Chapter 09 Flexible Budgets and Performance Analysis
135. The spending variance for expendables in May would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
9-108
Diskind Corporation manufactures and sells a single product. The company uses units as the
measure of activity in its budgets and performance reports. During October, the company
budgeted for 6,700 units, but its actual level of activity was 6,650 units. The company has
provided the following data concerning the formulas used in its budgeting and its actual results
for October:
Data used in budgeting:
Actual results for October:
Chapter 09 Flexible Budgets and Performance Analysis
136. The direct labor in the planning budget for October would be closest to:
137. The direct materials in the flexible budget for October would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
138. The activity variance for direct labor in October would be closest to:
139. The revenue variance for October would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
140. The spending variance for direct materials in October would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
9-112
Burau Corporation manufactures and sells a single product. The company uses units as the
measure of activity in its budgets and performance reports. During January, the company
budgeted for 5,500 units, but its actual level of activity was 5,510 units. The company has
provided the following data concerning the formulas used in its budgeting and its actual results
for January:
Data used in budgeting:
Actual results for January:
Chapter 09 Flexible Budgets and Performance Analysis
141. The selling and administrative expenses in the planning budget for January would be closest
to:
142. The manufacturing overhead in the flexible budget for January would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
143. The activity variance for selling and administrative expenses in January would be closest
to:
144. The spending variance for direct materials in January would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
9-115
Wohner Corporation manufactures and sells a single product. The company uses units as the
measure of activity in its budgets and performance reports. During August, the company
budgeted for 5,000 units, but its actual level of activity was 5,050 units. The company has
provided the following data concerning the formulas used in its budgeting and its actual results
for August:
Data used in budgeting:
Actual results for August:
Chapter 09 Flexible Budgets and Performance Analysis
145. The net operating income in the planning budget for August would be closest to:
146. The net operating income in the flexible budget for August would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
147. The activity variance for net operating income in August would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
148. The overall revenue and spending variance (i.e., the variance for net operating income in the
revenue and spending variance column on the flexible budget performance report) for August
would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
Mouton Corporation manufactures and sells a single product. The company uses units as the
measure of activity in its budgets and performance reports. During July, the company budgeted
for 7,300 units, but its actual level of activity was 7,350 units. The company has provided the
following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting:
Actual results for July:
149. The direct labor in the planning budget for July would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
150. The manufacturing overhead in the flexible budget for July would be closest to:
151. The activity variance for selling and administrative expenses in July would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
152. The spending variance for manufacturing overhead in July would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
9-122
Figliola Corporation manufactures and sells a single product. The company uses units as the
measure of activity in its budgets and performance reports. During October, the company
budgeted for 6,700 units, but its actual level of activity was 6,680 units. The company has
provided the following data concerning the formulas used in its budgeting and its actual results
for October:
Data used in budgeting:
Actual results for October:
Chapter 09 Flexible Budgets and Performance Analysis
153. The selling and administrative expenses in the planning budget for October would be
closest to:
154. The direct materials in the flexible budget for October would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
155. The activity variance for direct labor in October would be closest to:
156. The spending variance for direct materials in October would be closest to:
Chapter 09 Flexible Budgets and Performance Analysis
Karmazyn Hospital bases its budgets on patient-visits. The hospital’s static budget for October
appears below:
157. The total variable cost at the activity level of 9,000 patient-visits per month should be:
Chapter 09 Flexible Budgets and Performance Analysis
158. The total fixed cost at the activity level of 9,300 patient-visits per month should be: