Determine the flexible budget variance

Assignment Help Financial Accounting

Reference no: EM13775561

Austen Educational Services had budgeted its training service charge at $78 per hour. The company planned to provide 28,000 hours of training services during 2015. By lowering the service charge to $64 per hour, the company was able to increase the actual number of hours to 29,400.

1. Determine the sales volume variance

2. Determine the flexible budget variance.

Reference no: EM13775561

Questions Cloud

Determine the materials budget : Magnolia, Inc. manufactures bedding sets. The budgeted production is for 20,400 comforters in 2012. Each comforter requires 7 yards of material. The estimated January 1, 2012, beginning inventory is 4,640 yards. The desired ending balance is 5,200 ya..

What are cash collections from sales on account : Wright Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $232,963, $303,655, and $416,522, respectively, for September, October, and November. What are the cash collections ..

Largest dollar effect on the net present value : Which of the following will have the largest dollar effect on the net present value of a 10 year investment project?

What is maximum write-off for this purchase : On February 21, 2014. Joe purchased new farm equipment for $60,000. Joe has made an election to not have the uniform capitalization rules apply to his farming business. He does not take additional first-year depreciation (if available). If Joe elects..

Determine the flexible budget variance : Austen Educational Services had budgeted its training service charge at $78 per hour. The company planned to provide 28,000 hours of training services during 2015. By lowering the service charge to $64 per hour, the company was able to increase the a..

Data regarding the stores operations follow : Dilom Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow: Sales are budgeted at $260,000 for November, $230,000 for December, and $210,000 for January. Collections are expected to be 55% in the mont..

Prepare the journal entries on the lessees books to reflect : The following facts pertain to a non cancelable lease agreement between L Leasing Company and G Company, a lessee. Discuss the nature of this lease to G Company. Discuss the nature of this lease to L Company. Prepare the journal entries on the lessee..

Complete a thorough analysis and provide an opinion regardin : Organizational Design: Identify two medium to large-sized cities' law enforcement agencies within the United States. Write a three to five page paper comparing two organizational design structures relating to the law enforcement organizations. Comple..

User Account

All Pages