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11) Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance. Variances Material A Material B Flexible Budget $40,000 60,000 Direct manufacturing labor 80,000 121TH Price $1,000F 500U 500U The most likely explanation of the above variances for Material A is that A) a lower price than expected was paid for Material A B) higher-quality raw materials were used than were planned C) the company used a higher-priced supplier D) Material A used during September was $2,000 less than expected 12) The actual amount spent for Material B was ont for DI was Efficiency $3,000U 1,500F 2,500F

11) Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance. Variances Material A Material B Flexible Budget $40,000 60,000 Direct manufacturing labor 80,000 121TH Price $1,000F 500U 500U The most likely explanation of the above variances for Material A is that A) a lower price than expected was paid for Material A B) higher-quality raw materials were used than were planned C) the company used a higher-priced supplier D) Material A used during September was $2,000 less than expected 12) The actual amount spent for Material B was ont for DI was Efficiency $3,000U 1,500F 2,500F

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 46E: Refer to the information for Cinturon Corporation on the previous page. Required: 1. Break down the...
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11) Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance. Variances Material A Material B Direct manufacturing labor Flexible Budget $40,000 60,000 80,000 Price $1,000F 500U 500U Efficiency $3,000U 1,500F 2,500F The most likely explanation of the above variances for Material A is that A) a lower price than expected was paid for Material A B) higher-quality raw materials were used than were planned C) the company used a higher-priced supplier D) Material A used during September was $2,000 less than expected 12)The actual amount spent for Material B was 13) The actual amount spent for DL was
Transcribed Image Text:11) Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance. Variances Material A Material B Direct manufacturing labor Flexible Budget $40,000 60,000 80,000 Price $1,000F 500U 500U Efficiency $3,000U 1,500F 2,500F The most likely explanation of the above variances for Material A is that A) a lower price than expected was paid for Material A B) higher-quality raw materials were used than were planned C) the company used a higher-priced supplier D) Material A used during September was $2,000 less than expected 12)The actual amount spent for Material B was 13) The actual amount spent for DL was
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