Prepare a responsibility report for the wellstone division

Assignment Help Accounting Basics
Reference no: EM13512491

The Wellstone Division operates as a profit center. It reports the following for the year.


Budgeted

Actual

Sales

$2,000,000

$1,800,000

Variable costs

800,000

750,000

Controllable fixed costs

550,000

550,000

Noncontrollable fixed costs

250,000

250,000

Prepare a responsibility report for the Wellstone Division at December 31, 2012.

Reference no: EM13512491

Questions Cloud

Explain what is the final temperature (oc) of the mixture : 10.2 g of ice at -4.8oC is added to 164 mL of water at 50.1oC. What is the final temperature (oC) of the mixture
Find the maximum magnitude of the velocity : A cheerleader waves her pom-pom in SHM with an amplitude of 18.8 cm and a frequency of 0.870 hz. Find the maximum magnitude of the velocity
Obtain the maximum speed of the glider : A 0.500-kg glider, attached to the end of an ideal spring with force constant k=450 n/m, undergoes simple harmonic motion with an amplitude 0.040 m. Compute the maximum speed of the glider
Identify the following transactions by letter and place : Create T accounts for Cash; Supplies; Jim Arnold, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts.
Prepare a responsibility report for the wellstone division : Prepare a responsibility report for the Wellstone Division at December 31, 2012 -
Explain midpoint and the equivalence point for a titration : Calculate the pH at the midpoint and at the equivalence point for a titration of 25mL of 0.100M potassium hydrogen phthalate with 0.100M KOH.
Find the time for one complete vibration : A 2.20 kg mass on a spring has displacement as a function of time given by the equation x(t)= (7.40 cm) cos [4.16 rad/s) t - 2.42 rad]. Find the time for one complete vibration
Prepare a static budget report for the second quarter : Prepare a static budget report for the second quarter and for the year to date.
Define how you would prepare 500.0ml of a solution : Expalin how you would prepare 500.0mL of a solution that is 0.100 M of H2SO4 from concentrated 18.0 M of H2SO4, which is a liquid with density 1.82g/mL

Reviews

Write a Review

Accounting Basics Questions & Answers

  Question-agee corp acquired a 25 interest in trent co on

question-agee corp. acquired a 25 interest in trent co. on january 1 2010 for 500000. at that time trent had 1000000

  Degree of homogeneity

The greater the degree of homogeneity, a. the greater the number of needed cost pools. b. the fewer the number of needed cost pools. c. the less accurate the costs of a particular cost objet, d. greater the variety of cause and effect relationships w..

  Karsen company produces a pain medication that passes

karsen company produces a pain medication that passes through two departments mixing and tableting. karsen uses the

  Comstock company counted their inventory at the end of the

comstock company counted their inventory at the end of the year and had 220 units. included in that amount were 20

  Dividend should be distributed as

In the company's first year of operation, no dividends were paid. During the second year, Ten Sports paid cash dividends of $50,000. This dividend should be distributed as follows:

  Find out the cost recovery deduction

Diane purchased a factory building on November 15, 1993, for $5,000,000. She sells the factory building on February 2, 2009. Determine the cost recovery deduction for the year of the sale.

  Will who is single and under age 50 is employed as a

will who is single and under age 50 is employed as a full-time tax accountant at a local manufacturing company where he

  Conditions for cash dividend payment

Why must preferred stock dividends be subtracted from net income in computing earnings per share? Why is common stock usually not issued at a price that is less than par value?

  The websites of procter & gamble and harley davidson

Visit the websites of Procter & Gamble and Harley Davidson

  Reflect for a moment on the lifo last in first out and

reflect for a moment on the lifo last in first out and fifo first in first out inventory methods. if you were starting

  Entry of financial statements

What entry must Sam's Painting Service make on December 31 before financial statements are prepared?

  Classes of securities-appropriate adjusting entries

Prepare the appropriate adjusting entries for Brooks as of December 31, 2010, to reflect the application of the "fair value" rule for both classes of securities described above.

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!

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