Elibert company accumulates the following summary data

Reference no: EM131068571

Elibert Company accumulates the following summary data for the year ending December 31, 2014 for its water Division, which it opertes as a profit center: sales-$2,077,400 budget, $2,184,900 actual: variable costs -$1,010,100 budget, $1,048,750 actual; and controllable fixed costs -$297,400 budget, $302,180 actual, Prepare a responsibility report for the Water Division.

Reference no: EM131068571

Questions Cloud

Uses the percentage-of-completion method : 29. Assume that Gomez uses the percentage-of-completion method of accounting. The portion of the total gross profit to be recognized as income in 2010 is

What is the required return : Ayden, Inc has an issue of preferred stock outstanding that pays a dividend of $5.95 every year, in perpetuity. this issue currently sells for $94 per share. What is the required return.

Occupational mobility and movement : Factor mobility means the ease with which a factor can be moved from one form or area of employment to another. There are two aspects to mobility. Movement from one employment to another is called occupational mobility and movement from one plac..

Balance sheets of the commonwealth bank : Now suppose that whoever took out the loan in (b) writes a cheque for this amount and the person receiving the cheque deposits it in a branch of the Westpac bank. Show the effect of these transactions on the balance sheets of the Commonwealth Bank..

Elibert company accumulates the following summary data : Elibert Company accumulates the following summary data for the year ending December 31, 2014 for its water Division, which it opertes as a profit center:

Empirical data and economic history : Use some economic science, empirical data and economic history to better help Sebastian understand the veracity of this Facebook message.

Stimulating the economy and creating full employment : If the government reduced spending on everything, except military spending, the deficit would be reduced stimulating the economy and creating full employment. How is this true?

Functions from the economic growth model : Use production functions from the economic growth model to explain why the United States of America grew at a much faster rate than the Soviet Union in the latter half of the 20th century.

Independent appraisal estimated the fair values of the land : Samtech Manufacturing puchased land building for $4 million. In addition to the purchase price, Samtech made made the following expenditures in connection with the purchase of the land and building:

User Account

All Pages