What the spending variance for materials and supplies

Assignment Help Managerial Accounting
Reference no: EM133142891

Question - Larance Detailing's cost formula for its materials and supplies ls $2.230 per month plus $1 per vehicle For the month of November, the company planned for activity of 75 vehicles' but the actual level of activity was 25 vehicles. The actual materials and supplies for the month was $2,160. What the spending variance for materials and supplies in November?

Reference no: EM133142891

Questions Cloud

Adam benefits from having an emotional support dog : Adam, an employee of Holland College, shows you a prescription written by his Doctor that states:
Identify the human resources issues : Youssef recently graduated from university and decided to join the family business that his father founded about 20 years ago. Currently there is no official di
Can the us dollar buy more or less of the chosen currency : If the chosen currency against the U.S. dollar depreciates, can the U.S. dollar buy more or less of the chosen currency? Please explain
Calculate the net manpower the company : An automobile manufacturing organization located at Cambridge; Ontario has a strength of 1009 employees in 2022 in its Production Department.
What the spending variance for materials and supplies : The actual materials and supplies for the month was $2,160. What the spending variance for materials and supplies in November
Explain the purpose of standards : Explain the purpose of standards and how they inform your instructional decisions.
Examples of good and bad communication : How does communication flow within your organization (formal and informal? Provide some examples of good and bad communication.
What might be going on for hunter : What might be going on for Hunter? Use the Youth-At-Risk tree to support your thoughts.
Find the total amount of interest accrued by lucky : If the note has biweekly compounded interest and it is sold on March 20th, find the total amount of interest accrued by Lucky

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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