Optimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31, 2020, and relevant budget data are as follows.

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Problems: Budgetary Control and Responsibility Accounting

Problem-1: Budgetary Control and Responsibility Accounting

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Problem-2: Budgetary Control and Responsibility Accounting

Ratchet Company uses budgets in controlling costs. The August 2020 budget report for the company's A...

Problem-3: Budgetary Control and Responsibility Accounting

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Problem-4: Budgetary Control and Responsibility Accounting

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Problem-5: Budgetary Control and Responsibility Accounting

Optimus Company manufactures a variety of tools and industrial equipment. The company operates throu...

Problem-6: Budgetary Control and Responsibility Accounting

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Problem-7: Budgetary Control and Responsibility Accounting

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Problem-8: Budgetary Control and Responsibility Accounting

Myers Company uses a flexible for manufacturing overhead based on direct labor hours. Variable manuf...

Problem-9: Budgetary Control and Responsibility Accounting

Using the information in E24-3, assume that in July 2020, Myers Company incurs the following manufac...

Problem-10: Budgetary Control and Responsibility Accounting

Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to ...

Problem-11: Budgetary Control and Responsibility Accounting

The actual selling expenses incurred in March 2020 by Fallon Company are as follows.

Problem-12: Budgetary Control and Responsibility Accounting

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Problem-13: Budgetary Control and Responsibility Accounting

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Problem-14: Budgetary Control and Responsibility Accounting

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Problem-15: Budgetary Control and Responsibility Accounting

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Problem-16: Budgetary Control and Responsibility Accounting

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Problem-17: Budgetary Control and Responsibility Accounting

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Problem-18: Budgetary Control and Responsibility Accounting

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Problem-19: Budgetary Control and Responsibility Accounting

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Problem-20: Budgetary Control and Responsibility Accounting

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Problem-21: Budgetary Control and Responsibility Accounting

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Problem-22: Budgetary Control and Responsibility Accounting

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Problem-23: Budgetary Control and Responsibility Accounting

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Problem-24: Budgetary Control and Responsibility Accounting

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Budgetary Control and Responsibility Accounting

Problem-5: Budgetary Control and Responsibility Accounting

Problems: Budgetary Control and Responsibility Accounting

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