Sykes, Inc., has done a cost analysis for its production of vests. The following activities and...
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Sykes, Inc., has done a cost analysis for its production of vests. The following activities and cost drivers have been developed: Activity Cost Formula Maintenance Machining Quality Inspections $11,000+ $2 per DLH $55,000+ $3 per DLH $20,000 L Following are the actual costs of producing 75,000 vests: 5,000 direct labor hours. Maintenance (12,000 Fixed) Machining (54,300 Fixed) Quality Inspections >¶ ¶< Prepare a performance report showing actual costs versus budgeted costs and the variances. Be sure to separate costs by behavior. Be sure to show ALL your work with formulas in English or abbreviations, if needed, to receive full credit for a correct answer. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). US Paragraph B I X² X₂ $20,000 73,000 18,600 Open Sans,sa... ✓ 10pt Ω ABC ¶T ||| B 13 V Ix % 0 до 52 CHHE Ť O EXE = = = 三 ⒸON *** Sykes, Inc., has done a cost analysis for its production of vests. The following activities and cost drivers have been developed: Activity Cost Formula Maintenance Machining Quality Inspections $11,000+ $2 per DLH $55,000+ $3 per DLH $20,000 L Following are the actual costs of producing 75,000 vests: 5,000 direct labor hours. Maintenance (12,000 Fixed) Machining (54,300 Fixed) Quality Inspections >¶ ¶< Prepare a performance report showing actual costs versus budgeted costs and the variances. Be sure to separate costs by behavior. Be sure to show ALL your work with formulas in English or abbreviations, if needed, to receive full credit for a correct answer. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). US Paragraph B I X² X₂ $20,000 73,000 18,600 Open Sans,sa... ✓ 10pt Ω ABC ¶T ||| B 13 V Ix % 0 до 52 CHHE Ť O EXE = = = 三 ⒸON ***
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flexible budget flexes budgeted cost to actual output Actual result Budget varian... View the full answer
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
Posted Date:
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