Chapter 23 Problems to Ponder Answers

Chapter 23 Problems to Ponder Answers - CHAPTER 23Solutions...

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Ch23 SE3 STANDARD COSTING AND VARIANCE ANALYSIS Chapter 23, SE 3. Direct materials cost ( $10.20 × 5 lbs. ) $51.00 Direct labor cost ( $10.75 × 0.2 hrs. ) 2.15 Variable overhead ( $7.00 × 3 machine hrs.) 21.00 Fixed overhead ( $11.00 × 3 machine hrs.) 33.00 Total standard unit cost $107.15 CHAPTER 23 Solutions
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Ch23 SE5 Chapter 23, SE 5. Variable Units Produced Cost 10,000 12,000 14,000 per Unit Direct materials $ 100,000 $ 120,000 $140,000 $ 10.00 Direct labor 30,000 36,000 42,000 3.00 Variable overhead 50,000 60,000 70,000 5.00 Total variable costs $180,000 $216,000 $252,000 $18.00 Total budgeted fixed overhead 80,800 80,800 80,800 Total costs $260,800 $296,800 $332,800 Cost Category
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Ch23 SE6 Chapter 23, SE 6. = = ( $10.20 $10.00 ) × 55,000 pounds = $0.20 × 55,000 pounds = $11,000 (F) = = $10.20 × [ ( 11,000 × 5 pounds ) 55,000 pounds ] = $10.20 × ( 55,000 pounds 55,000 pounds ) = $0 Diagram Form: $550,000 $561,000 $561,000 $11,000 (F) $0 $10.00 × 55,000 = $550,000 $10.20 × 55,000 = $561,000 $10.20 11,000 × 5 ) = $561,000 Direct Materials Price Variance (Standard Price Actual Price) × Actual Quantity Direct Materials Quantity Variance Standard Price × (Standard Quantity
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This note was uploaded on 02/02/2012 for the course ECON 125 taught by Professor Ho during the Summer '10 term at San Diego State.

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Chapter 23 Problems to Ponder Answers - CHAPTER 23Solutions...

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