User Account

All Pages

Jackie makes and sells handmade beaded jewelry she

Assignment Help Accounting Basics
Reference no: EM13596178

Jackie makes and sells handmade beaded jewelry. She anticipates selling 100 necklaces in March and prepared the following static budget as a result:

at 100 units
sales Revenue = $3500

  • Variable costs:
  • Direct Materials 500
  • Direct Labor 800
  • Overhead 300
  • Fixed Costs 400
  • Net income $1500

During March, Jackie actually produced and sold 120 necklaces

Required: Prepare a flexible budget for the month of March.

Reference no: EM13596178

Questions Cloud

A company has inventory of 17 units at a cost of 23 each on : a company has inventory of 17 units at a cost of 23 each on june 1. on june 3 it purchased 33 units at 25 each. 22
Factory overhead cost is allocated to cases of canned goods : weld canning company has a busy season lasting six months from september through february and a slack season lasting
Machinery is purchased on july 1 of the current fiscal year : machinery is purchased on july 1 of the current fiscal year for 180000. it is expected to have a useful life of 4 years
How many phospholipid molecules with an area of 8 x 10-19 : how many phospholipid molecules with an area of 8 x 10-19 m2 are needed to make the cell membrane for a cell of 10um
Jackie makes and sells handmade beaded jewelry she : jackie makes and sells handmade beaded jewelry. she anticipates selling 100 necklaces in march and prepared the
Bereavement leave your organization is the manufacturing : your organization is the manufacturing company with employees in the following provinces ltbrgt ltbrgtbritish columbia
Ramsey automotive ltd had sales of 2000000 and net : ramsey automotive ltd. had sales of 2000000 and net operating income of 600000 last year. operating assets last year
At 25 degree celsius an aqueous solution containing 350wt : at 25 degree celsius an aqueous solution containing 35.0wt h2so4nbsphas a specific gravity of 1.2563. a quantity of the
If a tax payer sells property for cash the amount realized : if a tax payer sells property for cash the amount realized consists of the net proceeds from the sale. for each of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  A machine which has a 10 year life will cost 11000 now with

a machine which has a 10 year life will cost 11000 now with annual operating costs of 500 the first year and increasing

  How to allocate partnership income or loss

Complete the tables one for the first 3 years, by showing how to allocate partnership income or loss to the partners

  Compute the product cost a unframed print base cost of

nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspunfr

  Bracewell company reported net income of 195000 for 2014

bracewell company reported net income of 195000 for 2014. bracewell also reported depreciation expense of 40000 and a

  Dring may 1800 pounds of cheese were used to produce 3580

the standard price per pound is the price that benjis has paid for cheese for the last few months. benjis normally uses

  The sweetwater candy company would like to buy a new

the sweetwater candy company would like to buy a new machine that would automatically dip chocolates. the dipping

  Oslo company prepared the following contribution format

oslo company prepared the following contribution format income statement based on a sales volume of 1000 units the

  Garison music emporium carries a wide variety of musical

garison music emporium carries a wide variety of musical instruments sound reproduction equipment recorded music and

  Bill beck bruce beck and barb beck formed the bbb

bill beck bruce beck and barb beck formed the bbb partnership by making capital contributions of 77400 301000 and

  Evaluate the cost of the ending inventory

In its first month of operations, Quirk Company made three purchases of merchandise in the following sequence: (1) 328 units at $7, (2) 438 units at $8, and (3) 219 units at $9. Assuming there are 394 units on hand, compute the cost of the ending ..

  The following data in thousands of dollars have been taken

the following data in thousands of dollars have been taken from the accounting records ofnbsplarden corporationnbspfor

  How does lean manufacturing reduces scrap waste and

1.what is lean accounting?2.what are some advantages and disadvantags3.what are some issuess accountants face when

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