User Account

All Pages

Prepare a performance report for nashler company

Assignment Help Financial Accounting
Reference no: EM131098763

Nashler Company has the following budgeted variable costs per unit produced:

Direct Materials

$7.20

Direct Labor

1.54

Variable overhead:

Suplies

0.23

Maintenance

0.19

Power

0.18

Budgeted fixed overhead costs per month include supervision of $98,000, depreciation of $76,000, and other overhead of $245,000.
In March, Nashler Company produced 163,200 units and had the following actual costs:

Direct Materials

$1,170,000

Direct Labor

258,000

Suplies

38,100

Maintenance

30,960

Power

29,300

Supervision

99,450

Depervision

76,000

Other overhead

244,300

1. Prepare a performance report for Nashler Company comparing actual costs with the flexible budget for actual units produced. Type the letter "F" in the last column of the table to indicate a favorable variance. Type the letter "U" to indicate an unfavorable variance. If there is no variance, enter "0" for the amount and leave the last column blank.

Nashler Company Performance Report

 

Actual Cost

Flexible Budget Cost

Variance and Type ("F" or "U")

Direct materials

$

$

$

Direct labor




Supplies




Maintenance




Power




Supervision




Depreciation




Other overhead


 


Reference no: EM131098763

Questions Cloud

What is the rest mass of the resultant particle : What is the rest mass of the resultant particle?
Determining the splitting field for some polynomial : Suppose that F is a field of characteristic 0 and E is the splitting field for some polynomial over F. If Gal(E/F ) is isomorphic to D6, prove that there are exactly three fields L such that E subset L subset F and [E:L] 5 6.
Total amount she needed for the car : Anna saved $10,780, which was 70% of the amount she needed for a used car. What was the total amount she needed for the car? What was the total amount she needed for the car?
Distance between city a and city b : The distance between City A and City B is 500 miles. On a certain wall map, this is represented by a length of 1.8 feet. On the map, how many feet would there be between City C and City D, two cities that are actually 700 miles apart?
Prepare a performance report for nashler company : Prepare a performance report for Nashler Company comparing actual costs with the flexible budget for actual units produced. Type the letter "F" in the last column of the table to indicate a favorable variance.
Computing the number of different ways : Find the number of different ways to draw a 4-of-a-kind hand from a standard 52 card deck, i.e. X X X X Y where the X's are four cards of the same rank (A to 2) and Y differs from X in rank. (Note: there are 4 suits per rank.) Let's think this th..
Will the public discourse reflect possible legal outcomes : Make suggestions on how to alleviate any damages to your selected company's public perception going forward. Will action(s) related to the other party be appropriate?
Harmonic generation with focused gaussian beams : Harmonic generation with focused gaussian beams. Develop and elucidate a conceptual understanding of why the intensity of the generated harmonic signal vanishes whenever the phase mismatch factor ?kL is negative or zero. (See Fig. 2.10.2.)
Equation that represents relation : The amount of money they spend on the first day plus the amount of money they spend on the second day equals 2.3 times the amount they spent on the third day. Write an equation that represents this relation, and solve.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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