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can someone help me with this managerial accounting practice problem. all the boxes with an arrow need to be filled and could you structure the
can someone help me with this managerial accounting practice problem. all the boxes with an arrow need to be filled and could you structure the answer just like the boxes thank you and will give a thumbs up
The following information relates to a company. Production Department Cost Report For the Month Ended July 31 Actual Planning Results Budget Machine-hours 25,000 30,000 Variances $ Variable costs: Supplies Scrap Indirect materials Fixed costs: Wages and salaries Equipment depreciation Total cost 7,200 $ 7,800 $ 600 F 22,400 24,000 1,600 F 68,600 79,500 10,900F 69,100 66,000 3,100 96,000 96,000 $ 263,300 $ 273,300 $10,000 F Required: Using a Flexible Budget Performance approach complete a new report for the month of July. Required: Using a Flexible Budget Performance approach complete a new report for the month of July. Complete this question by entering your answers in the tabs below. Required 3 Prepare a new performance report for the month of July. (Do not round your Intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Company Production Department Flexible Budget Performance Report For the Month Ended July 31 Flexible Budget Actual Results 25,000 Planning Budget 30,000 Machine-hours (9) Supplies Scrap Indirect materials Wages and salaries Equipment depreciation Total $ 7,200 22,400 68,600 69,100 96,000 $ 263,300 $ 7,800 24,000 79,500 66,000 96,000 $ 273,300 Gred 3 next Step by Step Solution
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