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# \$15.00Acc/561 Week5 WileyPlus

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Exercises E20-2, E20-5, BE21-4, and E22-5

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\$15.00
Acc/561 Week5 WileyPlus
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Preview: ... t for depreciation are \$2 and for supervision are \$1. Complete the flexible manufacturing budget for the relevant range value using 20,000 unit increments. HANNON COMPANY Monthly Flexible Manufacturing Budget For the Year 2010 Activity level    80,000    100,000    120,000     Finished goods               Variable costs                   Direct materials    \$320,000    \$400,000    \$480,000     Direct labor    480,000    600,000    720,000     Overhead    640,000    800,000    960,000     Total variable costs    \$1,440,000    \$1,800,000    \$2,160,000 Fixed costs                   Depreciation    200,000    200,000    200,000     Supervision    100,000    100,000    100,000     Total fixed costs    300,000    300,000    300,000 Total costs    \$1,740,000    \$2,100,000    \$2,460,000 Depreciation: \$2 × 1,200,000 ÷ 12 Supervision: \$1 × 1,200,000 ÷ 12 Question 4       Compute the total materials variance and the price and quantity variances. Total materials variance    \$3,400    Favorable Materials price variance    \$8,400    Favorable Materials quantity variance     ...

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