User Account

All Pages

Indicate whether price variance is favorable or unfavorable

Assignment Help Financial Accounting
Reference no: EM132954522

Price, Quantity, and Volume Variances

Your operating room (OR) expects to have an unusually high number of operations for kidney transplants this year. You decide to hire extra part-time nurses to help out. You plan to pay $18,750 for these nurses. You expect to pay these nurses for 750 hours, and you are expecting 150 operations. You actually paid an average of $27 per hour for 680 hours. There actually were 135 operations.

Problem 1: Calculate the price, quantity, and volume variances. Indicate whether each is favorable or unfavorable.

Problem 3: Explain whether you think the variances are good or bad for the OR.

Reference no: EM132954522

Questions Cloud

Assess the changes in the understanding of gender : Assess the changes in the understanding of gender in the past decades and relate to them to changes in family and economy
What are the country top five exports and imports : You will be looking at different economic indicators from another country. To find data for the country you select, use World Fact Book or Trading Economics bec
What must be the balance in the account to permit withdrawal : What must be the balance in the account to permit the withdrawals if the first withdrawal is ?$1000?? How much interest is included in the? withdrawals?
What is the new employment level : a. What was the original employment level? What is the new employment level?
Indicate whether price variance is favorable or unfavorable : Indicate whether price variance is favorable or unfavorable. Your operating room (OR) expects to have an unusually high number of operations for kidney
Compare and contrast the four types of economic analysis : Compare and contrast the four types of economic analysis as they relate to health economics.
What would company do if net income is less than financing : According to the residual dividend model, what would a company do if its net income is less than its financing needs for planned projects?
Make a memo for the committee identifying any issues : You are a consultant for Securitor Inc. (SI)., Prepare a memo for the committee identifying any issues they should consider in implementing this change.
What is the company net operating profit after tax : What is the company's net operating profit after tax? What is Lillo's Inc. net income or a net loss? What is the company's operating cash flow?

Reviews

Write a Review

Financial Accounting Questions & Answers

  S a harrington company is a us-based company that prepares

s. a. harrington company is a u.s.-based company that prepares its consoli- dated financial statements in accordance

  Which salesperson who just started selling in new territory

Which a salesperson who just started selling in a new territory and needed to build business quickly should? Try to get more business from existing customers

  How many years are there until the bond matures

The bond pays annual coupons with a coupon rate of 9% and the next coupon is due in one year. How many years are there until the bond matures

  What is the npv break-even level of diamonds sold per year

What is the NPV break-even level of diamonds sold per year assuming a tax rate of 21%, a 10-year project life, and a discount rate of 10%?

  How much income culver should recognize in january

It costs TeleExpress $2,740 to provide the telephone service on the cards sold by Culver. Indicate how much income Culver should recognize in January, February

  A liquidator or off-price store

A liquidator or off-price store

  Compute the total, price, and quantity labor variances

During August, the company incurs 2,100 hours of direct labor at an hourly cost of $10.80 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances.

  Solve the payback period for each project

Summarize the preferences dictated by each measure, and indicate which project you would recommend. Explain why.Calculate the payback period for each project.

  What amount recognized as loss resulting from the repayment

Therefore had to repay fully such grant to the government. What amount should be recognized as loss resulting from the repayment of the grant in 2022?

  What is zno tax rate on the dividend income

How much tax will ZNO pay on the dividend it receives from JBD? What is ZNO's tax rate on the dividend income (after considering the DRD)

  What tax rates are applicable to these capital gains

In the current year, Jeanette, an individual in the 25% marginal tax bracket, recognized a $20,000 long term capital gain. Also in the current year, Parrot Corporation, a C corporation in the 25% marginal tax bracket, recognized a $20,000 long term c..

  Find What is the default premium

Find What is the default premium? a Treasury bond with a twenty-year maturity and a current interest rate of 5.75%;three investment opportunities

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