Burkhart-Chap7&8MiniCases

Burkhart-Chap7&8MiniCases - Brittany Burkhart Chapter 7...

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Brittany Burkhart Chapter 7 Mini Case 1 No, I do not, because the majority of the comparisons which were large amounts of the actual to the budg 2 Flexible Budget Item 45000 Sales ($25 per unit) $1,125,000 Less Variable Expenses: Direct Materials ($4.50 per unit) $202,500 Direct Labor ($3.75 per unit) $168,750 Variable Factory Overhead ($2.25 per unit) $101,250 Variable Selling and Admin. Exp. ($1.50 per unit) $67,500 Total Variable Expense ($12.00 per unit) 540,000 Contribution Margin ($13.00 per unit) $585,000 Less Fixed Expenses: Fixed Factory Overhead Expense $100,000 Fixed Selling and Admin. Expense $150,000 Total Fixed Expense $250,000 Operating Income $335,000 3. Revised Performance Report Items Budget-45000 Units Sales $1,125,000 Less Variable Expenses: Direct Materials $202,500 Direct Labor $168,750 Variable Factory Overhead $101,250 Variable Selling and Admin. Exp. $67,500 Total Variable Expense 540,000 Contribution Margin $585,000 Less Fixed Expenses: Fixed Factory Overhead Expense $100,000 Fixed Selling and Admin. Exp. $150,000 Total Fixed Expense
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This note was uploaded on 11/29/2009 for the course ACC ACC300 taught by Professor Jones during the Spring '09 term at Central Pennsylvania.

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Burkhart-Chap7&8MiniCases - Brittany Burkhart Chapter 7...

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