User Account

All Pages

Compute sales price variance and the sales volume variance

Assignment Help Accounting Basics
Reference no: EM131539661

Question: 1. In a recent year, BMW sold 216,944 of its 1 Series cars. Assume the company expected to sell 225,944 of these cars during the year. Also assume the budgeted sales price for each car was $30,000, and the actual sales price for each car was $30,200. Compute the sales price variance and the sales volume variance.

2. Assume that Palm is budgeted to operate at 80% of capacity but actually operates at 75% of capacity. What effect will the 5% deviation have on its controllable variance? Its volume variance?

Reference no: EM131539661

Questions Cloud

You hold the option until expiration when share price : You hold the option until expiration when share price is $123. What is the payout and the profit?
Describe the concept of management by exception : BatPro makes metal baseball bats. Each bat requires 1 kg. of aluminum at $20 per kg. and 0.50 direct labor hours at $16 per hour.
What is northwest before-tax cost of debt : Northwest Corporation is estimating its WACC. What is Northwest' before-tax cost of debt. What is the firm's cost of common stock (RE) (rs) using DCF approach
What would the break-even price be for an investor : What would the break-even price be for an investor who bought a put option with a strike price of $25.
Compute sales price variance and the sales volume variance : In a recent year, BMW sold 216,944 of its 1 Series cars. Assume the company expected to sell 225,944 of these cars during the year.
What will be the expected net present value of project : what will be the expected net present value (NPV) of this project? What will be the value of St. Margaret Beer Co.’s flexibility option?
What degree should organizations bear social responsibility : At what point should they stop producing products that contribute little to society's welfare, even if it means fewer profits?
Evaluate critically a substantial case study : Evaluate critically a substantial case study using systems ideas and different approaches to knowledge management.
What is the role of assumptions in any research study : What is the role of assumptions in any research study? Please give some examples. cite all your resources correctly.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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