Question: Study Appendix 13 The Winnipeg Chemical Company uses flexible budgets

Study Appendix 13. The Winnipeg Chemical Company uses flexible budgets and a standard cost system.
● Direct-labor costs incurred, 12,000 hours, $150,000
● Variable-overhead costs incurred, $37,000
● Fixed-overhead flexible-budget variance, $1,600, favorable
● Finished units produced, 1,800
● Fixed-overhead costs incurred, $38,000
● Variable overhead applied at $3 per hour
● Standard direct-labor cost, $13 per hour
● Denominator production per month, 2,000 units
● Standard direct-labor hours per finished unit, 6
Prepare an analysis of all variances (similar to Exhibit 13-10, p. 553 ).


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  • CreatedNovember 19, 2014
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