What is their price variance

Assignment Help Managerial Accounting
Reference no: EM133032417

Question - XYZ Company budgeted to use 4,000 components at $3 each. When you take a look at their actual usage, you notice that they used 5,000 components at a cost of $2.75 each. What is their price variance?

Reference no: EM133032417

Questions Cloud

Constitutional law - case review project : Read each scenario on the ensuing pages and relate each situation to a U.S. Supreme Court judicial decision.
Rise of genghis khan and the changes in europe : Look at possible connections between the rise of Genghis Khan and the changes in Europe - describe the effects of the plague
Determine amount of accounts receivable company will report : The company had $280,000 in accounts receivable on July 1. Determine amount of accounts receivable company will report
Determine the amount of sales revenue Solomon will report : The company expects a 11 percent increase in sales per month for February and March. Determine the amount of sales revenue Solomon will report
What is their price variance : When you take a look at their actual usage, you notice that they used 5,000 components at a cost of $2.75 each. What is their price variance
What is the cost of common stock : If the dividends to be paid in one year from now on a common stock issue are $2.8 per. What is the cost of common stock
What is the sensitivity of the NW to changes : The tax rate is 33 percent, and the cost of capital is 10 percent. What is the sensitivity of the NW to changes in the quantity of the new clubs sold
Determine weighted average unit cost after October purchase : Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase
How many units would the company need to sell : e. How many units would the company need to sell to break even if its fixed costs increased by P7,865

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Analyze the limitations of a cvp analysis in the situation

Also, analyze the limitations of a CVP analysis in this situation and for making managerial decisions in general.

  Calculate the amount of joint cost of each production run

Costs incurred after the split-off point, calculate the amount of joint cost of each production run allocated to Compod on a physical-units basis.

  What average cost per unit and total cost would you expect

Assume next month Martin Company plans to produce 600 units of product. What average cost per unit and total cost would you expect

  Identify company that rely on managerial accounting info

Identify a specific company that would rely on managerial accounting information and why this is the case. When identifying the company

  How much will company report as total variable product cost

How much will the company report as total variable product costs on its 2014 contribution income statement?

  What amounts should be considered product costs

ABC Manufacturing Company prepays, What amounts should be considered product costs and period costs respectively for the first year of coverage?

  Using ima code of professional ethics can consider case of

During the session that focused on improving Leston's financial position. Using IMA's Code of Professional Ethics this can be considered case of

  Find what will be total net income if the line is dropped

Find What will be total net income if the line is dropped? Assume none of the fixed expenses for the hard rubber line are avoidable.

  How many machine hours does take to produce one xy

How many machine hours does it take to produce one XY-7? To produce one BD-4? (Hint: Focuson applied fixed manufacturing cost.)

  Which statements regarding abc product cost information

Which statements regarding ABC product cost information is not true? ABC can be used to isolate cost improvement opportunities.

  Estimate the amount of variable costs

Estimate the amount of variable costs. What would monthly sales in members and dollars have to be to achieve a target net income of $3,640 for the month?

  How much principal will you have to pay

How much principal will you have to pay in the second year if you take a loan requiring you to pay equal installments of $9000 at the end of each

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