Evaluate current operating system

Assignment Help Cost Accounting
Reference no: EM131912802

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: EM131912802

Questions Cloud

What is the corporate veil : It is called lifting of corporate veil. what is the corporate veil and under what circumstance can the corporate veil be pierced
Distinction between statistical and practical significance : 1. Every user of statistics should understand the distinction between statistical significance and practical (or clinical) significance.
Determine the purpose of your presentation : Pick a professional or career topic that is of personal interest to you (e.g., becoming a manager, criminal justice careers, programming, interview tips.
Prepare a cash budget for the month of september and october : Prepare separate schedules for expected collections from customers. Prepare a cash budget for the months of September and October.
Evaluate current operating system : Lander Corporation used the data to evaluate their current operating system. The company sells items for $18 each and used a budgeted selling price
Compute the proportion in the optimal risky portfolio : Calculate expected excess returns, alpha values, and residual variances for these stocks. (Negative values should be indicated by a minus sign.
A bank account has an infinite number of compounding periods : You have calculated the present value of a lump sum to be received in ‘ n ' years using a discount rate of r assuming annual compounding periods.
Discuss different depreciation methods for plant assets : In this Chapter, you will learn three different depreciation methods for plant assets: Units-of-production method.
Review the article - idle capacity costs : Review the article Idle Capacity Costs: It Isnt Just the Expense - Under an accounting system that assigns excess capacity costs to current production

Reviews

Write a Review

Cost Accounting Questions & Answers

  What are the three types of management decisions

1.  What are the three types of management decisions?  2.  Which type of management decision involves the cost volume profit analysis?  3.  What type(s) of cost are included under conversion cost and prime cost?

  Q1-balanced scorecard measures low-total-cost value

q1-balanced scorecard measures low-total-cost value proposition check an organization with the low-total-cost value

  How would this be reported on the statement of cash flows

In a recent annual report, eBay Inc. reported that during the year it issued stock of $128 million for acquisitions. How would this be reported on the statement of cash flows?

  Compensation expense related to the stock option plan

What is compensation expense related to the stock option plan in fiscal 2008

  Create warren clinics balance sheet

The following are selected account balances for Warren Clinic December 31, 2015, in alphabetical order.

  How can voorhees company accomplish the given objective

The current market price for a computer hard drive is $45. Voorhees would like a profit of $15 per drive. How can Voorhees Company accomplish this objective?

  Which ratio appears on a common-size balance sheet

Grandma's Applesauce, Inc. has a 0.60 probability of a good year with operating cash flow of $50,000; and 0.40 probability of a bad year with operating cash flow of $30,000. The company has a debt of $35,000 with 8 percent interest due next year.

  Which inventory method- show the highest net income

Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. In an inflationary period, which inventory method-FIFO, LIFO, average cost-will show the highest net income?

  Find costs of ordering for each of the annual orders

Prepare a table like Exhibit 7.14. Find the costs of ordering and carrying inventory for each of the following number of annual orders: 40 orders, 50 orders, 60 orders.

  The air force ignored marketing costs

Alameda Instruments (AI) has offered to supply the Air Force with computer monitors at cost plus 20 percent.

  Find what is the net present value of investment

Find what is the net present value of this investment and evaluate the internal rate of return?

  Canned fruits and vegetables are the main products made by

canned fruits and vegetables are the main products made by yummy food inc. all direct materials are added at the

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