Ched Ltd manufactures Cheddar cheese pies. For January 2015, it budgeted to purchase and use 15 000
Question:
Required
1. Calculate the flexible-budget variance.
2. Calculate the price and efficiency variances.
3. Comment on the results in requirements 1 and 2.
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1 The key information items are Actual Budgeted Output units pies 60800 60000 Input units 16000 ...View the full answer
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Related Book For 
Management and Cost Accounting
ISBN: 978-1292063461
6th edition
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
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