The following is total monthly budgeted cost and activity information for the four activity centers in...
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The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company: Activity Center Variable Fixed Cost Driver Statement inquiry $84,830 $151,000 3,400 labor hours Correspondence $9,369 $28,000 2,700 letters Account billing $144,000 $89,000 2,400,000 lines Payment verification $11,000 $76,000 20,000 accounts In September, actual total costs and activity were as follows: Activity Center Total Costs Driver Amount Statement inquiry $231,505 3,250 labor hours Correspondence $38,666 2,820 letters Account billing $230,031 2,340,000 lines Payment verification $87,370 20,020 accounts Required Compute the flexible-budget variances for the following two activity cost items (round unit costs to two decimal places and enter favorable variances as positive numbers and unfavorable variances as negative numbers): Account billing Statement inquiry The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company: Activity Center Variable Fixed Cost Driver Statement inquiry $84,830 $151,000 3,400 labor hours Correspondence $9,369 $28,000 2,700 letters Account billing $144,000 $89,000 2,400,000 lines Payment verification $11,000 $76,000 20,000 accounts In September, actual total costs and activity were as follows: Activity Center Total Costs Driver Amount Statement inquiry $231,505 3,250 labor hours Correspondence $38,666 2,820 letters Account billing $230,031 2,340,000 lines Payment verification $87,370 20,020 accounts Required Compute the flexible-budget variances for the following two activity cost items (round unit costs to two decimal places and enter favorable variances as positive numbers and unfavorable variances as negative numbers): Account billing Statement inquiry
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Answer Solution OREGON POWER COMPANY CALCULATION OF FLEXIBLE BUDGET VARIANCE ACCOUNT BIL... View the full answer
Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Posted Date:
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