What is the total revenue variance

Assignment Help Financial Accounting
Reference no: EM132837391

Question - Jackson Division operates as a revenue center. Data for this year are as follows:

Actual Budget

Sales in Units 22.000 20.000

Selling price per unit 190 200

Variable expense per unit 140

What is the total revenue variance?

a. $220,000 [U]

b. $400,000 [F]

c. $180,000 [F]

d. $220,000 [U]

Reference no: EM132837391

Questions Cloud

How many chairs should Cecil produce in December : Cecil Chair expects to sell the chairs for $100 each. January sales for Year 2 are projected at 16,000 chairs. How many chairs should Cecil produce in December
What is the scenario-made decision : Make up a decision and consider that it is made by an individual in a organization, but it would be more effective if its made by a group of people in context o
Does joe realize a gain or loss and if so how much is : A piece of jewelry worth $12,000 and the buyer assumes Joe's $3,000 mortgage on the land. Does Joe realize a gain or loss and if so, how much is it?
How both descriptive and inferential statistics are utilized : After watching the video (Statistics Intro in Module 8), discuss how both Descriptive and Inferential Statistics are utilized in quantitative research.
What is the total revenue variance : Jackson Division operates as a revenue center. Data for this year are as follows: Variable expense per unit 140. What is the total revenue variance
How much cash each must have in order to enter transaction : How much cash each must have in order to enter this transaction. Suppose that each of them has exactly the required amount of cash
Discuss two types of human resources staffing policies : Discuss two types of human resources staffing policies in international business. Please provide relevant examples to support the discussion.
What can be said about current and future ethical conflicts : It seems that our society has a great inclination to solve ethical problems through the legal system. What can be said about current and future ethical.
What amount per hour can Brandi deduct for wages paid : The third staff member, Whiski, is Brandi's sister and earns $17 per hour. What amount per hour can Brandi deduct for wages paid to Whiski

Reviews

Write a Review

Financial Accounting Questions & Answers

  What uml income tax payable would be

UML had an unused $100,000 net operating loss carryforward from 2020 when the tax rate was 25%. UML's income tax payable for 2021 would be

  How many baby shoes must jeankelly sell to break

If Jeankelly company sells 13 000 pairs of baby shoes, what is the operating income? How many baby shoes must Jeankelly sell to break?

  What are financial goals in both short term and long term

What are your financial goals, both short term and long term? What risks do you expect to face as you build your net worth and how would you address them?

  Calculate the initial investment for the new project

AC4201 Assignment - The project is to be evaluated, in D$, at a discount rate of 12% over a five year period. Calculate initial investment for the new project

  Norma smith is the controller of baylor corporation and is

norma smith is the controller of baylor corporation and is responsible for the preparation of the year-end financial

  Illustrate what is the journal entry at the end of current

At the end of the current fiscal year, the raw material to be purchased under this contract had a market value of $2.2 million. Illustrate what is the journal entry at the end of the current fiscal year?

  Why is accounting important to the business world

What are Generally Accepted Accounting Principles( GAAP) What are the three steps in transaction analysis to determine the Debit and Credit rules of a financial

  Journal entry on partners books for the acquisition

Purpose the journal entry on Partner's books for the acquisition of Sizemic Corporation's net assets.

  Prepare the journal entry to record the issuance of bond

Cupola Fan Corporation issued 10%, $400,000, 10-year bonds for $385,000 on June 30, 2016. Debt issue costs were $1,500. Interest is paid semiannually on December 31 and June 30. Prepare the journal entry to record the issuance of the bonds. Prepare t..

  Compute the value of this bond

Consider a 10-year, semi-annual interests, $1,000 face value bond. Its annual coupon rate is 6%, Compute the (present) value of this bond

  What is present value of tax savings related to operating

Assume a tax rate of 40 percent and that current losses can be used to offset taxable income in future years. What is present value of tax savings related to the operating losses in years 1 and 2?

  Hoe to estimate the country risk premium

You are trying to estimate a country equity risk premium, Estimate the country risk premium, using the default spread on the country bond as the proxy.

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