Unit viii question 13

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Unit viii question 13

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Carla Vista Clothing produces men's athletic socks. The following budgeted and actual amounts are for 2022:
Cost
Budget at 5,900 Units
Actual Amounts at 6,700 Units
Direct materials
282,020
Direct labor
Equipment depreciation
006'
Indirect labor
Indirect materials
10,620
060
Rent and insurance
006
Prepare a flexible budget report for Carla Vista Clothing for the year.
CARLA VISTA CLOTHING
Manufacturing Flexible Budget Report
For the Year Ended December 31, 2022
Differences
Favorable (F)
Unfavorable (U)
Not Applicable (NA
Budget
Actual
5.
5.
5.
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Transcribed Image Text:%24 %24 %24 %24 > > > Carla Vista Clothing produces men's athletic socks. The following budgeted and actual amounts are for 2022: Cost Budget at 5,900 Units Actual Amounts at 6,700 Units Direct materials 282,020 Direct labor Equipment depreciation 006' Indirect labor Indirect materials 10,620 060 Rent and insurance 006 Prepare a flexible budget report for Carla Vista Clothing for the year. CARLA VISTA CLOTHING Manufacturing Flexible Budget Report For the Year Ended December 31, 2022 Differences Favorable (F) Unfavorable (U) Not Applicable (NA Budget Actual 5. 5. 5. eTextbook and Media Attempts: 0 of 3 used Submit Answer
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