Question
The following budgeted and actual volume and cost data are for July of this year: Budget Actual Volume 20,000 18,000 Budgeted manufacturing costs: Variable costs
The following budgeted and actual volume and cost data are for July of this year:
|
|
|
| Budget | Actual |
| Volume | 20,000 | 18,000 |
| Budgeted manufacturing costs: |
|
|
|
| Variable costs per unit: |
|
|
|
|
| Direct materials | $17.00 |
|
|
|
| Direct labor | 7.00 |
|
|
|
| Overhead | 2.00 |
|
| Total fixed overhead costs | $220,000 |
|
| Actual manufacturing costs: |
|
|
|
|
| Direct materials |
| $310,000 |
|
|
| Direct labor |
| 1365,000 |
|
|
| Variable overhead |
| 36,000 |
|
|
| Fixed overhead |
| 210,000 |
|
| Prepare a flexible budget analysis of production costs for July of this year. |
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Practice Test For CCAK Certificate Of Cloud Auditing Knowledge Exam Core And Key Concepts Of The Nine Critical Areas For The CCAK Certificate
Authors: Walter Education
1st Edition
B0CCCXBB4G, 979-8853253438
