Sissac catering uses two evaluates of activity jobs and

Assignment Help Accounting Basics
Reference no: EM13454323

Sissac 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 $520 per month plus $101 per job plus $32 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 May to be 22 jobs and 132 meals, but the actual activity was 16 jobs and 139 meals. The actual cost for catering supplies in May was $6,350. The spending variance for catering supplies in May would be closest to:

  • $616 F
  • $616 U
  • $234 F
  • $234 U

Reference no: EM13454323

Questions Cloud

Determine the expected income and standard deviation of : suppose that jake considers two alternative investment plans of 1000 for one-year. investment a is a no-risk plan
Cadavieco detailings cost formula for its materials and : cadavieco detailings cost formula for its materials and supplies is 2030 per month plus 8 per vehicle. for the month of
Lists seven major impediments to achieving sustainability : lists seven major impediments to achieving sustainability. which of these do you think is the most significant? why?
Give an overview of the disease process comprised in : in this case assignment you will explore one pathophysiological process that is related to the muscular system.
Sissac catering uses two evaluates of activity jobs and : sissac catering uses two measures of activity jobs and meals in the cost formulas in its budgets and performance
Summarize the framework involved concerning sustainability : summarize the framework involved concerning sustainability. provide an example of a third world country that
Explain the normal anatomy or physiology of the nervous : for this case assignment you will select and explore a disease that is related to the central nervous system. after you
Given gasoline production function of qg 72mg - 15 mg2 : firms often face the problem of allocating an input in fixed supply among different products. find the optimal crude
The actual cost for the plane operating costs in april was : thomasson air uses two measures of activity flights and passengers in the cost formulas in its budgets and performance

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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