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Question 24 Not yet answered Marked out of 10.00 Flag question The cost accountant for Sherman's Co. prepared the following monthly performance report relating to
Question 24 Not yet answered Marked out of 10.00 Flag question The cost accountant for Sherman's Co. prepared the following monthly performance report relating to the Production Department. Budgeted Actual Production Production (10.000 Units) (11,000 Units) 240.000 260.000 Direct materials used 100,000 101.000 Direct labor 60.000 65.000 Variable manufacturing overhead 160,000 164,000 Fixed manufacturing overhead A. Refer to the above data. Compute the amounts that should be included for each of the following in af prepared at an 11,000-unit level of production: a. Direct materials: AED (3 Pts.) (3 Pts.) b. Direct labor: AED C. Fixed manufacturing overhead: AED (1 P.) B. Refer to the above data. Assume that a revised performance report is prepared for the 11.000-unit a flexible budget approach. Compute the cost variances for each of the following. Indicate whether (F) or unfavorable (U). d. Direct materials variance from flexible budget: AED (For U?) (1 PL) e. Direct labor variance from flexible budget: AED (For U?) (1 P.) (For U7) (1 P.) f. Total manufacturing overhead variance from flexible budget: B I PEEP Paragraph Home Pitsen
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