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!
Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown below: Fixed Element per Month Variable Element per Customer Served Actual Total for May Revenue $ 5,800 $ 217,000 Employee salaries and wages $ 57,000 $ 1,800 $ 128,100 Travel expenses $ 950 $ 35,300 Other expenses $ 36,000 $ 34,400 When preparing its planning budget the company estimated that it would serve 35 customers per month; however, during May the company actually served 40 customers.
1. What activity variance would Adger report in May with respect to its revenue?
2. What activity variances would Adger report with respect to each of its expenses? Employee salaries and wages, travel expenses, and other expenses?
Morrow Corporation incurred the following cost while manufacturing its product: Prepare statement of Cost of Goods Manufactured
Kinsey Company had the following information: What is the merchandise available for sale and the cost of goods sold?
Does the company discuss any recent accounting pronouncements that they are in compliance with? Briefly list and describe them.
Luxottica Group, the Italian company that sells Ray Ban and Killer Loop sunglasses, reported a gross profit percentage of 66.4 percent in 2008 and 65.4 percent in 2009. In each of these two years, the company’s net sales were steady at 5 million euro..
Prepare direct material. compute the price and quantity variance the material were purchase from a new supplier who wants to enter into a long term purchase contract.
Financial information demonstrates consistency when
Hernandez Builders has a gross payroll for June amounting to $400,000. What is the amount of net pay recorded by Hernandez? Make the journal entry to record the payroll.
What would be Martinez dollar amount projections in his business plan.
Determine the current year's overhead application rate
The United States has suffered several weather-related disasters in recent years, including Hurricane Katrina, Superstorm Sandy, and numerous devastating tornados and floods. These unfortunate events have led to many billions of dollars in property d..
Loretta incurs the following deductible expenses: $2,500 in state income taxes. She is single, no dependents, and as $40,000 AGI for the year. What is the amount of Loretta's taxable income?
Prepare the statement of cash flows using the indirect method. Disclose any noncash transactions in an accompanying note. (Amounts to be deducted should be indicated with minus sign. Omit the "$" sign in your response.)
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