Leno manufacturing company prepared the following factory overhead cost budget for the press department for october 2014, during which it expected to require 20,000 hours of productive capacity in the department: variable overhead cost: indirect factory labor $180,000 power and light 12,000 indirect materials 64,000 total variable overhead cost $256,000fixed overhead cost: supervisor salaries $80,000 depreciation of plant and equipment 50,000 insurance and property taxes 32,000 total fixed overhead cost 162,000total factory overhead cost $418,000
prepare a cost budget for 18,000 and 22,000 hours of productive capacity.

Bayside began 2014 with an inventory t-account debit balance of $155,000. inventory purchases during the year amounted to $75,000. there were no inventory-related write-downs or losses. what is its december 31, 2014, inventory account balance?

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is: