Bryant Company's budgeted prices for direct materials, direct manufacturing labor, and direct marketing (distribution) labor per attach
Question:
Bryant Company's budgeted prices for direct materials, direct manufacturing labor, and direct marketing (distribution) labor per attaché case are $43, $6, and $13, respectively. The president is pleased with the following performance report:
Actual output was 10,000 attaché cases. Assume all three direct-cost items shown are variable costs. Is the president's pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget.
Transcribed Image Text:
Direct materials Direct manufacturing labor Direct marketing (distribution) labor Actual Costs $438,000 63,600 133,500 Static Budget $473,000 66,000 143,000 Variance $35,000 F 2,400 F 9,500 F
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The existing performance report is a Level 1 analysis based on a static budget It makes no adjustmen...View the full answer
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Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 978-0134475585
16th edition
Authors: Srikant M. Datar, Madhav V. Rajan
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