Complete the report showing via gelato revenue

Assignment Help Accounting Basics
Reference no: EM131582595

Question -

Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations:

While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $7,400 plus $3.20 per liter of gelato sold and the actual wages for June were $28,400. Via Gelato expected to sell 6,400 liters in June, but actually sold 6,600 liters.

Required: Complete the report showing Via Gelato revenue and spending variances for June.

Reference no: EM131582595

Questions Cloud

How many outcomes are in sample space of given experiment : A coin is flipped. If a heads is flipped, then the coin is flipped 4 more times and the number of heads flipped is noted.
What was the carrying amount of the van : Record a sale in journal entry - The depreciation method used wasstraight-line On January 1, 2011, What was the carrying amount of the van at the date of sale
Are t-tests or z-tests used more often in business research : Are t-tests or Z-tests used more often in business research? Why - Is this the right thing to say?
Set up the integral for the volume of the solid : Set up the integral for the volume V of the solid obtained by rotating the region bounded by the given curve about the specified axis.
Complete the report showing via gelato revenue : Required: Complete the report showing Via Gelato revenue and spending variances for June
Strategic planning and the business mission and objectives : Describe using your own words how it is being used in measuring the success of IS implementation - strategic planning and the business mission and objectives.
Calculate the sample average retail price : A T-shirt company is interested in knowing the average retail price charged for one product sold in stores across the country.
Conduct a risk assessment by identifying the threat : Conduct a risk assessment by identifying the threat (natural and manmade), vulnerabilities and consequence to your CIKR.
Discuss the reasons for using external style sheets : Design and develop an external style definition that can be applied to all the web pages.Discuss the reasons for using external style sheets.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Assume berry uses a perpetual inventory system

Prepare the journal entries to record the transaction on the books of Berry Corporation at December 31, 2011. (Assume that the effective interest method is used. Use the interest tables below and round to the nearest dollar.)

  Median, and standard deviation for ounces in the bottles

Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the pr..

  Prepare the journal entry to record the issuance

Ravonette Corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par value preferred stock for a lump sum of $13,500.

  What is the term to maturity in years

What is the total effective interest expense recorded over the term to maturity? What is the total cash interest paid over the term to maturity?

  Pleasant view hospital of british columbia has just hired a

pleasant view hospital of british columbia has just hired a new chief administrator who is anxious to employ sound

  Description of an opportunity cost

Which of the following best describes an opportunity cost?

  Problem on journalize the entries

On January 1, 20xx, alpha Corporation isuued $800,000 of 10%, 30-year bonds to lenders at par (100). Interest is to be paid semiannually on July 1 and January 1. Journalize the following entries.

  After negotiations granted a 100 allowance to smithsons for

journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed.

  Herkimer & co. expects the laptops to be used for three year

Herkimer & Co. expects the laptops to be used for three years.

  Beth who died in january 2012 was survived by her husband

beth who died in january 2012 was survived by her husband ben. beth and ben were married in 1996. beths federal gross

  If investors aversion to risk increased would the risk

if investors aversion to risk increased would the risk premium on a high-beta stock increase by more or less than that

  Buse corporation is investigating buying a small used

buse corporation is investigating buying a small used aircraft for the use of its executives. the aircraft would have a

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!

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