costacctg13_cf_ch07

costacctg13_cf_ch07 - Chapter 7. Flexible Budgets,...

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Chapter 7. Flexible Budgets, Direct-Cost Variances, and Management Control 7-16 1. FBV $12,800 U SVV $7,200 U SBV $20,000 U 7-17 Note: This answer is based off of the problem update listed on the errata sheet in the front matter of the solution manual. 1. FBV $70,000U SVV $120,000 F SBV $50,000 F 7-18 1. SBV $17,000 U 2. FBV $19,000 F SVV $36,000 U 7-19 1. FBV: $7,500 U SVV: $7,500 F SBV $0 2. Actual SP $3.34 Budgeted SP $2.25 Actual VC $2.54 Budgeted VC $1.50 7-20 1. Units $25,000 F (5.0%) Rev $110,000 F (3.4%) VMC $140,000 U (8.0%) CM $30,000 U (2.0%) 2. FBV $105,000 U SVV $75,000 F 3. $52,500 U 7-21 1. FBV $468 F 2. PV $1,260 F EV $792 U 7-22 DM: PV $14,000 F EV $11,000 F FBV $25,000 F DML: PV $4,000 U EV $6,000 U FBV $10,000 U 7-23 Note: This answer is based off of the problem update listed on the errata sheet in the front matter of the solution manual. 1. DM: PV $2,625,000 U; EV $1,312.50 U DML: PV $158.00 U; EV $382.50 F Total FBV $3,713 U; 12.03% (= $3,713/$30,875) 2. DM: PV $1,324.05 U;
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This note was uploaded on 03/28/2011 for the course ACT 303 taught by Professor Sun during the Spring '11 term at Alvin CC.

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costacctg13_cf_ch07 - Chapter 7. Flexible Budgets,...

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