Solution-Prepare a variance analysis report with both

Prepare a variance analysis report with both flexible-budget

Reference no: EM131799096

Question - Bach Table Company manufactures tables for schools. The 2011 operating budget is based on sales of 40,000 units at $50 per table. Operating income is anticipated to be $120,000. Budgeted variable costs are $32 per unit, while fixed costs total $600,000. Actual income for 2011 was a surprising $354,000 on actual sales of 42,000 units at $52 each. Actual variable costs were $30 per unit and fixed costs totaled $570,000.

Required: Prepare a variance analysis report with both flexible-budget and sales-volume variances.

Reference no: EM131799096

Questions Cloud

Prepare a monthly income statement for larimer industries : Prepare a monthly income statement for Larimer Industries at a sales volume of 10,000 units, using the contribution format

Relationship between internal and external equity : Discuss the basic building blocks of developing a market competitive pay system, including the relationship between internal and external equity.

Determining the pitfalls that exist for organizations : Provide a brief overview of the job evaluation process, including the importance of compensable factors. Detail the compensable factors of a position.

Calculate the cost of equity using the DCF method : Floyd Industries stock has a beta of 1.80. The company just paid a dividend of $0.65, Calculate the cost of equity using the DCF method

Prepare a variance analysis report with both flexible-budget : Bach Table Company manufactures tables for schools. Prepare a variance analysis report with both flexible-budget and sales-volume variances

Define beliefs and assumptions that drive the culture : A strong positive culture that has an underlying focus on ethical behavior has as much influence on an individual employee's and manager's behavior.

Explain the elements of the amendment : A business owner asks you to explain how the First Amendment to the US Constitution can affect their business. Please provide your explanation considering.

Determining the capacity of the process : The milling machine requires a setup time of 30 minutes to make table tops and a changeover time of 30 minutes to make table stands.

What exactly is meant by exchange rate risk : Your chief financial officer (CFO) was unable to attend the recent monthly chamber of commerce meeting. You learned from some other local CFOs that changing.

User Account

All Pages

Prepare a variance analysis report with both flexible-budget

Reference no: EM131799096

Reference no: EM131799096

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Santana rey created business solutions on october 1 2011

Adria lopez of success systems is evaluating her inventory

Abylli company does not use a database system

The captain company began operations on january 1 2014 the

Prepare journal entries for each event

What are the three basic forms of tangible investments

After the amount due on a sale of 28000 term 210 neom is

Finding the process of making decision

Find out the linear trend equation

Elliots escargots sells commercial and home snail

Find the uncollectible-account expense

Effect of the transaction on a statement of cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT