Answers to Practice Problems for Chapters 10 and 11

Answers to Practice Problems for Chapters 10 and 11 - Costs...

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The University of Texas at Austin McCombs School of Business, Business Foundations Program ACC 310F: Foundations of Accounting Answers to Practice Problems for Chapter 10 and Pages 254-256 of Chapter 11 1. Bob Johnson 2. Austin Hills Manufacturing Original Budget Original Budget Flexed Budget Actual Item (Per Unit) (20,000 units) (18,250 units)
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Unformatted text preview: Costs Variance Direct Materials 22.56 451, 250 411, 766 455, 390 43,624U Direct Labor 17.50 350, 000 319, 375 346, 600 27,225U Variable Overhead 8.43 168, 500 153, 756 156, 000 2,244U Fixed Overhead 10.50 210, 000 210, 000 212, 000 2,000U Total 58.99 1,179, 750 1,094, 897 1,164,9 90 75,093U Page 1...
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