Hockey Accessories Corporation manufactured 21,900 duffle bags during March. The following fixed overhead data pertain to March: Actual Static Budget 21,900 units 22,500 units 1,050 hours 2,250 hours $81,500 $90,000 Production Machine-hours Fixed overhead costs for March What is the flexible-budget amount? A $87,600 B. $81,500 OC. $90,000 OD. $92,466 RIEB
Hockey Accessories Corporation manufactured 21,900 duffle bags during March. The following fixed overhead data pertain to March: Actual Static Budget 21,900 units 22,500 units 1,050 hours 2,250 hours $81,500 $90,000 Production Machine-hours Fixed overhead costs for March What is the flexible-budget amount? A $87,600 B. $81,500 OC. $90,000 OD. $92,466 RIEB
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 2E: The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 20,000 units....
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Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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Transcribed Image Text:Hockey Accessories Corporation manufactured 21,900 duffle bags during March. The following fixed overhead data pertain to March:
Static Budget
Actual
21,900 units
1,050 hours
$81,500
Production
Machine-hours
Fixed overhead costs for March
What is the flexible-budget amount?
A $87,600
B. $81,500
OC. $90,000
OD. $92,466
22,500 units
2,250 hours
$90,000
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