User Account

All Pages

What would the spending or flexible budget variance be

Assignment Help Financial Accounting
Reference no: EM132506279

Question 1 : The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000 variable and $135,000 fixed. If Battaglia had actual variable manufacturing overhead of $60,500 and actual fixed manufacturing overhead of $125,000 for 11,000 lounge chairs produced, what would the spending (flexible budget) variance be for the total manufacturing overhead?

Option A. $500 unfavorable

Option B. $4,500 unfavorable

Option C. $4,500 favorable

Option D. $500 favorable

Reference no: EM132506279

Questions Cloud

Find the flux of the field F given in the Exercise : Find the flux of the field F given in the Exercise 1. outward across the triangle with vertices (1, 0), (0,1) and (-1, 0).
Determining the arbitrage opportunity : At the same time, inflation is running at an annual rate of 3% in Germany and 1.5% in UK. The current spot rate is EUR/GBP 1.17.
What is the percentage change in value of british pound : What is the percentage change in the value of the British Pound over the past year? Is that an appreciation or a depreciation?
What is the payoff from buying a call : What is the payoff from buying a call over this bond if the strike is $100. Is it recomendable to buy this call today at $2?
What would the spending or flexible budget variance be : Manufacturing overhead of $125,000 for 11,000 lounge chairs produced what would the spending (flexible budget) variance be for the total manufacturing overhead?
What is the price of bonds today : Today these bonds are yielding 18%. Coupon is paid annually. What is the price of these bonds today?
What is the effective annual rate : What is the effective annual rate of 24% APR compounded every 2 years?
How much have you actually inherited : Thereafter, this payment is to grow by 3% each year and to be made each year forever. If the appropriate discount rate is 11%, how much have you actually inheri
How many years will susan have to wait to double money : How many years will Susan have to wait to double her money? Susan Ross wants to know how many years it will take for her to double her savings

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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