EXERCISE 11-10 (20 MINUTES)

1. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH11 FLEXIBLE BUDGETS AND OVERHEAD ANALYSIS
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH11 FLEXIBLE BUDGETS AND OVERHEAD ANALYSIS

1. Murray Company

Variable Overhead Performance Report

Budgeted machine-hours ... 12,000

Actual machine-hours worked... 11,500

Actual Budget

Variance