User Account

All Pages

Calculate the price and quantity and volume variances

Assignment Help Financial Accounting
Reference no: EM132949297

The following are the nursing department labor costs for a home health agency for the month of March:

Actual- $22,825

Budget- $17,250

Variance- $5,565 U

Budgeted visits = 1,250

Actual visits = 1,500

Budgeted nurse hours per visit = 0.60

Actual nurse hours per visit = 0.65

Budgeted nurse pay rate = $23.00/hour

Actual nurse pay rate = $23.40/hour

Problem 1: Calculate the price, quantity, and volume variances. Hint: They should add up to the total variance of $5,565.

Reference no: EM132949297

Questions Cloud

Explain the importance of the relationship : Explain the importance of the relationship between the technology that is used by companies today and how that technology can be used to effect customer service
What is the? market-implied dividend growth? rate : The market risk premium is? 4%, and the? risk-free rate is 2.8?%. If the? firm's price is ?$65?, what is the? market-implied dividend growth? rate?
What is the law of large numbers in insurance theory : What Is the Law of Large Numbers in Insurance Theory?
Manage the integration challenges at hisense hiview : How can Liu Hongxin of Hisense Group effectively manage the integration challenges at Hisense Hiview Tech Company?
Calculate the price and quantity and volume variances : Calculate the price, quantity, and volume variances. Hint: They should add up to the total variance of $5,565. Nursing department labor costs for a home health.
Explain the definition of audit expectation gap : Explain the definition of audit expectation gap. Then, discuss some approaches to reducing the expectation gap.
Explain the project stakeholder management process : Explain the project stakeholder management process and discuss why it is important to build relationships before you need it.
What were the budgeted variable costs per patient : How much over or under budget was the hospital, taking into account the volume of patients? Be sure to indicate "over" or "under" as well as giving the amount.
View on short and long-term growth potential : Would American Eagle outfitters be a good investment from a point of view of a potential common shareholder? and what is your view on the short and long-term gr

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd