Solution-Prepare a report showing the spending variances

Prepare a report showing the spending variances for april

Assignment Help Managerial Accounting

Reference no: EM13962670

You have just been hired by SecuriDoor Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and do what you can to help us get better control of our manufacturing overhead costs. You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for April:

1784_260-B-M-A-F-B (377).png

During April, the company worked 18,000 machine-hours and produced 12,000 units. The company had originally planned to work 20,000 machine-hours during April.

Required:

1. Prepare a report showing the activity variances for April. Explain what these variances mean.
2. Prepare a report showing the spending variances for April. Explain what these variances mean.

Reference no: EM13962670

Questions Cloud

Suppose also that restaurant food for the weekend : Consider your decision whether to go skiing for the weekend. Suppose transportation, lift tickets, and accommodation for the weekend cost $300. Suppose also that restaurant food for the weekend will cost $75. Finally, suppose you have a weekend job t..

Which of these media has the highest bandwidth : Identify the difference between analog and digital signals. Provide an example of a digital signal and an analog signal. Which type are you more likely to encounter? Why?

May be entitled to workers compensation benefits : Suckup’s employer asks him to pick up his dry cleaning on his lunch break. It’s not part of the job, but Suckup feels obligated to do so, and he does so often. If injured during the trip, Suckup. may be entitled to workers compensation benefits, sinc..

Rise of the west : 1.What best explains the “Rise of the West” that is, the economic, political and military ascendancy of Western Europe and its offshoots (United States etc) in the world economy after 1800? Discuss.

Prepare a report showing the spending variances for april : Prepare a report showing the spending variances for April. Explain what these variances mean.

Workers compensations statutes : provide benefits to employees injured in the course and scope of their work, unless the employee was at fault. provide benefits to employees injured in the course and scope of their work, regardless of whether the employee was at fault, and remove th..

Parent company used the fifo method of inventory valuation : Parent company used the FIFO method of inventory valuation. Using the complete equity method, what are the journal entries and workpaper entries for 2016.

Unique problems in international marketing : Perhaps advertising is the side of international marketing with the greatest similarities from country to country throughout the world. Paradoxically, despite its many similarities, it may also be credited with the greatest number of unique problems ..

Formulate an integer programming problem to maximize profits : A manufacturer can sell product 1 at a profit of $2/unit and product 2 at a profit of $5/unit. Three units of raw material are needed to manufacture 1 unit of product 1, and 6 units of raw material are needed to manufacture 1 unit of product 2. A tot..

User Account

All Pages

Prepare a report showing the spending variances for april

Reference no: EM13962670

Reference no: EM13962670

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT