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Exercise 11-30 You brought your work home one evening, and your nephew spilled his chocolate milk shake on the Reconstruct Missing Informavariance report you were
Exercise 11-30 You brought your work home one evening, and your nephew spilled his chocolate milk shake on the Reconstruct Missing Informavariance report you were preparing. Fortunately, knowing that overhead was applied based on machine tion from Partial Data hours, you were able to reconstruct the obliterated information from the remaining data. Fill in the missing numbers below. (Hint: It is helpful to solve for the unknowns in the order indicated by the letters in the following table.) Required: 1. Determine the flexible budgeted cost for each of the following: a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost 2. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000 a. Using the activity-based flexible budget. b. Using DCdesserts.com's conventional flexible budget (Exhibit 11-3). Exercise 11-30 You brought your work home one evening, and your nephew spilled his chocolate milk shake on the Reconstruct Missing Informavariance report you were preparing. Fortunately, knowing that overhead was applied based on machine tion from Partial Data hours, you were able to reconstruct the obliterated information from the remaining data. Fill in the missing numbers below. (Hint: It is helpful to solve for the unknowns in the order indicated by the letters in the following table.) Required: 1. Determine the flexible budgeted cost for each of the following: a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost 2. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000 a. Using the activity-based flexible budget. b. Using DCdesserts.com's conventional flexible budget (Exhibit 11-3)
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