Chapter 8 Question 30

Chapter 8 Question 30 - x Budgeted Price VQA Budget: Actual...

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Chapter 8 Question 30 Variances . Original Budget: Budgeted Volume x Budgeted Quantity x Budgeted Price Flex Budget: Actual Volume x Budgeted Quantity x Budgeted Price 2,000 x .5 x $40 = $40,000 - 2,600 x .5 x $40 = - $ 52,000 Volume Variance = $12,000 There was a $12,000 Unfavorable variance. Flex Budget: Actual Volume x Budgeted Quantity
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Unformatted text preview: x Budgeted Price VQA Budget: Actual Volume x Actual Quantity x Budgeted Price 2,600 x .5 x $40 = $52,000- 2,600 x .4615 x $40 = - $48,000 Quantity Variance = $ 4,000 There was a favorable for $4,000 because it took less labor per patient than expected....
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This note was uploaded on 02/15/2012 for the course LABOR STUD 575:385 taught by Professor Lawrence during the Fall '10 term at Rutgers.

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