

c. $150favorable.

d. $300unfavorable.

A company budgeted unitsales of 204,000 units for January, 2013 and 240,000 units forFebruary, 2013. The company has a policy of having an inventory ofunits on hand at the end of each month equal to 30% of next month'sbudgeted unit sales. If there were 61,200 units of inventory onhand on December 31, 2013, how many units should be produced inJanuary, 2013 in order for the company to meet itsgoals?

a. 214,800 units

b. 204,000 units

c. 193,200 units

d. 276,000 units

In the month of June, adepartment had 20,000 units in beginning work in process that were70% complete. During June, 80,000 units were transferred intoproduction from another department. At the end of June there were10,000 units in ending work in process that were 40% complete.Materials are added at the beginning of the process, whileconversion costs are incurred uniformly throughout the process. Theequivalent units of production for materials for Junewere

a. 90,000 equivalentunits.

b. 100,000 equivalentunits.

c. 104,000 equivalentunits.

d. 80,000 equivalentunits.

Mah, Inc. completed JobNo. B14 during 2013. The job cost sheet listed thefollowing:

Direct materials$55,000

Direct labor$30,000

Manufacturing overheadapplied $20,000

Units produced 3,000units

Units sold 1,800units

How much is the cost ofthe finished goods on hand from this job?

a. $105,000

b. $63,000

c. $42,000

d. $51,000

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