FAB CORPORATION | |
Flexible Budget | |
for the month ended March 31 | |
Utilities | 21,580.00 |
Maintenance | 68,600.00 |
Supplies | 15,000.00 |
Indirect Labor | 134,800.00 |
Depreciation | 68,400.00 |
Total | 308,380.00 |
FAB CORPORATION | ||
Spending Variances | ||
for the month ended March 31 | ||
Utilities | 1770 | F |
Maintenance | 6200 | U |
Supplies | 200 | U |
Indirect Labor | 900 | F |
Depreciation | 1700 | F |
Total | 10770 |
Working Note
Particulars | Hours (Planned) | Fixed | Variable | Variable Cost | Flexible Budget Cost | Actual Cost (Given In Question) | Spending Variances | F/U |
Utilities | 25000 | 16,330.00 | 0.21 | 5,250.00 | 21,580.00 | 23,350.00 | 1,770.00 | F |
Maintenance | 25000 | 38,600.00 | 1.20 | 30,000.00 | 68,600.00 | 62,400.00 | -6,200.00 | U |
Supplies | 25000 | 0.00 | 0.60 | 15,000.00 | 15,000.00 | 14,800.00 | -200.00 | U |
Indirect Labor | 25000 | 94,800.00 | 1.60 | 40,000.00 | 134,800.00 | 135,700.00 | 900.00 | F |
Depreciation | 25000 | 68,400.00 | 0.00 | 68,400.00 | 70,100.00 | 1,700.00 | F |
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and do what you can to help us get better control of our manufacturing overhead costs. You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company’s costing system and “do what you can to help us get better control of our manufacturing overhead costs.” You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company’s costing system and “do what you can to help us get better control of our manufacturing overhead costs.” You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step In overhead planning and control After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company’s costing system and “do what you can to help us get better control of our manufacturing overhead costs.” You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis,...