117 calculate the spending variance for variable

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Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter 5 / Exercise 5-42
Managerial Accounting: The Cornerstone of Business Decision-Making
Hansen/Mowen
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117. Calculate the spending variance for variable setup overhead costs. a. $1,500 unfavorable b. $525 favorable c. $975 unfavorable d. $1,500 favorable Answer : b Difficulty : 3 Objective : 8
(11,250 / 225) x 5.25 x ($38 - $40) = $525 (F) 118. Calculate the flexible-budget variance for variable setup overhead costs.
124 Chapter 8
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Managerial Accounting: The Cornerstone of Business Decision-Making
The document you are viewing contains questions related to this textbook.
Chapter 5 / Exercise 5-42
Managerial Accounting: The Cornerstone of Business Decision-Making
Hansen/Mowen
Expert Verified
119. Calculate the spending variance for fixed setup overhead costs. Difficulty : 3 Objective : 8
$14,000 - $14,400 = $400 (U) 120. Calculate the production-volume variance for fixed setup overhead costs.
121. Fixed and variable cost variances can __________ be applied to activity-based costing systems. a. always b. most times c. seldom d. never Answer : a Difficulty : 1 Objective : 8
Flexible Budgets, Variances, and Management Control: II 125

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