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Refer to DCdesserts's activity-based flexible budget in Exhibit 11-11. Suppose that the company's activity in June is described as follows: Process hours Production runs New products tested Direct material handled (pounds) Required: 9,000 16 20 20,000 1. Determine the flexible budgeted cost for each item in the table below. 2-a. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use the activity-based flexible budget. 2-b. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use DCdesserts's conventional flexible budget (Exhibit 11-3). Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Determine the flexible budgeted cost for each item in the table below. a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost < Req 1 Req 2A >

Refer to DCdesserts's activity-based flexible budget in Exhibit 11-11. Suppose that the company's activity in June is described as follows: Process hours Production runs New products tested Direct material handled (pounds) Required: 9,000 16 20 20,000 1. Determine the flexible budgeted cost for each item in the table below. 2-a. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use the activity-based flexible budget. 2-b. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use DCdesserts's conventional flexible budget (Exhibit 11-3). Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Determine the flexible budgeted cost for each item in the table below. a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost < Req 1 Req 2A >

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Refer to DCdesserts's activity-based flexible budget in Exhibit 11-11. Suppose that the company's activity in June is described as follows: Process hours Production runs New products tested Direct material handled (pounds) Required: 9,000 16 20 20,000 1. Determine the flexible budgeted cost for each item in the table below. 2-a. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use the activity-based flexible budget. 2-b. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use DCdesserts's conventional flexible budget (Exhibit 11-3). Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Determine the flexible budgeted cost for each item in the table below. a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost < Req 1 Req 2A >
Transcribed Image Text:Refer to DCdesserts's activity-based flexible budget in Exhibit 11-11. Suppose that the company's activity in June is described as follows: Process hours Production runs New products tested Direct material handled (pounds) Required: 9,000 16 20 20,000 1. Determine the flexible budgeted cost for each item in the table below. 2-a. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use the activity-based flexible budget. 2-b. Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use DCdesserts's conventional flexible budget (Exhibit 11-3). Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Determine the flexible budgeted cost for each item in the table below. a. Indirect material b. Utilities c. Inspection d. Test kitchen e. Material handling f. Total overhead cost < Req 1 Req 2A >
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