Chio. In the case of Soriano Company in your Chapter 10 KeyPoints file, Soriano's Production volume variance is the difference between the total standard production fixed cost applied to actual production and the fixed cost's flexible budget amount for the period. Select one: a. True b. False. 6:29 . 5GE 01s ch10 KeyPoints w Soriano Case PPTX - 18 MB SORIANO Flexible:Budget CASE SUPPLEMENT 21 for CHAPTER 10 SORANO CASE SIND 17 SR 1300W 151151 Hewither STANDARD OUT AUTRES BETES Direct Material 55 per 515 per Direct Labor SDL 515 per DLL Products Overhead, VIXED BEDLI 535 LH Sep SOBUDGETED Total Standard Casper 35 personit The Standard pentru I FEED IC ASSUME NOW WE ARE AT THE END OF 2017. WE FIND OUR ACTUAL SALES=1.000 UNITS 550 per TORCHOLM POOLINGUINTETINIS INVENTORY BRINGAN 1C-PREPARE A Standard-Cost Inserm INCOME STATEMENT that is based on the ACTUAL UNITS SOLD.hut actual costs are the SORIANO applied STANDARD COST to the ACTUAL PRODUCTION UNITS throughout 2017 SORIANO Flexible-Het CASE SUPPLEMENT 2 CHAPTER 18 ICI ASSUME NOW WE ARE AT THE END OF 2017. WE FIND OUR ACTUAL SALES - 1.000.000 UNITS AT SSO PER UNIT, and PRODUCTION ACCORDINGLY WORKED LISS PRODUCING UNITS FINISHED GOODS INVENTORY RONNING TO UNITS AND ENDING AT ICH PREPARE A INTERNE INCOME STATEMENT THAT IS BASED ON THE ACTUAL UNITS SOLD, AND ASSUMING THAT SORANO APLI STANDARD COST TO THE ACTUAL PRODUCTION UNITS THROUGHOUT Before actual cobec Standard Custom THE STANDARD COST INTERIM INCOME STATEMENT TO Beforening for Reve 0.00 WA Sell Price Le Standard of Goods Soldes Gews PowerSantan.co.15 SI5.000 Lo Scilmad Auto Intes Operating in den Standard Ayo MANO RODUNE TELLE PROTECTIONS CONTECOS FIECAREIRO SANDARD COSTS APUEDE REUSE HERE alt Open Office ctrl 6:29 el 5GE 0 1s ch10 KeyPoints w Soriano Case PPTX - 1.8 MB W THE STANDARD-COST INTERIM INCOME STATEMENT FOR 2017 Before desting for production aume Variances Revenue LI WA Sell Price $50.00 $30,000,000 Les Sant Cost of Goods Sold 100.000 Unit Standard Co 15.000 GoPro, de Samband costs 10 (558-5353 515.000.000 Lo Scing and Administraciol Intem Operating Income, busco Standard con Applied to Actual production 3.000.000 NORIANO WORLDLINE TO KVALUATE PRODUCTION FUNCTIONS PERFORMANCE TO CONTROL COSTS COSTRUM ACTUAL UNUS.EE STANDARD CONSAPED DRENG 2017. THE VARIANCE TELESED STANDLARI CALID . the TUTOR LABORAL dece WW Var The FIXED production overhead was expected to incur 515.000.000 the ONLY APHIDS. The five overhead standard cost $12.50 per unit was under for the 200.000 production hotell $13.50 x 200,000 under production $1.500.000 of Production Volume Varicu An ADJUSTED inte income statement follows SORIANO Flexible-Budget CASE SUPPLEMENT 2 CHAPTER 10 IC SORIANO WOULD LIKE TO KVALUATE PRODUCTION FUNCTION'S PERFORMANCE TO CONTROL COSTS. YOU'RE ASKED TO PREPARE A FLEXIBLE COST HUDGET based the actual units prodered COMPARE IT TO THE STANDARD COSTS APPLIED DURING 2017, the PRODUCTION VOLUME VARIANCE 2.5 milioane 3. The prepare the ADJUSTED INTERIM INCOME STATEMENT, known. The Solution follow THE ADJUSTED INTORUM INCOME STATEMENT FOR 2017 Revo 1,000,000 in WA Sell Pris 350 DOO Le Standard COGS 1,000,000x Total Star Coin 3 EcoFLEXIBLE BUDGE.psparodontoh Production Overhead FIXTD perbuat StactU2lio... 200.000 Product Variant 1.2.500.000 Le for the cable.com 2.000 Adamed limuna ofit $12.00 La Sell Adv. FIXED wally be ur Open Office -trl Chio. In the case of Soriano Company in your Chapter 10 KeyPoints file, Soriano's Production volume variance is the difference between the total standard production fixed cost applied to actual production and the fixed cost's flexible budget amount for the period. Select one: a. True b. False. 