Is the above variance report useful for evaluating

Assignment Help Managerial Accounting
Reference no: EM13962866

The Exterminator Inc. provides on-site residential pest extermination services. The company has several mobile teams who are dispatched from a central location in company-owned trucks. The company uses the number of jobs to measure activity. At the beginning of May, the company budgeted for 200 jobs, but the actual number of jobs turned out to be 208. A report comparing the budgeted revenues and costs to the actual revenues and costs appears below:

1819_260-B-M-A-F-B (363).png

Required: 

Is the above variance report useful for evaluating how well revenues and costs were controlled during May? Why or why not? 

Reference no: EM13962866

Questions Cloud

Prepare the company planning budget for august : The company's planning budget for August is based on 58 cruises and 3,200 passengers.
Determine the floor space : Formulate a linear programming model that can be used to determine the floor space that should be devoted to each department in order to maximize profit contribution.
Calculate the work done needed to move a 1.5 micro c test : In the figure, find the magnitude and direction of the electric field at the points A, B, C and D.
Management scientist software : Formulate a linear programming model that can be used to determine the daily production schedule. Determine the optimal production schedule using the Management Scientist software.
Is the above variance report useful for evaluating : Is the above variance report useful for evaluating how well revenues and costs were controlled during May? Why or why not?
Determine the new optimal solution : Assume the overall utility of the current favorite cereal for children 1-4 is 70, and the overall utility of the current favorite cereal for children 5-7 is 80. Modify the linear programming model used to determine the product design that will max..
What is the electric field magnitude for points r>r : What is the total charge inside a shpere of radius 1 and center in the origin.
How a change in each sphere will affect : Explain, with examples, how a change in each sphere will affect each of the other three spheres.  Need 200 words
Represent the schedule possibilities : Theater policy requires that once a movie is started it must be shown in consecutive weeks. It can not be stopped and restarted again. To represent the schedule possibilities for each movie, the following decision variables were developed:

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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