User Account

All Pages

What the spending variance for supplies cost in november

Assignment Help Managerial Accounting
Reference no: EM132527400

Question 1: Pittman Framing's cost formula for its supplies cost is $1,020 per month plus $12 per frame. For the month of November, the company planned for activity of 612 frames, but the actual level of activity was 602 frames. The actual supplies cost for the month was $8,100. The spending variance for supplies cost in November would be closest to:

Multiple Choice

Option 1: $264 F

Option 2: $144 F

Option 3: $144 U

Option 4: $264 U

Reference no: EM132527400

Questions Cloud

What the net present value of the proposed project is : What The net present value of the proposed project is closest to? The management of Penfold Corporation is considering the purchase of a machine
What are the tax consequences to Lilac Corporation : Marketable securities held for four years as an investment (basis of $200,000, fair market value of $240,000). What are tax consequences to Lilac Corporation
Issues that can arise from property rights : What are some costs/issues that can arise from property rights?
Determine the payback period and unadjusted rate of return : Income before taxes earned by the ice cream parlor is taxed at an effective rate of 20 percent. Determine the payback period and unadjusted rate of return
What the spending variance for supplies cost in november : Pittman Framing's The actual supplies cost for the month was $8,100. The spending variance for supplies cost in November would be closest to
How much loss is currently deductible by each partner : S & T sustained an operating loss of $100,000 for the current year ended December 31. How much loss is currently deductible by each partner
Determine what would be the total budgeted overhead cost : Determine What would be the total budgeted overhead cost for next month if the activity level is 3,300 machine-hours rather than 3,400 machine-hours?
Negative aspects of the informal labour market : Discuss the positive and negative aspects of the informal labour market, and the role that women play in the informal sector
What portion of their social security benefits : If the Jacobs file a joint return, what portion of their social security benefits are included in income for federal income tax purposes

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!

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