6:29 . 5GE 01s ch10 KeyPoints w Soriano Case PPTX - 18 MB SORIANO Flexible:Budget CASE SUPPLEMENT 21 for CHAPTER 10 SORANO CASE SIND 17 SR 1300W 151151 Hewither STANDARD OUT AUTRES BETES Direct Material 55 per 515 per Direct Labor SDL 515 per DLL Products Overhead, VIXED BEDLI 535 LH Sep SOBUDGETED Total Standard Casper 35 personit The Standard pentru I FEED IC ASSUME NOW WE ARE AT THE END OF 2017. WE FIND OUR ACTUAL SALES=1.000 UNITS 550 per TORCHOLM POOLINGUINTETINIS INVENTORY BRINGAN 1C-PREPARE A Standard-Cost Inserm INCOME STATEMENT that is based on the ACTUAL UNITS SOLD.hut actual costs are the SORIANO applied STANDARD COST to the ACTUAL PRODUCTION UNITS throughout 2017 SORIANO Flexible-Het CASE SUPPLEMENT 2 CHAPTER 18 ICI ASSUME NOW WE ARE AT THE END OF 2017. WE FIND OUR ACTUAL SALES - 1.000.000 UNITS AT SSO PER UNIT, and PRODUCTION ACCORDINGLY WORKED LISS PRODUCING UNITS FINISHED GOODS INVENTORY RONNING TO UNITS AND ENDING AT ICH PREPARE A INTERNE INCOME STATEMENT THAT IS BASED ON THE ACTUAL UNITS SOLD, AND ASSUMING THAT SORANO APLI STANDARD COST TO THE ACTUAL PRODUCTION UNITS THROUGHOUT Before actual cobec Standard Custom THE STANDARD COST INTERIM INCOME STATEMENT TO Beforening for Reve 0.00 WA Sell Price Le Standard of Goods Soldes Gews PowerSantan.co.15 SI5.000 Lo Scilmad Auto Intes Operating in den Standard Ayo MANO RODUNE TELLE PROTECTIONS CONTECOS FIECAREIRO SANDARD COSTS APUEDE REUSE HERE alt Open Office ctrl 6:29 el 5GE 0 1s ch10 KeyPoints w Soriano Case PPTX - 1.8 MB W THE STANDARD-COST INTERIM INCOME STATEMENT FOR 2017 Before desting for production aume Variances Revenue LI WA Sell Price $50.00 $30,000,000 Les Sant Cost of Goods Sold 100.000 Unit Standard Co 15.000 GoPro, de Samband costs 10 (558-5353 515.000.000 Lo Scing and Administraciol Intem Operating Income, busco Standard con Applied to Actual production 3.000.000 NORIANO WORLDLINE TO KVALUATE PRODUCTION FUNCTIONS PERFORMANCE TO CONTROL COSTS COSTRUM ACTUAL UNUS.EE STANDARD CONSAPED DRENG 2017. THE VARIANCE TELESED STANDLARI CALID . the TUTOR LABORAL dece WW Var The FIXED production overhead was expected to incur 515.000.000 the ONLY APHIDS. The five overhead standard cost $12.50 per unit was under for the 200.000 production hotell $13.50 x 200,000 under production $1.500.000 of Production Volume Varicu An ADJUSTED inte income statement follows SORIANO Flexible-Budget CASE SUPPLEMENT 2 CHAPTER 10 IC SORIANO WOULD LIKE TO KVALUATE PRODUCTION FUNCTION'S PERFORMANCE TO CONTROL COSTS. YOU'RE ASKED TO PREPARE A FLEXIBLE COST HUDGET based the actual units prodered COMPARE IT TO THE STANDARD COSTS APPLIED DURING 2017, the PRODUCTION VOLUME VARIANCE 2.5 milioane 3. The prepare the ADJUSTED INTERIM INCOME STATEMENT, known. The Solution follow THE ADJUSTED INTORUM INCOME STATEMENT FOR 2017 Revo 1,000,000 in WA Sell Pris 350 DOO Le Standard COGS 1,000,000x Total Star Coin 3 EcoFLEXIBLE BUDGE.psparodontoh Production Overhead FIXTD perbuat StactU2lio... 200.000 Product Variant 1.2.500.000 Le for the cable.com 2.000 Adamed limuna ofit $12.00 La Sell Adv. FIXED wally be ur Open Office -trl