CHAPIER $6$

VARIANCES $-$ PRACTICE PROBLEMS

$($SOLUTIONS POSTED ON CANVAS$)$

NOTE: The review packet is intended to provide additional practice problems and solutions for Chapter $6.$ It is not intended to cover every possible concept and term. You may use the packet to test your understanding of the topics as you study, but it should not be used as your primary study tool. I will never ask a question the same way twice, so be prepared by knowing the PROCESS and not memorizing the format.

PROBLEM $1$: FLEXIBLE BUDGET

Shelton Bottles manufactures glass bottles exclusively for Bamthouse Brews and sells them by the case. Assume the following information, and complete the table for Shelton Bottles' flexible budget.

HANDOUT $8-$ MANAGERIAL DECISIONS

THIS HANDOUT CONSISTS OF PARTS A AND B

PARTA

Maria, controller for Matulis Mattresses, has prepared the following financial information for the most recent period showing profitability of its three divisions:

$\backslash$table$[[,$Tranquil Slumber,Restful Nights,Dream Haven$],[$Sales$,$$$102,000,$$$108,000,$$$120,000$