What is the dollar amount for sales revenue in the flexible

Assignment Help Financial Accounting
Reference no: EM132769250

Problem 1: The static budget for our company shows a sales volume of 2,000 units and a sales price of $60 per unit. Actual sales for the year totaled 2,100 units, and the actual sales price was $58 per unit. What is the dollar amount for sales revenue in the flexible budget column of the Flexible Budget Performance Report?

a. $126,000

b. $124,200

c. $121,800

d. $120,000

Reference no: EM132769250

Questions Cloud

Differentiate the concepts of performance management : Discuss at least three types or methods of training that can be used for employee training. Of the three, which would you select to train the retail employees
How many keys are used in triple encryption : List and briefly define the block cipher modes of operation. Why do some block cipher modes of operation only use encryption while others use both encryption.
What is the flexible budget variance for operating income : The static budget for operating income was $96,000. What is the flexible budget variance for operating income on the Flexible Budget Performance Report?
How your organization uses the maturity model : Examine and share how your organization uses the maturity model and Describe your level of understanding of statistics and areas where you need to improve
What is the dollar amount for sales revenue in the flexible : The actual sales price was $58 per unit. What is the dollar amount for sales revenue in the flexible budget column of the Flexible Budget Performance Report?
Explain how each long-term objective is flexible : Explain how each long-term objective is flexible, measurable over time, motivating, suitable, and understandable
How could you use this information in your work life : How could you use this information in your work life? Explain and discuss. If your answer is that the information cannot be used, explain and discuss why
What is the budgeted amount for contribution margin : Our company manufactures bird feeders. The budgeted sales price is $30 per unit, What is the budgeted amount for contribution margin for 5,000 bird feeders?
What are the authors'' theoretical assumptions : What are the authors' theoretical assumptions and What are the major similarities and differences in the authors' views?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Applying differential analysis to the situation

Which of the following statements is true when making a decision between two alternatives - costs incurred prior to the split-off point

  How much was baltimores net income

Baltimore Company experienced an increase in total assets of $12,500 during the current year. During the same time period, total liabilities increased $9,100.

  Find What percentage would be shown for gross margin

Cost of goods sold $365,000. On a vertical? analysis, what percentage would be shown for gross? margin? Round to one decimal place.

  Calculate the interest amounts

Prepared an adjusting entry. record the accrued interest on the Lee note -

  Find what should the bonds sell for in market today

What should the bonds sell for in market today. The firm was reorganized as American Hospitals, Inc., and the court permitted a new indenture on an outstanding

  Determine what is the amount of the gross profit

During the current year, merchandise is sold for $160,900 cash and $417,800 on account. The cost of the goods sold is $399,300. What is the amount of the gross

  Calculate the insurable hours that will be reported

8 hours overtime each week for the last 6 weeks. Calculate the insurable hours that will be reported in Block 15A of the Record of Employment.

  Globalization of business activity

Improve the process used to produce, sell, deliver and service the customer. Use less menu-based pricing that allows customers to select features and services it wishes to pay

  Financial benefit from company successful goal achievement

Non-profit’s board does not receive any direct benefit from the success of its business. In for-profit companies the stakeholders receive some financial benefit from the company’s successful goal achievement. What does everyone think about this state..

  Show definition of finance and efficient market

Show Definition of Finance and Efficient Market and identification of their role in finance.

  Compute the value of an eight-year zero-coupon bond

Compute the value of an 8-year zero-coupon bond with maturity value of $120 discounted at an 8% interest rate. The rationale is that the pricing

  High-low method-scattergraph

Cubicle Solutions sells productivity software such as word processors, spreadsheets, and personal information managers. Cubicle prides itself on customer support and maintains a large call center where customers can call in with technical question..

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