chapter 6-10 Flashcards
1
Q
MOH includes
A
MOH budget = depreciation on factory equip + sup salary + factory rent
2
Q
total fixed cost budget
A
rent + depreciation + other fixed
3
Q
produced units from 10,000 to 12,000 what the total budget differnce
A
add 20% to the variable costs UTILITIES, INDIRECT LABOR, INDIRECT MATERIALS. DEPRECIATION SUPERIVISION STAY THE SAME FIXED
4
Q
DM USAGE IF PURCHASE IS DIFFENERNT THAN USED
A
AQ PURCHASED * AP AQ PURCHASED * SP ACTUAL F/G PRODUCED * SQ = SQ ALLOWED * SP = ALLOCATED TO WIP
5
Q
FIXED MOH PRICE VARIANCE
A
AQ AP - MASTER Q * MASTER PRICE
6
Q
HOW TO RECORD VARIANCES
A
F- DEBIT U-CREDIT
7
Q
A
