Bill graham and larry miller incorporated b&l landscapes, inc. on

B&L Landscapes, Inc. Mini Practice Part 5

 

Bill Graham and Larry Miller incorporated B&L Landscapes, Inc. on July 1, 2014.  The business consists of lawn care and sprinkler system installations.   In addition, they also sell two types of fertilizer.

 

During 2015, B&L Landscapes, Inc. acquired a 30% interest in Crestline Pipe. The president of Crestline wants to develop a management report to evaluate Manufacturing Overhead costs. Bill and Larry want to help and have volunteered your services to provide some managerial reporting for Crestline.

 

Crestline Pipe distributes high-quality PVC pipe and has the following information for the month of March, 2015

Crestline Pipe

Manufacturing Overhead Budget (Static)

For the Month of March, 2015

Budgeted production in LF            117,500                 

Budgeted costs                                                           

Indirect materials ($0.30/DLH)      7,050                                                                             

Indirect labor ($0.50/DLH)          11,750

Utilities ($0.40/DLH)                       9,400                       

Maintenance ($0.25/DLH)            5,875                       

Salaries                                      42,000                       

Depreciation                              16,800                       

Property taxes                              2,500                       

Insurance                                     1,200                       

Janitorial                                      1,300                       

Total budgeted costs                     $97,875                 

 

Crestline Pipe

Manufacturing Overhead Costs (Actual)

For the Month of March, 2015

Actual production in LF                  118,500                 

Actual costs                                                                

Indirect materials)                        7,100                                                                             

Indirect labor                             11,825

Utilities                                        10,700                       

Maintenance                               5,900                       

Salaries                                      42,000                       

Depreciation                              16,800                       

Property taxes                              2,500                       

Insurance                                     1,200                       

Janitorial                                      1,300

Total budgeted costs                     $99,325                 

 

Crestline Pipe had the following static budget and overhead costs for March. Manufacturing overhead is budgeted based on direct labor hours (DLH). Direct labor is budgeted at 12 minutes per linear foot (LF).

 

 

Instructions:

1.Prepare a flexible manufacturing overhead budget based on the following amounts produced.

a)     115,500 LF

b)     116,500 LF

c)     117,500 LF

d)     118,500 LF

e)     119,500 LF

2.Prepare a flexible budget report showing the differences (favorable and unfavorable) in manufacturing overhead costs for the month of March.  Include your analysis of what variances should be investigated further. 

 

3.Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable.  Provide a brief evaluation of how this information could be used to measure the manufacturing manager’s performance. 

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Australia Assessments has gained an international reputation of being the leading website in custom assignment writing services. Once you give us the instructions of your paper through the order form, we will complete the rest.

Essays

Essay Writing Services

As we work towards providing the best custom assignment services, our company provides assignment services for any type of academic essay. We will help you develop professionally written essays that are rich in content and free from plagiarism.

Admissions

Admission and Business Papers

Our skilled team of professional writers will ensure that we help you craft a remarkable admission essay for your desired Master's program in your institution of choice. We won't stop there. Once you enter the job market, we will be available to secure you a position at your desired worksite by creating an outstanding portfolio or resume.

Editing

Editing and Proofreading

Our editorial team is always available for all editing and proofreading services. They check completed papers by our writers and also provide professional opinions to papers completed by our clients.

Coursework

Technical papers

We harbor professional academic writers with different qualifications in diverse academic fields. As such, we are capable of handling both simple and technical papers. Ensure that you provide us with correct and complete instructions in the order form.