Posson catering uses two measures of activity jobs and

Assignment Help Accounting Basics
Reference no: EM13582276

Can someone help with my accounting homework problem?

Posson Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $210 per month plus $96 per job plus $20 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in March to be 20 jobs and 162 meals, but the actual activity was 17 jobs and 164 meals. The actual cost for catering supplies in March was $4,990. The spending variance for catering supplies in March would be closest to?

Reference no: EM13582276

Questions Cloud

The charges to work in process ssembly department for a : the charges to work in process - assembly department for a period together with information concerning production are
Pacific products inc completed and transferred 55000 : pacific products inc. completed and transferred 55000 particle board units of production from the pressing department.
What are the acceptable inventory valuation methods under : what are the acceptable inventory valuation methods under the u.s. generally accepted accounting principles gaap?how
Urban outfitters case study from your mba6014 - financial : urban outfitters case study from your mba6014 - financial accounting custom text to complete the following for this
Posson catering uses two measures of activity jobs and : can someone help with my accounting homework problem?posson catering uses two measures of activity jobs and meals in
Inventory costs are rising which method fifo lifo or : inventory costs are rising which method fifo lifo or weighted average cost results in the highest net income? which
Calculate the profitability ratios that can be computed : selected data from the carmen company at year end are presented belowtotal assets 2000000average total assets
Factory labor data for reyes tool amp die is 5000 note job : 1. for a manufacturing company which of the following is an example of a period cost rather than a product
Having in mind the companys relationship between : having in mind the companys relationship between receivables and cash the influence of liquidity and solvency and they

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why is an accounts receivable aging process important in a

why is an accounts receivable aging process important in a health care organization? what occurs if organizations do

  Bonus now or bonus deferment in 10 years

Under the terms of his salary agreement, president Juan Rivera has an option of receiving either an immediate bonus of $40,000, or a deferred bonus of $75,000 payable in 10 years.

  Prepare journal entries on the books of fred couples

entries for asset acquisition including self-constructionbelow are transactions related to fred couples company.a the

  Great corporation has the following situation debt one

great corporation has the following situation. debt one thousand bonds were issued five years ago at a coupon rate of

  Break even point

Break Even Point

  Discuss the modigliani and miller propositions

Select 2 companies in the same industry. Using the Internet, conduct research to find the companies' current balance sheets, explain their capital structure, and calculate their EPS.

  Prepare the journal entries for the current month do not

the following events occurred during the first month of operations for xyz ltd. a company specialised in providing

  What are the primary documents supporting a job

What are the primary documents supporting a job order costing system and what purposes are served by each of them and how does information from a job order costing system support management decision making?

  Management of modugno corporation is considering whether to

management of modugno corporation is considering whether to purchase a new model 370 machine costing 464000 or a new

  Sixx am manufacturing has a target debtequity ratio of 035

sixx am manufacturing has a target debt?equity ratio of 0.35. its cost of equity is 14 percent and its cost of debt is

  Assume that increasing the advertising budget by 20000 will

dutson company manufactures running shoes and tennis shoes. the projected income statments for the two products are as

  Describe what types of internal controls will be designed

Describe how the Internet/intranet/e-commerce will be integrated into the business, as well as the benefits that these technologies would bring to the business.

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