CA HW6 - Michael Bailey Cost Accounting, HW #6 Q1: 7-17...

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Unformatted text preview: Michael Bailey Cost Accounting, HW #6 Q1: 7-17 Actual Flexible Variances Flexible Budget Sales-Volume Variances Output units 8800 8800 1200U DM 364000 12000U 352000 48000F DML 78000 7600U 70400 9600F D Marketing L 110000 4400U 105600 14400F Total 552000 24000U 528000 72000F Flexible budget variance is 24000U Sales Volume variance is 72000F Static Budget variance is 48000F Q2: 7-21 <1> actual budgeted Manufactured scones 60800 60000 15000/60000 = .25 purchased pumpkin 16000 15000 0.25 cost per pumpkin 0.82 0.89 Actual Flexible Variances Flexible Budget Sales-Volume Variances Costs 13120 408F 13528 178U <2> Actual costs 13120 14240 13528 price variance is 1120 F efficiency variance is 712U flexible budget variance is 408 F <3> The report in the question is a level 1 analysis. The following is a level 2 analysis with a Flexible budget which for each cateogory is its per attache case price multiplied by 8800:...
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CA HW6 - Michael Bailey Cost Accounting, HW #6 Q1: 7-17...

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