Solution-Compare budgeted costs and actual costs

Compare budgeted costs and actual costs

Reference no: EM132580521

Question 1: Kanter Industries produced 138,000 units using 69,000 direct labor hours. Production for the period was estimated at 140,000 units and 73,000 direct labor hours. A flexible budget would compare budgeted costs and actual costs, respectively, at:

Option 1: 69,000 hours and 69,000 hours.

Option 2: 69,000 hours and 73,000 hours.

Option 3: 71,000 hours and 71,000 hours.

Option 4: 73,000 hours and 66,164 hours.

Reference no: EM132580521

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Compare budgeted costs and actual costs

Reference no: EM132580521

Reference no: EM132580521

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Accounting Basics Questions & Answers

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Coures:- fundamental accounting principles

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Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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