User Account

All Pages

What will be the overall volume variance

Assignment Help Accounting Basics
Reference no: EM132607306

Question - The following static budget is provided:

Per Unit Total

Sales $80 $1,040,000

Less variable costs: Manufacturing costs 40 520,000

Selling and administrative costs 20 260,000

Contribution margin$20 $260,000

Less fixed costs: Manufacturing costs 82,000

Selling and administrative costs 132,000

Total fixed costs: 214,000

Net income $46,000

Required - What will be the overall volume variance if 16,000 units are produced and sold?

Reference no: EM132607306

Questions Cloud

What is the estimated useful life of the machinery : What is the estimated useful life of the machinery and equipment being depreciated with a straight-line depreciation rate of: 1. 5 percent
Discussing ideas you learned about groups : Discussing ideas you learned about groups: group formation, leadership, group problem-solving, task completion, conflict management, and other insights.
Design simple network and make drawing of network : Design a simple network and make a drawing of the network.
Calculate the profit for each option : You are the accountant for Mr Brown's Business. Considering all of the facts given, calculate profit for each option and recommend which Mr Brown should take
What will be the overall volume variance : Question - The following static budget is provided: What will be the overall volume variance if 16,000 units are produced and sold
Public administrators and the media : Locate a current events or news article via the Internet, detailing a public agency's attempt to ensure public involvement. Over what time frame did this occur?
Explain how a bank can create money by making loans : Explain how a bank can create money by making loans by going through the following steps. What happens to the balance sheet of Bank A
Portion of federal bureaucracy is embroiled : Search for a current issue in which a portion of the federal bureaucracy is embroiled. It can be ICE, the VA, the FBI, the IRS, DoJ, EPA, or any regulatory
Outline the auditor responsibilities : Outline the auditor's responsibilities with respect to information accompanying a financial report

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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