Reference no: EM132473789
Bill and Sons of Anarchy is a company that delivers automobile repair parts to various service garages. The following information is for three of the company's activities in 2020:
Rate per Output unit/Batch
Activity Activity level Cost driver Budget Actual cost
Receivables Output unit Sales invoices $0.70 $0.75
Payables Batch Purchase invoices $25.00 $23.00
Travel expenses Batch Travel claims $55.00 $52.50
The output measure is the number of deliveries
Static budget Actual amount
Number of deliveries 20,000 22,200
Number of sales invoices 4,000 3,700
Batch size in terms of deliveries:
Purchase invoice 10 8
Travel expense claims 20 25
Required
Question a. Calculate the flexible budget variance for each activity in 2020
Question b. Calculate the price and efficiency variance for each activity in 2020
|
Based on the dupont equation-what was the roe
: The firm's total-debt-to-total-assets ratio was 45.0%. Based on the DuPont equation, what was the ROE?
|
|
What basis of accounting does it appear ms ramirez has used
: Given what you know about the town's activities, what financial statements would the town be required to prepare using GASB standards?
|
|
How do the formal elements of design compare to one another
: Select one of the visual art pieces from Chapters 1-6 or the lessons from Weeks 1-3 to use as a point of inspiration. Create a painting, sculpture, drawing.
|
|
Compounding frequency on a loan
: The compounding frequency on a loan is once every year. If you borrow $35,974.44 at an annual interest rate of 3.75%, how much must you pay every year
|
|
Calculate price and efficiency variance for each activity
: Calculate the flexible budget variance for each activity in 2020. Calculate the price and efficiency variance for each activity in 2020
|
|
Discuss opinion about challenges of management in healthcare
: Post a short reflection, approximately 1 paragraph in length, discussing your thoughts and opinions about challenges of management in healthcare.
|
|
Journalize the transactions for miller company
: Journalize the transactions for Miller Company. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold.
|
|
What is the present value of the annuity
: You are entitled to receive an annuity of AUD1,000 per year for the next four years. Assuming an interest rate of 8% (annual) what is the present value
|
|
Calculate what mrfi stock price
: Based on the forecasted dividend stream, calculate what MRFI's stock price should be 13 years from now, instantaneously after Div13 is paid.
|