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The next year's budget for Benny, Inc., is given below: Product 1-2 Sales $945,000-688500 Variable costs 459,900-297,000 Fixed costs 300,000-300,000 Net income $185,100-$91,500 Units 126,000-54,000 Market share 12%-20.0%
At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold: Product Line- Units- Sales- Mkt share 1- 126,200- $958,579- 16.0% 2- 56,800- $721,010- 14.2% Required: (Be sure to indicate whether the variance is favorable or unfavorable.) a. Compute the sales activity variance for each product.b. Compute the market share variance for each product.c. Compute the industry volume variance for each product
what are the purposes of cost accounting information
from the following particulars calculate the earning of worker . rate per hours $0.50 standard time 200 hours time taken 140 hours
Hi, i need the solution manual for cost accounting managerial emphasis 12 edition
Q. What is the idyllic minimum or maximum population required to use fca? Ans. FCA is not depending on size. It is merely a common-sense approach to overseeing money and k
Semi Fixed Costs Are costs along with both a variable and fixed cost component? The fixed component is such portion that is constant irrespective of the level of activity. The
Direct Labour Rate Variance It is the difference among the actual direct labour rate and the standard direct labour rate for the total hours worked. Utilizing an equation,
General Motors has to raise new capital in one of the following three ways. Using the income tax rate of 32%, find the after-tax cost of new capital in each case. (A) Sell commo
a. What are the major equity and/or debt securities investments? What amounts are reported in the balance sheet? How significant are those amounts to the company's overall
specimen of cost sheet
costing in respect of mathematical accounting a research project.
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