Sheffield Company prepared the following data in its static budget based on 112750 machine hours Direct Materials $ 451000 Direct Labour 221000 Variable Overhead 1120000 Fixed Overhead 2095000 Actual Results Machine Hours 122750 hours Direct Materials $477000 Direct Labour 240000 Variable Overhead ...

Calculation Budgeted material Cost Per hows Direct material budgeted Cast at actual activity ...

Sheffield Company prepared the following data in its static budget based on 112750 machine hours: Direct Materials

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Sheffield Company prepared the following data in its static budget based on 112750 machine hours:

Direct Materials	$ 451000
Direct Labour	221000
Variable Overhead	1120000
Fixed Overhead	2095000

Actual Results:
Machine Hours	122750 hours
Direct Materials	$477000
Direct Labour	240000
Variable Overhead	1152000
Fixed Overhead	2107000

What was the difference between the actual and budgeted Direct Material costs at the actual level of activity?

$26000 unfavourable

$26000 favourable

$14000 unfavourable

$14000 favourable

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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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Posted Date: May 23, 2022 08:35 AM

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Sheffield Company prepared the following data in its static budget based on 112750 machine hours: Direct Materials

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Cost Accounting

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