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Author Question: Morgan's, Inc. has provided you with the following financial information:BudgetedActualSales ... (Read 50 times)

xman15.

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on: Feb 5, 2023

Question 1

Camping Supplies produces light-weight cots. The company plans to produce 10,000 cots this year. Fixed overhead costs for the factory are budgeted to be $50,000. The company actually spent $48,000 on fixed overhead and produced 8,000 cots.

Required:

Calculate the fixed overhead spending variance.

Question 2

Morgan's, Inc. has provided you with the following financial information:

​​BudgetedActual
Sales quantity6,0006,200
Sales price per unit$    6.00$    5.75
Variable product cost per unit2.002.25
Fixed selling expenses3,0006,000
Fixed administrative expenses 15,00014,000
Income tax expense1,8002,000
Required:

Prepare a performance report for the period in good form.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by xman15. on Feb 5, 2023

hvhf4k+549qz8f218jyo@shar

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xman15.

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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