Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Movies Galore distributes DVDs to movie retailers,including dot.coms.Movies Galore's top management meets monthly to evaluate the company's performance.Controller Allen Walsh prepared the following performance report for the meeting:
Walsh also revealed that the actual sale price of $20 per movie was equal to the budgeted sale price and that there were no changes in inventories for the month.Management is disappointed by the operating income results.CEO Jilinda Robinson exclaims,"How can actual operating income be roughly 12% of the static budget amount when there are so many favorable variances?"
Requirement:1. prepare a more informative performance report.Be sure to include a flexible budget for the actual number of DVDs bought and sold.
2. As a member of Movies Galore's management team, which variances would you want investigated?why?
3. Robinson believes that many consumers are postponting purchases of new movies until after the introduction of a new format for recordable DVD players. In sight of this information, how would you rate the company's performance?
the market value of lake corporations inventory has declined below its cost. sheryl conan the controller wants to use
Your father runs a small auto body shop. He has decided to computerize his records and has asked you to explain the basics of accounting to him so that he can enter the data into his accounting software.
Determine his adjusted basis for the building as of the date of sale
Which one of the following is a characteristic of a business combination that should be accounted for as a purchase?
please show computation and give reasioning behind answerson january 1 2012 phil sonics corporation issued 2000000 of
What is the net present value of the project and what is the highest possible beta estimate for the project before its NPV becomes negative?
Books-R-Us, Inc. committed to sell its comic book division (a component of the business) on September 1, 2010. The book value of the division's net assets was $400,000 and the estimated selling price of the net assets was $350,000.
what is the importance of creating and managing health care revenue centers? select a specific health care revenue
panya has total assets of 1000000 common equity of 400000 a gross profit of 800000 total operating expenses of 620000
SDJ, Inc. has net working capital of $1,570, current liabilities of $4,380, and inventory of $1,875. What is the current ratio? What is the quick ratio?
You purchase a stock for $ 100 that pays an annual dividend of $ 5.50. At the beginning of the second year, you purchase an additional share for $ 130. At the end of the second year
The company estimates that the non-guaranteed residual values on generators are equal to an average of 10 percent of the historical cost of the generators. Finance Here Sales & Service can expect that:
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd