What the spending variance for materials and supplies

Assignment Help Accounting Basics
Reference no: EM133065689

Question - Courington Detailing's cost formula for its materials and supplies is $2,420 per month plus $9 per vehicle. For the month of August, the company planned for activity of 63 vehicles, but the actual level of activity was 33 vehicles. The actual materials and supplies for the month was $2,840. What the spending variance for materials and supplies in August?

Reference no: EM133065689

Questions Cloud

Communicate regarding module experiences : Summative report of the main points of focus you wish to communicate regarding the module experiences you just encountered.
Major influence on east asian success : What evidence is there that industrial policies were a major influence on East Asian success?
Supply chain tools help company collect data : What types of supply chain tools help a company collect data? How does contract bidding improve a company's financial outcome?
Understand diversity in global business : Share your nationality and cultural background and what you think business managers need to know when managing someone with your background?
What the spending variance for materials and supplies : The actual materials and supplies for the month was $2,840. What the spending variance for materials and supplies in August
Calculate real and nominal gdp in 2012 and 2013 : If 4 apples were produced in 2012 and 5 in 2013, whereas 3 oranges were produced in 2012 and 4 in 2013: (50p) Base year is 2012
Explain the unadjusted and the adjusted monthly data : Only keep the dates beginning in January 2004, so delete the earlier observations, and use the data through September 2021. Keep only the US data, both the seas
What the net operating income for the year : The following data have been taken from the accounting records of an actual corporation for the year that just ended: What the net operating income for the year
"shadowing a leader" : Each student was responsible for developing set of interviews or dialogue points to provide for leader prior to their virtual meeting or phone conversation

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.

  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!

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