direct material standard cost= cost of material + delivery or freight
$80,000 U for marine stores with direct labor cost of 381,000
direct materials cost standard ex 0.9 per square foot
Efficiency variance Measures how well the business uses its materials
E18-14 Comparing managerial accounting and financial accounting
Match the following terms to the appropriate statement. Some terms may be used
more than once and some terms may not be used at all.
E21-30 Determing mixed coststhe high-low method
The manager of Able Car Inspection reviewed the monthly operating costs for the past
year. The costs ranged from $4,000 for 1,000 inspections to $3,600 for 600 inspections.
1. Calculate the vari
E22-24 Preparing an operating budget
Dunbar Company manufactures drinking glasses. One unit is a package of 8 glasses,
which sells for $20. Dunbar projects sales for April will be 3,000 packages, with
sales increasing by 100 packages per month for May, Ju
Complete the performance report. Identify the employee group that may deserve
praise and the group that may be subject to criticism. Give your reasoning.
COLE PRO COMPANY
Flexible Budget Performance Report
For the Year Ended July 31, 2016