User Account

All Pages

Prepare a flexible budget performance report

Assignment Help Managerial Accounting
Reference no: EM13908908

Refer to information in QS 23-14. Assume that actual sales are $ 480,000, actual variable costs for the year are $ 112,000, and actual fixed costs for the year are $ 145,000. Prepare a flexible budget performance report for the year.
in QS 23-14, Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $ 400,000; variable costs of $ 80,000; and fixed costs of $ 150,000. If the company instead produces and sells 26,000 units for the year, calculate the expected level of income from operations.

Reference no: EM13908908

Questions Cloud

Prepare a material purchases budget for the same period : Prepare a material purchases budget for the same period
Multi-core mobile processor : Assume we have TINGEN, a multi-core mobile processor. As writing an application in assembly language for the certain device, we have two selections concerning code optimization.
How probability samples differ from nonprobability samples : Describe how probability samples differ from nonprobability samples, and discuss the advantages, disadvantages and uses of both. Describe the various types of nonresponse errors and what can be done to reduce them.
Develop a normalized database for all the tables : Write the SQL commands to be used to create each of the tables that you would included in the creation of the database for SFV. Assume you own constraints and data verifications -  Develop a normalized database for all the tables and you should sho..
Prepare a flexible budget performance report : Refer to information in QS 23-14. Assume that actual sales are $ 480,000, actual variable costs for the year are $ 112,000, and actual fixed costs for the year are $ 145,000.
How necessary is it in the decision-making process : Imagine you are conducting a cost-benefit analysis. How do you plan to use this when making decisions about public expenditures? How necessary is it in the decision-making process?
What income effects would be reported from ownership : Penston Company owns 40 percent (40,000 shares) of Scranton, Inc., which it purchased several years ago for $182,000. Since the date of acquisition, the equity method has been properly applied, what income effects would be reported from its ownership..
Impacting cost benefit analysis that could affect a society : What do you think are some of the more important, impacting cost benefit analysis that could affect a society? Do you think such an analysis could be carried out on "hot topics" like abortion, the death penalty, and same-sex marriage?
Writing an application in assembly language : Suppose we have TEGRA, a multi-core mobile processor. While writing an application in assembly language for the given device, we have two options regarding code optimization.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare quarterly production budgets for each quarter

The January 1, 2014, inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2015 are expected to be 25% higher than sales in the same quarter ..

  Companys overall break-even point

Conway Company sells three products: A,B and C. Product A's unit contribution margin is higher than Product B's and Products B's is higher than Product C's. Which one of the following independent events is most likely to increase the company's ove..

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Compute the cost per equivalent unit for direct materials

Compute Costs per Equivalent Unit: Weighted-Average Method - Compute the cost per equivalent unit for direct materials and conversion costs.

  Contribution margin examined by market segment

Why would a business like UPS or eBay be concerned with looking at contribution margin by market segment? Can you recognize kinds of market segments?

  Calculate the predetermined overhead rate for current year

Calculate the predetermined overhead rate for the current year and use this rate to apply overhead to the jobs that are worked during February.

  1 the variable cost of producting one cookie is 075 fixed

1. the variable cost of producting one cookie is 0.75. fixed costs per week are 1000.a. sketch a graph of costs in the

  Compute the break-even point in units and dollars

Compute the break-even point in units and dollars - Compute the margin of safety in dollars and as a ratio, assuming actual sales

  Calculate the customer level operating profit

Calculate the customer level operating profit for each of the above merchandising firms based on the actual number of orders written and prepare a customer profitability analysis ranking the firms from most to least profitable showing the level of ..

  Golden corporation''s financial statements

1.Refer to Golden Corporation's financial statements and related information in Problem 16- 4A. In Problem 16- 4A, Golden Corp.,

  How much cost in total would be allocated

How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?

  Prepare a job cost sheet

Prepare a job cost sheet and record the information given above and also a cost summary for job and prepare a purchases budget in units and dollars for the quarter ending 30th December 2014.

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