What is the Production Cost budget variance

Assignment Help Accounting Basics
Reference no: EM132724592

Question - Acme Manufacturing uses flexible budgeting.

Fixed Production Costs 30,000

Variable Production Costs 120,000

Expected Output in Units 100,000

Actual Output in Units 94,002

Actual Production Costs 141,990

Required - What is the Production Cost budget variance?

Reference no: EM132724592

Questions Cloud

Opportunities in clinical versus management tracts : Research the clinical and management tracts for nursing advancement. Compare the opportunities in the clinical versus management tracts.
Bioterrorism threats : The basic functions of all levels of government-federal, state, and local-when responding to a possible bioterrorism threat.
What would be the amortization for the first year : Assume that you are using the effective rate method of amortization, what would be the amortization for the first year? and how would you journalize it
Health care technologies-pressures to control health care : How have new health care technologies and pressures to control health care costs affected nurses and nursing practice?
What is the Production Cost budget variance : Acme Manufacturing uses flexible budgeting. Fixed Production Costs 30,000. What is the Production Cost budget variance
Challenging barriers to effective communication : We face challenging barriers to effective communication in the healthcare field.
Find and determine the cost of the building : Damages awarded for injuries sustained in construction 84,000. Among the expenditures mentioned, determine the cost of the building.
Are adjustments necessary in this situation : Make any adjustments as necessary. Opening Inventory is $6400.00 and the Ending Inventory $4,800.00. Are adjustments necessary in this situation
Neurological discussion : George is a 59-year-old African American lawyer who experienced weakness and numbness of his right side while playing golf this morning.

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.

  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!

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