Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Sports Equipment Division of Harrington Company is operated as a profit center. Sales for the division were budgeted for 2014 at $894,650. The only variable costs budgeted for the division were cost of goods sold ($440,030) and selling and administrative ($62,070). Fixed costs were budgeted at $101,900 for cost of goods sold, $92,770 for selling and administrative, and $71,590 for noncontrollable fixed costs. Actual results for these items were:
Sales $884,480
Cost of goods sold Variable 419,330
Fixed 106,570
Selling and administrative
Variable 61,270
Fixed 73,250
Noncontrollable fixed 89,170
Collapse question part (a) Prepare a responsibility report for the Sports Equipment Division for 2014. (List variable costs before fixed costs.)
Perform and evaluate both cost and revenue differential analyses to determine which items are relevant. Report and explain your findings.
Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance.
What are the objectives of financial accounting? which of the financial statements satisfies each of these objectives? Assume that you are a technology services provider and you must decide whether to record revenue from the installation of computer ..
Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,0..
Cabigas Company manufactures two products. Product C and Product D. The company estimated it would incur $167,140 in manufacturing overhead costs during the current period. Overhead currently is applied to the products on the basis of direct labor-ho..
Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra revenues: compute net sales for the two months ended December 31, 2011.
Information is relevant in business decisions if it is a (n). In perfect competition, the profit maximizing volume is the quantity at which. The amount of actual operating income may differ from the static budget amount for operating income because
Perpetual system and the loss method with an allowance account, prepare the journal entries required at December 31, 2010 and December 31, 2011.
waterville company reported the following results from last years operationssales 10000000variable expenses
Journalize BullsEye%u2019s transactions for July 1, 2011, and July 10, 2011 and what was BullsEye's net cost of this inventory?
Prepare the journal entries for Barnes and Noble for the transactions and calculate the gross profit for Barnes and Noble - Calculate ending inventory, cost of merchandise sold and gross profit using the FIFO method.
computing the indifference level of ebit between these two alternatives.moon and chittenden are considering a new
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd