Refer to DCdesserts.com's activity-based flexible budget in Exhibit 11-11 Suppose that the company's activity in June is

Post by **answerhappygod** » Tue Jul 05, 2022 1:38 pm

: Refer To Dcdesserts Com S Activity Based Flexible Budget In Exhibit 11 11 Suppose That The Company S Activity In June Is 1 (256.34 KiB) Viewed 8 times

: Refer To Dcdesserts Com S Activity Based Flexible Budget In Exhibit 11 11 Suppose That The Company S Activity In June Is 2 (85.75 KiB) Viewed 8 times

Refer to DCdesserts.com'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: 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.com's conventional flexible budget (Exhibit 11-3). Complete this question by entering your answers in the tabs below. Req 1 Req 2A a. Indirect material b. Utilities c. Inspection d. Test kitchen 6,000 16 20 30,000 Determine the flexible budgeted cost for each item in the table below. e. Material handling f. Req 2B Total overhead cost < Req 1 Req 2A >
Req 1 Req 2A Variance Req 2B Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use the activity- based flexible budget. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).) < Req 1 Req 2B >
Req 1 Req 2A Variance Req 2B Compute the variance for setup cost during the month, assuming that the actual setup cost was $3,000. Use DCdesserts.com's conventional flexible budget. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).) < Req 2A Req 2B >
Exhibit 11-11 Activity-Based Flexible Budget: DCdesserts.com DC desserts DCDESSERTS.COM Monthly Flexible Overhead Budget Budgeted Cost Nonstick cooking spray Waxed paper Other paper products Miscellaneous supplies Indirect labor: maintenance Utilities: Cost Pool I (cost driver: process hours) Indirect material: Electricity Natural gas Total of cost pool I Cost Pool II (cost driver: production runs) Indirect labor: Inspection Setup Total of cost pool II Cost Pool III (cost driver: new products tested) Test kitchen Total of cost pool III Cost Pool IV (cost driver: pounds of material handled) Material handling Total of cost pool IV Cost Pool V (facility level costs) Indirect labor: production supervisors Depreciation: plant and equipment Insurance and property taxes Total of cost pool V Total overhead cost Level of Activity 7,500 6,000 $12,000 2,000 2,000 6.000 4,000 3.000 1,000 $30,000 8 $ 2.200 3,000 $ 5,200 20 $ 1,200 $ 1.200 20,000 $ 2,000 $ 2,000 $ 6,000 500 100 $ 6,600 $45,000 $15,000 $18,000 2.500 3,000 2.500 3,000 7,500 9,000 5,000 6,000 3,750 1.250 $37,500 12 $ 3,300 4.500 $ 7,800 30 $ 1,800 $ 1,800 30,000 $ 3,000 $ 3,000 9,000 $ 6,000 500 100 $ 6,600 $56,700 4,500 1,500 $45.000 16 $ 4,400 6,000 $10,400 40 $ 2,400 $ 2,400 40,000 $ 4,000 $ 4,000 $ 6,000 500 100 $ 6.600 $68,400