The following is monthly budgeted cost and activity

Assignment Help Accounting Basics

Reference no: EM13567957

The following is monthly budgeted cost and activity information for the four activity centers in the billing department of Oregon Power Company:

Activity Center	Variable	Fixed	Cost Driver
Account inquiry	$81,328	$168,000	3,400 labor hours
Correspondence	$9,604	$21,000	2,800 letters
Account billing	$175,000	$77,000	2,500,000 lines
Bill verification	$10,260	$78,000	19,000 accounts

In September, actual costs and activity were as follows:

Activity Center	Total Costs	Driver Amount
Account inquiry	$246,392	3,260 labor hours
Correspondence	$31,239	2,850 letters
Account billing	$250,244	2,480,000 lines
Bill verification	$87,394	19,150 accounts

Required
Compute the flexible-budget variances for the following two activity cost items (round all answers to the nearest dollar and enter favorable variances as positive numbers and unfavorable variances as negative numbers):

Account billing?
Account inquiry?

Reference no: EM13567957

Questions Cloud

In 2013 sheryl is claimed as a dependent on her parents tax : in 2013 sheryl is claimed as a dependent on her parents tax return. her parents ordinary income marginal tax rate is 35

Currently a three-month treasury bill has a yield of 5 : currently a three-month treasury bill has a yield of 5 while the yield on a ten-year treasury bond is 4.7. what is the

Suppose you want to estimate the proportion of cars that : suppose you want to estimate the proportion of cars that are sport utility vehicles suvs being driven in kansas city

If preble had purchased 170000 pounds of materials at 750 : preble company manufactures one product. its variable manufacturing overhead is applied to production based on direct

The following is monthly budgeted cost and activity : the following is monthly budgeted cost and activity information for the four activity centers in the billing department

What is the present value of perpetuity of 100 per year if : what is the present value of perpetuity of 100 per year if the appropriate discount rate is 7? if interest rates in

Additional profits after tax will amount to 18000 per year : you are a small business owner and you have the opportunity to expand your facility which will increase your production

The customer service department of grand lakes technologies : the customer service department of grand lakes technologies asked the publications department to prepare a brochure for

Capital budgeting is a big topic in financial management : capital budgeting is a big topic in financial management. what is its role in decision making as it relates to returns

User Account

All Pages