Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pls help the solution method and formula. thank you in advance. ctivity-based costing, batch-level variance analysis. Audrina's Fleet Feet, Inc., produces dance for stores all

image text in transcribed

pls help the solution method and formula. thank you in advance.

ctivity-based costing, batch-level variance analysis. Audrina's Fleet Feet, Inc., produces dance for stores all over the world. While the pairs of shoes are boxed individually, they are crated and in batches. The shipping department records both variable direct batch-level costs and fixed l overhead costs. The following information pertains to shipping department costs for 2014 ped i batch-lev Static-Budget Amounts Actual Resuits Pairs of shoes shipped Average number of pairs of shoes per crate Packing hours per crate Variable direct cost per hour Fixed overhead cost 225,000 15 0.9 hours $18 $54,000 180,000 1.1 hour $16 $56,500 Require 1. What is the static budget number of crates for 2014? 2. What is the flexible budget number of crates for 2014? 3. What is the actual number of crates shipped in 2014? 4. Assuming fixed overhead is allocated using crate-packing hours, what is the predetermined fixed overhead allocation rate? 5. For variable direct batch-level costs, compute the price and efficiency variances. b. For fixed overhead costs, compute the spending and the production-volume variances. luntr unar cubes and syrup, out of

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Credentialing Audits Tools For Compliance And Reduced Liability

Authors: CPMSM Vicki L. Searcy

1st Edition

1578398584, 978-1578398584

More Books

Students also viewed these Accounting questions