The budgeted prices for direct materials, direct manufacturing labour and direct marketing (distribution) labour per attach case
Question:
The budgeted prices for direct materials, direct manufacturing labour and direct marketing (distribution)
labour per attaché case are €40, €8 and €12, respectively. The chairman is pleased with the following performance report:
Transcribed Image Text:
Actual costs Static budget Variance Direct materials 364 000 Direct manufacturing labour 78 000 400 000 80 000 36 000 F 2 000 F Direct marketing (distribution) labour 110 000 120 000 10 000 F Required Actual output was 8800 attach cases. Is the chairman's pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget. Assume all three direct costs items are variable costs.
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The existing performance report is a Level 1 analysis based on a static budget It makes no adjustmen...View the full answer
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Vamsi krishna
Here the matter is not about how much you know about something to tell or explain or teach to someone who wants to know , but the matter is how much you understand and how you are going to teach that to someone who wants to learn. I believe even if you have done PhD and you do not how to teach the right way then you failed.
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Related Book For
Management And Cost Accounting
ISBN: 9781292436029
8th Edition
Authors: Alnoor Bhimani, Srikant Datar, Charles Horngren, Madhav Rajan
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