User Account

All Pages

Compute the sales volume variance and the variable cost

Assignment Help Managerial Accounting
Reference no: EM132559291

Question 1: arrange a flexible budget.

Question 1: Compute the sales volume variance and the variable cost volume variances based on a 3.comparison between the master budget and the flexible budget.

Question 3: Compute flexible budget variances by comparing the flexible budget with the actual results.

Question 4: Summarize the results of the sales volume and variable cost volume variances computations based on the comparison between the master budget and the flexible budget.

Question 5: Summarize the results of the flexible budget variances computations based on the comparison between the flexible budget and the actual results.

Question 6: Justify the favorable or unfavorable budget variances.

Question 7: Since this is a not-for-profit organization, address why anyone should be concerned with meeting the budget.

Question 8: Make recommendations for what can be done differently to stay on budget for future luncheons. Provide specific examples to support your recommendations.

Reference no: EM132559291

Questions Cloud

Which costs and revenues should be taken into consideration : Which costs and revenues should be taken into consideration while deciding on whether each of the three joint products should be sold as is
Franchising and other contractual strategies : Strategy and Organization in the International Firm and Foreign Direct Investment and Collaborative Ventures
Which type of unemployment would you suggest : Consider the individual described below. Which type of unemployment would you suggest that they most likely belong to? Explain.
How much research and development cost should be expensed : How much of the research and development cost should be expensed in 2016 and what amount should be amortised in the year ended 30 June 2019
Compute the sales volume variance and the variable cost : Compute the sales volume variance and the variable cost volume variances based on a 3.comparison between the master budget and the flexible budget.
Prevent the transmission of covd-19 : Use the concept of externalities to explain why if left to private decisions, the usage of face masks to prevent the transmission of COVD-19
Prepare flexible selling and administrative expenses budget : Prepare the Flexible Selling and Administrative Expenses Budget for 2021 with the increments of 5,000 sales units for the expected range
Impact profits for firms in that market : Explain how you think this would impact profits for firms in that market in the short run, and in the long run.
Identifying physical security threats : Identifying physical security threats and creating a contingency plan and Predicting the future of Cyber SRM and the impacts of new technologies

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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