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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