Acct 267 Ch8 Homework

Acct 267 Ch8 Homework - Problem 8-26 PROBLEM 8-28 I do not...

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Unformatted text preview: Problem 8-26 PROBLEM 8-28 I do not know how to arrive at the Budgeted mix! I do know that in the Actual Mix I should take the 300 budgeted cars and divide them by the 400 actual cars = 1.33% (right?). How do I find the BUDGET MIX? Total Variance = Original Budget: Budgeted Volume x Budgeted Quantity x Budgeted Rate Flex Budget: Actual Volume x Budgeted Quantity x Budgeted Rate x x = - x x = - Volume Variance = Flex Budget: Actual Volume x Budgeted Quantity x Budgeted Rate VQA Budget: Actual Volume x Actual Quantity x Budgeted Rate x x = - x x = - Quantity Variance = VQA Budget: Actual Volume x Actual Quantity x Budgeted Rate Actual: Actual Volume x Actual Quantity x Actual Rate x x = - x x = - Price Variance = I do not know how to arrive at the budgeted mix % becuase in my mind the example they show and tell But in this problem there is a Budget 300 Cars to be sold (period). For the calculation in the excel template I don't know what to puBut in this problem there is a Budget 300 Cars to be sold (period)....
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This note was uploaded on 02/14/2011 for the course ACCT 267 taught by Professor Psomostithis during the Spring '11 term at Bergen Community College.

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Acct 267 Ch8 Homework - Problem 8-26 PROBLEM 8-28 I do not...

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