Compute the activity variance for these data

Assignment Help Managerial Accounting
Reference no: EM133111629

Question - A-Zone Media sells two models of e-readers. The budgeted price per unit for the wireless model is $212 and the budgeted price per unit for the wireless and cellular model is $456. The master budget called for sales of 12,000 wireless models and 3,500 wireless and cellular models during the current year. Actual results showed sales of 9,500 wireless models, with a price of $300 per unit, and 5,100 wireless and cellular models, with a price of $800 per unit. The standard variable cost per unit is $100 for a wireless model and $260 for a wireless and cellular model.

Required -

a. Compute the activity variance for these data.

b. Compute the mix and quantity variance for these data.

Reference no: EM133111629

Questions Cloud

Information regarding retirement planning : You plan to work (and save) for 35 years, then retire (and spend money from your retirement account) for 15 years. After these 50 years, you would like your re
Explain the policy of reinvesting : Donalda corp common stock sells today for $42 and it expects to pay an upcoming annual dividend of $2.02 per share. The company's future prospects have slowed d
Make the summaries of other related articles : Discussion: After this initiation, students can make the summaries of other related articles, please provide an analysis below and explain the meanings of finan
How much would his contribution room : He loses all the money as the company goes bankrupt in November 2022. How much would his contribution room then be for 2022? 2023
Compute the activity variance for these data : The master budget called for sales of 12,000 wireless models and 3,500 wireless. Compute the activity variance for these data
What will be the significant aspects of transportation : What will be the significant aspects of Transportation and Warehousing? What will you recommend - rest of the teamwork on the overall financial aspects
Cognitive errors and emotional biases : Give at least 3 cognitive errors and emotional biases respectively. Define each and give recommendations how to overcome it. (10-15 sentences)
Determine the amount of dividends allocated : The Long Island Ducks has stock outstanding as follows: 12,000 shares of cumulative preferred 2% stock. Determine the amount of dividends allocated
What are the influences of behavioral biases : What are the influences of behavioral biases in financial decision making? Cite examples and elaborate. (10-15 sentences)

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What amount fixed and variable component of maintenance cost

Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closes to what amounts?

  Explain the determining factors of the interest rate

Please explain the determining factors of the interest rate and make sure to include hypothetical examples for better clarity

  What the economic rule would set transfer price as

Assuming the Rubber Division has available capacity for 5,000 additional units, What the economic rule would set transfer price as?

  Difference between actual vs applied manufacturing overhead

Which is NOT a cause of differences between actual and applied manufacturing overhead? The use of a predetermined overhead rate treats overhead costs

  Calculate the total cost of providing this insured service

To save money, the extended health plan reduced its coverage to 40 percent of the cost. Calculate the total cost of providing this insured service

  Determining operating income

GHI Company makes light-weight canoes for campers. The president, George Ingalls, enlists your help in predicting the effects of some changes he is contemplating. He gives you the following information:

  Determine the costs to be assigned to units transferred out

If unit materials cost is $6 and unit conversion cost is $12, determine the costs to be assigned to units transferred out and units in ending work in process

  What was the amount of cash payments to stockholders

The board of directors declared cash dividends total $168,000 during the year. What was the amount of cash payments to stockholders

  What is the labor rate variance for the month

What is the labor rate variance for the month? Was it favorable or unfavorable? The following labor standards have been established for a particular product

  Find and calculate the irr promised by the new van

Calculate the IRR promised by the new van. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculation)

  Determine the payback period and arr and npv

Z Company is planning to purchase a system capable of deploying Artificial Intelligence. Determine the payback period, ARR, and NPV (Ignoring taxes)

  What is its operating breakeven point

A firm has fixed operating costs of $25,000, a per unit sales price of $5, and a variable cost per unit of $3. What is its operating breakeven point

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