Seay Paints allocates overhead based on machine hours. Estim…

Seay Paints allocates overhead based on machine hours. Estimated manufacturing overhead cost were $250,000, but ended up actually being $230,000. Actual machine hours were 21,000 but were estimated at 20,000. The estimates were made as of the beginning of the year, while the actual results were for the entire year. The manufacturing overhead for the year would have been:

Davis Wade Enterprises reported the following budgeted cash…

Davis Wade Enterprises reported the following budgeted cash collection information in July and August: July August From June receivables $126,000 From July sales $45,000 $105,000 From August sales $120,000 Other information related to Davidson’s budget is as follows:- the company sells a single product for a price of $25 per unit- the company assumes that 30% of sales will be collected in the month of sale, with the remaindercollected in the following month. What are the number of units budgeted for sale in July?

Clear Sky Sailmakers manufactures sails for sailboats. The c…

Clear Sky Sailmakers manufactures sails for sailboats. The company is currently producing at maximum capacity. The following information relates to current production: Sales price per unit $250 Variable costs per unit      Manufacturing $165      Marketing and admin  $50 Total fixed costs      Manufacturing $750,000      Marketing and admin $200,000 If a special sales order is accepted for 5,000 sails at a price of $225 per unit, and fixed costs remain unchanged, how would operating income be affected?