Evaluate current operating system

Assignment Help Cost Accounting
Reference no: EM131728522

Lander Corporation used the following data to evaluate their current operating system. The company sells items for $18 each and used a budgeted selling price of $18 per unit.
Actual Budgeted
Units sold 41,000 units 40,000 units
Variable costs $164,000 $156,000
Fixed costs $46,000 $48,000
What is the static-budget variance of revenues?
Question 6 options:
$6,000 favorable
$18,000 favorable
$4,000 unfavorable
$18,000 unfavorable

Reference no: EM131728522

Questions Cloud

Overall concept of stp : STP PROCESS What's the overall concept of STP? What is it? Why would an organization need to undertake this strategy? What are the benefits?
Which value of r is most likely to occur : For each of the ten possible samples listed in part (a) of Exercise, give the value of the range R = H - L, where H is the highest number and L is the lowest.
What was the impact of the near failure of bear stearns : What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markeet?
What is the corporate veil and under what circumstance : What is the corporate veil and under what circumstance can the corporate veil be pierced
Evaluate current operating system : Lander Corporation used the following data to evaluate their current operating system
Analyze reasons for implementing an organizational program : Analyze at least two reasons for implementing an organizational and personnel assessment program. Provide specific examples to support your rationale.
Compile a short literature review : Compile a short literature review, summarizing the case study's main points, which might be used in this research project.
Discuss current production and an incentive system : Explain the authors' statement: "Under an accounting system that assigns excess capacity costs to current production and an incentive system
Determine political and social factors that influenced : Determine the major political and social factors that influenced the outcomes for each. Support your rationale with specific examples of such influence.

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is the amount of expense harris must recognize

Harris Company borrowed $800,000 from Liber Bank on January 1, 2013 in order to expand its mining capabilities. The five-year note required annual payments of $208,349 and carried an annual interest rate of 8.5%. What is the amount of expense Harr..

  Case study titled revitalizing a brand located in the

case study titled revitalizing a brand located in the online course shell. use the internet or strayer databases to

  Questionacme company utilizes the weighted-average method

questionacme company utilizes the weighted-average method in to evaluate product costs and reports the following costs

  Critically explain cost accounting as

critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system

  Prepare a multiple-column cash receipts journal

Prepare a multiple-column cash receipts journal a multiple-column cash payments journal - record the transaction(s) for May that should be journalized in the cash receipts journal and cash payments journal.

  Calculate cost of goods manufactured

Calculate a unit cost for each month. You must also calculate cost of goods manufactured. Remember, there is no Work in Process inventory but you must calculate direct materials used.

  Indicate the missing amount for each letter

Incomplete manufacturing cost data for Ikerd Company for 2010 are presented as follows for four different situations.

  Which plan would you expect to provide larger future amount

Before making any calculations, which plan would you expect to provide the larger future amount Calculate the future value of each plan. Which plan provides the larger amount at the end of six years "Future Value of Annuity of $1 at 10% for 6 years..

  Humes corporation makes a range of products the companys

humes corporation makes a range of products. the companys predetermined overhead rate is 16 per direct labor-hour which

  What are the factors that are causing many companies

What are the factors that are causing many companies to refine their costing systems to obtain more accurate measures of the costs of their products?

  Acme manufacturing company of portland oregon has a

acme manufacturing company of portland oregon has a research amp development department that currently provides

  Compute the unit product cost in each year

Compute the unit product cost in each year under variable costing - prepare new income statements for each year using variable costing.

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