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Actual factory - PowerPoint PPT Presentation

Chapter 21

Chapter 21. Performance Evaluation Using Variances from Standard Costs. Financial and Managerial Accounting 8th Edition Warren Reeve Fess. Objectives. 1. Describe the types of standards and how they are established for businesses.

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607 views • 41 slides

12-27

12-27. First, find the unknown service rates: From S1 to P2 = 100% - 10% - 20% = 70% From S2 to P1 = 100% - 10% - 30% = 60% 1. The Direct Method Net service to both Production Departments for Service Department 1: 100% - 10% = 90% Production Department 1 share: 20%/90% = 2/9

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522 views • 36 slides

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Actual factory - PowerPoint PPT Presentation

Chapter 21

12-27