Cap Industries uses flexible budgets. At normal capacity of 38403 units, the budgeted variable manufacturing overhead is $91135 and the budgeted fixed manufacturing overhead is $663069. If Stone had actual overhead costs of $602727 for 37721 units produced, what is the difference between actual and budgeted costs?

Cap Industries uses flexible budgets. At normal capacity of 38403 units, the budgeted variable manufacturing overhead is $91135 and the budgeted fixed manufacturing overhead is $663069. If Stone had actual overhead costs of $602727 for 37721 units produced, what is the difference between actual and budgeted costs?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...

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