iClicker_032811_and_selected_CH_10_slide

iClicker_032811_and_selected_CH_10_slide - Exam 2 This...

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Unformatted text preview: Exam 2 This Friday Apr 1 during recitation section. Fill out the scantron properly or you risk not having it graded. 20 multiple choice questions on CH 6-10 (approx. equally weighted) Approx. 1/3 word answers and 2/3 calculations CH 7 does not include Appendix A: ABC Action Analysis CH 9 does not include Manufacturing Cycle Convery - Spring 2011 1 On flexible budgets A clinic bases its budget on 8,500 patient-visits a month: Budgeted variable overhead costs $106,250 Budgeted fixed overhead costs $134,300 Total budgeted overhead cost $240,550 Using flexible budgeting, if there are 9,100 patient-visits in May, total overhead cost is: Convery - Spring 2011 2 On fixed overhead budget variance WrenCo. s actual production for the period required 2,100 standard direct labor hours. Actual fixed overhead for the period was $ 14,800. The budgeted fixed overhead was $ 14,450. The predetermined fixed overhead rate was $7 per direct labor hour. What was the budget variance? A. $350 Unfavorable B. $350 Favorable Convery - Spring 2011 3 On fixed overhead volume variance Flicker, Inc.s actual production for the period Flicker, Inc....
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This note was uploaded on 10/21/2011 for the course ACC 202 taught by Professor Sue during the Spring '10 term at Michigan State University.

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iClicker_032811_and_selected_CH_10_slide - Exam 2 This...

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