User Account

All Pages

Calculate the amount of the unfavorable rate variance

Assignment Help Financial Accounting
Reference no: EM13340704

Using the information in the table below, calculate the amount of the unfavorable rate variance.

 

 

Budgeted

Actual

Volume

200,000

190,000

Revenue per unit

$40

$37

Revenue

$8,000,000

$7,030,000

 

A.  $400,000

B.  $570,000

C.  $970,000

D.  $600,000

E.   can not calculate with given information

 

 

Reference no: EM13340704

Questions Cloud

Determine the magnitude of the torque on the tree : A man ties one end of a strong rope 8.20 m long to the bumper of his truck, 0.621 m from the ground, Compute the magnitude of the torque on the tree
At what fraction of the speed of light is lilac moving : The spaceship Lilac, based on the Purple Planet, is 791 m long, as measured at rest. When Lilac passes Earth, Terran observers measure its length to be 733 m.
What are the volume variance and rate variance experienced : What are the volume variance and rate variance experienced, and are these variances favorable or unfavorable?
What is the balls impact speed on the ground below : A cannon tilted up at a 30° angle fires a cannon ball at 80 m/s from atop a 18 m high fortress wall. What is the ball's impact speed on the ground below
Calculate the amount of the unfavorable rate variance : Using the information in the table below, calculate the amount of the unfavorable rate variance.
What is the payout policy : What is the payout policy and list and explain the two primary ways in which a firm can distribute cash to shareholders.
What was the planes landing speed : As a 16,500 kg jet plane lands on an aircraft carrier, its tail hook snags a cable to slow it down. what was the plane's landing speed
How much of the supplies variance is due to a change : Using the information in the table below, determine how much of the supplies variance is due to a change in volume.
Determine how far is the object from the converging lens : An object is placed to the left of the converging lens, and the final image produced by the two-lens combination lies 21.2 cm to the left of the diverging lens. How far is the object from the converging lens

Reviews

Write a Review

Financial Accounting Questions & Answers

  Differences between the book value and the fair value

Differences between the book value and the fair value of the identifiable assets of Salem Company

  Prepare all adjusting journal entries required

A company purchases a piece of land for $100,000 on January 1, 2011 and chooses to report the land using the revaluation method allowed under IFRS. Prepare all adjusting journal entries required through 2015.

  Who also acts as chief executive officer

HS's board of directors is controlled by George Waltson, the majority shareholders, who also acts as the chief executive officer.

  Illustrate what is the expected return of your portfolio

assume that you have $200,000 invested in a stock that is returning 14%, $300,000 invested in a stock that is returning 18%, and $400,000 invested in stock that is returning 15%. illustrate what is the expected return of your portfolio?

  Prepare absorption and contribution margin income statements

Prepare absorption and contribution margin income statements for the succeeding quarter for the division and compute production costs per unit for both approaches and for both quarters.

  What is the maximum price sal would be willing to pay

If Sal purchases the component from the supplier instead of manufacturing it, the effect on income would be? What is the maximum price Sal would be willing to pay the outside supplier?

  Compute the variable overhead rate variance

Compute the variable overhead rate variance, compute the variable overhead efficiency variance and provide the accounting entry for the overhead rate and efficiency variances.

  Statement of revenues and expenses - deferral method

Using the deferral method, prepare a statement of revenues and expenses and a statement of changes in net assets for Wise Owls for 20X1.

  Discuss why a company would devote such inappropriate amount

Discuss why a company would devote such an inappropriate amount of its security activities to the retention of cash and the prevention of its misappropriation?

  Elucidate the difference in operating income for january

Elucidate the difference in operating income for January, February, and March under variable costing and absorption costing.

  Evaluate the pete''s gross income for calendar year

Evaluate the Pete's gross income for calendar year 2013?

  When a company acquires an affiliated company debt

When a company acquires an affiliated company’s debt instruments from a third party, how is that gain or loss on extinguishment

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