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MY ANSWERS ARE WRONG COULD YOU PLEASE SHOW ME HOW TO ANSWER THIS QUESTION? Static Budget Actual Results (23,500 PCs) (21,500 PCs) $ 9,030,000 Sales
MY ANSWERS ARE WRONG COULD YOU PLEASE SHOW ME HOW TO ANSWER THIS QUESTION?
Static Budget Actual Results (23,500 PCs) (21,500 PCs) $ 9,030,000 Sales (21,500 PCs x $420) $ 10,340,000 2,214,500 2,282,600 (23,500 PCs x $440 ) Variable manufacturing expenses: Direct materials (215,000 parts x $10.30 ) (226,000 parts x $10.10 ) Direct labour (43,000 hrs. x $14.40 ) (45,500 hrs. x $15.00 ) Variable overhead (215,000 parts x $ 3.80 ) (226,000 parts x $ 3.90 ) Fixed manufacturing expenses: 619,200 682,500 817,000 881,400 Fixed overhead 989,000 1,019,000 Total cost of goods sold 4,639,700 4,865,500 $ Gross profit 4,390,300||$ 5,474,500 Boyer System Manufacturing Overhead Variances Total overhead variance: 1,900,400 Actual overhead cost Standard overhead allocated to production Total overhead variance Overhead flexible budget variance: Actual overhead cost Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance
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