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The following is total monthly budgeted cost and activity information for the fo

ID: 2519937 • Letter: T

Question

The following is total monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company:

Variable

Fixed

Cost Driver

$84,898

$165,000

3,400 labor hours

$9,884

$20,000

2,800 letters

$130,000

$88,000

2,600,000 lines

$9,360

$78,000

18,000 accounts


In September, actual costs and activity were as follows:

Total Costs

Driver Amount

$252,360

3,500 labor hours

$30,860

2,840 letters

$225,091

2,730,000 lines

$87,066

18,150 accounts


Required
Compute the flexible-budget variances for the following two activity cost items (round all answers to the nearest dollar and enter favorable variances as positive numbers and unfavorable variances as negative numbers):

  Account billing    

  Correspondence   

Activity Center

Variable

Fixed

Cost Driver

Account inquiry

$84,898

$165,000

3,400 labor hours

Correspondence

$9,884

$20,000

2,800 letters

Account billing

$130,000

$88,000

2,600,000 lines

Bill verification

$9,360

$78,000

18,000 accounts

Explanation / Answer

Particulars

Actual (A)

Flexible (B)

Favourable / Unfavourable (B)-(A)

$

$

Computation Notes

Account billing

$225,091

$224,500

[$88,000+($130,000/2,600,000)*2,730,000]

$591 Unfavourable

Correspondence

$30,860

$30,025.20 (or $30,025)

[$20,000+($9,884/2,800)*2,840]

$834.80 Unfavourable (or $835)

Particulars

Actual (A)

Flexible (B)

Favourable / Unfavourable (B)-(A)

$

$

Computation Notes

Account billing

$225,091

$224,500

[$88,000+($130,000/2,600,000)*2,730,000]

$591 Unfavourable

Correspondence

$30,860

$30,025.20 (or $30,025)

[$20,000+($9,884/2,800)*2,840]

$834.80 Unfavourable (or $835)