User Account

All Pages

Determine the sales volume variance

Assignment Help Accounting Basics
Reference no: EM133091972

Question - A company's master budget for October is to manufacture and sell 30,000 units, for a total sales revenue of $270,000, total variable costs of $180,000, and total fixed costs of $24,000. The company actually manufactured and sold 32,000 units, and generated $45,000 of operating income in October.

Required - Determine the sales volume variance, in terms of operating income, for October?

Reference no: EM133091972

Questions Cloud

What is a dissertation : What will it be like for you to write a dissertation? What excites you about the process? What challenges do you expect to encounter?
Explain the major components of a programming language : Explain the major components of a programming language of your choice and Compare the strengths and limitations of modern computer programming languages
Major business opportunities in the region : Given that oil resources of MENA are expected to become exhausted in the coming decades what are the major business opportunities in the region?
Prepare a report on business ethical decision : Prepare a report on business ethical decision in veterinary practice by utilizing your findings
Determine the sales volume variance : A company's master budget for October is to manufacture and sell 30,000 units, Determine the sales volume variance, in terms of operating income, for October
Create an overarching report considering the data breach : You start your presentation by summarising the typical business decisions made by AXION Airways and Provide an assessment of the internal and external sources
Prepare an adjusting entry to recognize bad debts for dubai : Prepare an adjusting entry to recognize bad debts for Dubai Incorporated for each of the following assumptions: Bad debts estimated to be 1.5% of credit sales
Transformational and transactional leadership : Business Leadership Practice Question: What is the difference between transformational and transactional leadership?
Understanding of the issues : The artist, Shepard Fairey, created President Obama's "Hope" poster and was consequently sued for copyright infringement. He lost. Do some research and discuss

Reviews

Write a Review

Accounting Basics Questions & Answers

  Differences between horizontal and vertical analysis

Explain the differences between horizontal and vertical analysis of financial statements

  Pro-tech software acquired all of the outstanding stock of

pro-tech software acquired all of the outstanding stock of reliable software for 14 million. the book value of

  Receiving cash under arrangement

Brooks can borrow $500,000 by issuing 5%, 10-year bonds at a price of 96. How much will Brooks actually receive in cash under this arrangement?

  Should the new truck be purchased

Willis company is considering the replacement of a truck. the new truck costs $78,000, has a useful life of 6 years, and will have no salvage value.

  What value should be assigned to the building

You are asked to value a large building in northern New Jersey. What value should be assigned to the building?

  Describe the classical principles of organisation

Can you describe the classical principles of organisation? You should be able to draw, show the sequencing and explain the process of staffing an organisation.

  Walters company produces 15000 pounds of product a and

walters company produces 15000 pounds of product a and 30000 pounds of product b each week by incurring a joint cost of

  Discuss what auditing procedures should smithers apply

What auditing procedures should Smithers apply to satisfy herself regarding the above confirmation replies

  What is the carrying amount of the long-lived asset

On October 1, 2021, Bramble Wind Turbine Company places a new asset into service. What is the carrying amount of the long-lived asset

  What debt to equity ratio is

Balance sheet reported total assets of $2.04 million, total liabilities of $0.73 million, and total equity of $1.31 million. Its Debt to equity ratio is

  Example of a potentially unethical accounting situation?

example of a potentially unethical accounting situation?

  Classify each of the following processes as either

Classify each of the following processes as either a revenue process, expenditure process, conversion process, or administrative process:

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