User Account

All Pages

Discuss the spending variance for plane operating costs

Assignment Help Accounting Basics
Reference no: EM131768214

Two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $44,580 per month plus $2,390 per flight plus $8 per passenger. The company expected its activity in May to be 68 flights and 211 passengers, but the actual activity was 71 flights and 210 passengers. The actual cost for plane operating costs in May was $215,140.

The spending variance for plane operating costs in May would be closest to?

Reference no: EM131768214

Questions Cloud

Prepare journal entries to record the transactions : Prepare journal entries to record the transactions listed above. Is Manufacturing Overhead underapplied or overapplied for the year? Explain
Why is education primarily a consumer good or a common good : Why is education primarily a consumer good or a common good? In light of current reforms in education discuss this statement.
What is the crab shacks internal rate of return : What is The crab shack's internal rate of return if the required rate of return is 14%. The company is considering the purchase of a new machine that
Determining the following compounds : Write the Lewis structure" for the following compounds. Here I have attached 3 compounds. Please make sure it is correct Thank you.
Discuss the spending variance for plane operating costs : The spending variance for plane operating costs in May would be closest to
How much energy do individual photons : Some of these include ß-carotene (the compound that makes carrots orange), which absorbs at ? = 450 nm and 470 nm.
Double bonds to the xenon when octet rule is met : For the lewis structure, XeO4 why do we have to remove an oxygen and put three double bonds to the xenon when octet rule is met?
Discuss the acceptance decision making process : discuss any information about company. that auditor should consider during the acceptance decision making process
Write about the person or event that you selected : Write about the person or event that you selected. In roughly 750 words tell us: Why is this a significant person or event in history?

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd