A partial responsibility accounting report for a cost center is below. The value of letter (c) would be:Over (Under) BudgetControllable CostsBudgetedActualDirect materials....$52,800$aDirect labor.......24,00026,000Utilities19,200CTotals...$96,000$96,600A$19,000B$19,400C) $54,000D) $2,000ENone of the above$(1,200)b(200)$ 600

To find the value of (c), which represents the actual cost for utilities, we need to calculate the…

Answered: A partial responsibility accounting…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 1CMA

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Given below is an excerpt from a management performance report: Budget Actual Difference Contribution margin $500000 $450000 $50000 U Controllable fixed costs $100000 $140000 $40000 U The manager’s overall performance
Required: a) Using Activity Based Costing, calculate the rate for each cost driver. b) Using activity based budgeting, prepare a budgeted yearly operating statement for Aero3D Ltd. Show the following separately, within the statement. i. The budgeted output for each product per year; ii. The contribution to profits for each product and in total before charging activity based costs; iii. The profit for each product and in total after charging activity based costs but before charging core costs (non-activity based costs); iv. The total profit after charging core based costs.
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Budgeted Activity Cost Pool Cost Product A Product B Product C Activity 1 $70,000 6,000 9,000 Activity 2 $45,000 7,000 15,000 Activity 3 $82,000 2,500 1,000 What are the activity rates for the three activities under activity based costing? O (1) $2.00; (2) $3.00; (3) $3.50. O (1) $3.50; (2) $1.50; (3) $32,80. O (1) $3.50; (2) $3.00; (3) $16.00. O (1) $2.00; (2) $1.50; (3) $16.00. O (1) $2.00; (2) $1.50; (3) $32.80. Question 9 F2 F7 -0- 2 F3 O+ # 3 F4 BJ LA $ 4 F5 N F6 % 5 6 20,000 8,000 1,625 F8 $ & 7 F9
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: BUDGETED ACTIVITY Budgeted Cost Product A $70,000 $45,000 $82,000 Activity Cost Pool Activity 1 Activity 2 Activity 3 How much overhead will be assigned to Product B using activity-based costing? Product B 9,000 15,000 1,000 6,000 7,000 2,500 Product C 20,000 8,000 1,625
! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead. Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead. Predicted activity level Actual activity level. $ 28,625 $ 31,000 Enter your answers in the tabs below. $ 2.10 per unit $ 11,300 11,300 units 10,000 units QS 21-15 (Algo) Total overhead and controllable variances LO P4
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost Product A Product B 6,300 7,300 2,800 Product C $73,000 $48,000 $88,000 20,300 8,300 1,925 9,300 15,300 1,300 How much overhead will be assigned to Product B using activity-based costing?
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Pool Budgeted Cost Product A Product B Product C Activity 1 $ 87,000 7,700 10,700 21,700 Activity 2 $ 62,000 8,700 16,700 9,700 Activity 3 $ 116,000 4,200 2,700 3,325 How much overhead will be assigned to Product B using activity-based costing?
Kindly refer to the attached photo in answering the questions: Thank you!☺️ Refer to a table below. What is the cumulative budgeted cost at the end of week 6? Below is the table of actual costs. What is the cumulative actual cost at the end of week 6? Below is the table for cumulative percentages of work completed by the end of week 6. What is the cumulative earned value of the project at the end of week 6? What is the CPI at the end of week 6? (round up to 2 decimal place) What is the value of CV? Calculate the FCAC using the first two methods described in the chapter. Compute for the TCPI.
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Refer to the data in Exercise 7.22. The support departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the costs of the support departments using the sequential method. (Round allocation ratios to four significant digits. Round allocated costs to the nearest dollar.) 2. Using direct labor hours, compute departmental overhead rates. (Round to the nearest cent.)
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