CH11 Solutions

CH11 Solutions - Chapter 11 review exercises solution Murray Company Performance Report using flexible budget Budgeted Rate Actual Costs Budgeted

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Chapter 11 review exercises solution Murray Company Performance Report using flexible budget Actual Costs Budgeted Costs Units 4,000 4,000 Supplies $0.20 $2,400 $2,400 $- Maintenance $0.80 $8,000 $9,600 $(1,600) F Utilities $0.10 $1,100 $1,200 $(100) F Total Costs $1.10 $11,500 $13,200 $(1,700) F $(1,700) F 10, 000 MH 12,000 MH 14,000 MH Supplies $2,000/10,000 MH $0.20 per MH $0.20 $0.20 Maintenance $8,000/10,000 MH $0.80 per MH $0.80 $0.80 Utilities $1,000/10,000 MH $0.10 per MH $0.10 $0.10 Shoe Inc. Variances AVOH BVOH ApVOH AVOR x AH SVOR x AH SVOR x SH SH = unit std x actual output =$5.00 x 70,000 DLH =$5.00 x 75,000DL SH = 1.5 hrs x 50,000 units = 75,000 hrs $385,000.00 $350,000.00 $375,000.00 $35,000.00 U $(25,000.00) F Spending Var Efficiency Var $10,000.00 U Bud Var AFOH BFOH ApFOH AFOR x AH SFOR x SHp SFOR x SH SHp = unit std x planned or practical output =$2.50 x 90,000 DLH =$2.50 x 75,000DL SH = 1.5 hrs x 60,000 units = 90,000 hrs $210,000.00 $225,000.00 $187,500.00 $(15,000.00) F
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This note was uploaded on 09/29/2011 for the course ACC 2362 taught by Professor Thoede during the Fall '07 term at Texas State.

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CH11 Solutions - Chapter 11 review exercises solution Murray Company Performance Report using flexible budget Budgeted Rate Actual Costs Budgeted

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