Find the spending variance for supplies cost

Assignment Help Finance Basics
Reference no: EM132082459

Question: Tysor Framing's cost formula for its supplies cost is $2,610 per month plus $17 per frame. For the month of July, the company planned for activity of 710 frames, but the actual level of activity was 712 frames. The actual supplies cost for the month was $14,540. The spending variance for supplies cost in July would be closest to?

Reference no: EM132082459

Questions Cloud

What is unemployment insurance : What is unemployment insurance? Is an organization required to pay unemployment benefits to all dismissed employees?
How fast would this insect be moving : A bat (at rest) uses high frequency sound waves to "see." Assume the sound waves have frequency of 40,000Hz and move with a speed of 343m/s in air.
Clicks of sound for communication and echolocation : Dolphins emit clicks of sound for communication and echolocation. A marine biologist is monitoring a dolphin swimming in seawater where the speed of sound
Percentage of the speed of sound : The bird-watcher, however, hears a frequency of 1130 Hz. What is the speed of the bird, expressed as a percentage of the speed of sound?
Find the spending variance for supplies cost : Tysor Framing's cost formula for its supplies cost is $2,610 per month plus $17 per frame. For the month of July, the company planned for activity.
Contrast the trade offs involved when organization : Contrast the tradeoffs involved when an organization decides it is going to restructure.
Incident on the eardrum : An eardrum has an area of 3.33 x 10-4 m2. How much sound energy is incident on the eardrum during this time?
Sounds equal in intensity : Where on the x axis are the two sounds equal in intensity? Note that there are two answers.
What activity-based-management is : Understand what ABC is, why it is used, and how it differs from the traditional volume-based cost systems. Know what TQM and the four types of quality costs are

Reviews

Write a Review

Finance Basics Questions & Answers

  Which one would be less risky

With regards to risk, how would you explain the differences of the following three companies:

  Research to develop a new computer game

KADS, Inc., has spent $330,000 on research to develop a new computer game.

  Recommendation without an additional piece of information

Suppose your manager presents you with the following information about machines that could be used for a job, and wants your recommendation on which one to choose. The specification width is .48 mm. In this instance, you can narrow the set of choi..

  What is the advantage of using the normal probability

What is the advantage of using the normal probability distribution to approximate the binomial probabilities? Use part

  What is the cost of equity after recapitalization

O'Connell & Co. expects its EBIT to be $95,000 every year forever. The firm can borrow at 8 percent. O'Connell currently has no debt, and its cost of equity is 13 percent and the tax rate is 35 percent. The company borrows $133,000 and uses the pr..

  Define the personal fitness expenses

In 2000, Oracle chairman Lawrence J. Ellison received $8,360 from the company for "personal fitness expenses." According to the Haig-Simons definition.

  Determining a location for a men clothing store

1. In determining a location for a men's clothing store, what kinds of secondary data should be available for each proposed location?

  Which is the best measure of risk for a single asset held

Which is the best measure of risk for a single asset held in isolation

  Explain how accounting concepts and standards and the

explain how accounting concepts and standards and the financial statements based on them are subject to the pervasive

  Decision on whether a project is accepted or rejected

Decision on whether a project is accepted or rejected using NPV and IRR and What is the internal rate of return

  Computation of expected rate of return

Stocks x and Stock y have the following probabiltiy distributionsof expected future returns: Compute the expected rate of return and standard devaiation of expected returns

  Evaluate her 2012 financial performance

During the year, Ms. Chen paid interest of $15,000 on the $120,000 borrowed to start the business. She paid an average tax rate of 30% during 2012. Prepare an income statement for Cathy Chen, CPA, for the year ended December 31, 2012. Evaluate her 20..

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