MANAGERIAL ACCOUNTING FOR MANAGERS
MANAGERIAL ACCOUNTING FOR MANAGERS
5th Edition
ISBN: 9781265056278
Author: Noreen
Publisher: MCG
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Chapter 11B, Problem 11B.3E

1.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers, and employee wages. mapping the formal plan.

The charges of the operating departments.

2.

To determine

Introduction: Expenses are the cost that helps company in operating through which company generates revenue. Expenses include payments made to factory lease, equipment depreciation, suppliers, and employee wages. mapping the formal plan.

Spending variance and not charged to the operating departments.

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Cariman contracts delivery drivers to service customers. Cariman owns the vans and pays for the gas. With reference to the following independent situations for Cariman, determine where (a) responsibility and (b) controllability lie. Suggest what might be done to solve the problem or to improve the situation: (20 marks)a) In the manufacturing plant the production manager is not happy with the material that the purchasing manager has been purchasing. In May the production manager stops requesting materials from the supply warehouse, and starts purchasing them directly from a different materials supplier. Actual materials costs in May are higher than budgeted.b) Overhead costs in the manufacturing plant for June are much higher than budgeted. Investigation reveals a utility rate hike in effect that was not figured into the budget.
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What is Cost Allocation? Definition & Process; Author: FloQast;https://www.youtube.com/watch?v=hLhvvHvZ3JM;License: Standard Youtube License