CA HW Chapter 8

CA HW Chapter 8 - MichaelBailey CostAccounting...

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Michael Bailey Cost Accounting Chapter 8 Homework <8-16> 1 Actual Step One Flexible BudgeMaster Budget 52164 54432 51840 51840 Spending Variance:  54432-52164= 2268 F Efficiency Variance:  51840-54432= 2592 U Flexible Budget Variance:  51840-52164= 324 U 2 <8-21> Variable Fixed Spending variance 4200 U 3000 U Efficiency variance 4500 U never Production-volume variance never 600 U Flexible Budget variance 8700 U 3000 U 8700 U 3600 U <8-23> 1 Actual  Step 1 Flexible Master Variable 155100 159600 147600 147600 Fixed 401000 390000 369000 (4-Variable Analysis) Spending VarEfficiency VarProd-Vol Var Var MOH 4500 F 12000 U never Fixed MOH 11000 U never 21000 U than the budgeted cost (11.50 compared to 12).  There was an unfavorable  efficiency variance because the labor hours needed to create each suit was  longer than the budgeted rate.  The flexible budget variance, therefore, was  unfavorable because the unfavorable efficiency variance was larger in value 
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This note was uploaded on 11/03/2009 for the course ACCT 130 taught by Professor Huxhold during the Spring '09 term at UCSD.

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CA HW Chapter 8 - MichaelBailey CostAccounting...

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