subject
Business, 23.03.2020 21:41 kingrebl4267

Flexible Budget using the information on Exhibit

1. You will need to get a budgeted rate per unit for the variable expenses like we did in class to make that happen.
b.) Calculate the breakeven in units based on the per unit costs you found in part a.
c.) Calculate the Level 2 variances and indicate if the variance is favorable or unfavorable. (This should be done on each individual account and for the total.)
d.) Calculate the level 3 variances (price and efficiency) for direct material, direct labor, and shipping costs, and indicate if the variance is favorable or unfavorable. (Assume that the direct material per completed unit is 1 unit of direct material for each unit completed.)
e.) Calculate the level 3 variances for overhead, both variable and fixed, and indicate if the variance is favorable or unfavorable. Assume that the company allocates their overhead based on direct labor hours. You may lump all individual line items of variable overhead together. You may do the same for fixed overhead.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 20:40, rusa25
On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.
Answers: 2
image
Business, 23.06.2019 00:10, jlang8
The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
Answers: 3
image
Business, 23.06.2019 00:10, riley01weaver1
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
image
Business, 23.06.2019 01:30, eelebron0905
Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.
Answers: 1
You know the right answer?
Flexible Budget using the information on Exhibit

1. You will need to get a budgeted rat...

Questions in other subjects:

Konu
Chemistry, 29.01.2021 22:20
Konu
Mathematics, 29.01.2021 22:20
Konu
Chemistry, 29.01.2021 22:20