User Account

All Pages

What is the sales volume variance for operating income

Assignment Help Accounting Basics
Reference no: EM132524600

Question - James Corporation's actual operating income for the current year is $25,000. The flexible budget's operating income for actual volume achieved is $32,000, while the static budget's operating income is $35,000. What is the sales volume variance for operating income?

a. $7,000 unfavorable

b. $3,000 favorable

c. $7,000 favorable

d. $3,000 unfavorable

Reference no: EM132524600

Questions Cloud

Record each adjusting entries : The company paid $18,000 for a one year lease that commenced on 9/1/20. Record each adjusting entries and if they took to permanent account entries
What is privacy : What are the general principles for privacy protection in information systems? Describe briefly 2 threats to personal data privacy in the information age.
MA609 Business Analytics and Data Intelligence Assignment : MA609 Business Analytics and Data Intelligence Assignment Help and Solution, Melbourne Institute of Technology - Assessment Writing Service
Discuss how organization implement access control : Discuss how your organization implement Access control based on the Principles of least privilege, right and permission.Provide the suitable example.
What is the sales volume variance for operating income : James Corporation's actual operating income for the current year is $25,000. What is the sales volume variance for operating income
Evidence found by law enforcement : The appellate court decides that the trial court committed reversible error by including evidence found by law enforcement.
Compare and contrast qualitative data vs quantitative data : Discuss Quantitative Methodology. Discuss Qualitative Methodology. Compare and contrast qualitative data vs quantitative data
Compute the cash balance on november : Purchases are paid 35% in the month of purchase and 65% in the following month. The cash balance on November 1 is $13,500. Compute the cash balance on November
How much did you borrow to buy that new car : How much did you borrow to buy that new car if your monthly payment is $360, the annual interest rate is 6%, and the loan is paid off over 5 years.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd