Samson Equipment Ltd. is a company that manufactures an abdominal exerciser called The Ab Rippler. The following information is for three of the company's activities in 2012:
The output measure is the number of units produced.
Batch size in terms of units produced:
Required:
a. Calculate the flexible-budget variance for each activity in 2012.
b. Calculate the price and efficiency variances for each activity in 2012.

Question

Samson Equipment Ltd. is a company that manufactures an abdominal exerciser called The Ab Rippler. The following information is for three of the company's activities in 2012:
  The output measure is the number of units produced.
  Batch size in terms of units produced:
  Required:
a. Calculate the flexible-budget variance for each activity in 2012.
b. Calculate the price and efficiency variances for each activity in 2012.

Quizplus · Accepted Answer

The Answer of Samson Equipment Ltd. is a company that manufactures an abdominal exerciser called The Ab Rippler. The following information is for three of the company's activities in 2012:
  The output measure is the number of units produced.
  Batch size in terms of units produced:
  Required:
a. Calculate the flexible-budget variance for each activity in 2012.
b. Calculate the price and efficiency variances for each activity in 2012.