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The next year's budget for Benny, Inc., is given below: Product 1-2 Sales $945,000-688500 Variable costs 459,900-297,000 Fixed costs 300,000-300,000 Net income $185,100-$91,500 Units 126,000-54,000 Market share 12%-20.0%
At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold: Product Line- Units- Sales- Mkt share 1- 126,200- $958,579- 16.0% 2- 56,800- $721,010- 14.2% Required: (Be sure to indicate whether the variance is favorable or unfavorable.) a. Compute the sales activity variance for each product.b. Compute the market share variance for each product.c. Compute the industry volume variance for each product.
Martinez Corporation engaged in the following cash transactions during 2012. Sale of land and building $186,710 Purchase of treasury stock 42,130 Purchase of land 39,130
what is cost center?
explain fully the concept of the cost.how does cost accounting contribute to the effective and efficent management of an industrial established?
The level of activity at which total revenues eqivalent total costs. A point at which there is no profit and no loss.
conclusion
Amy earns $35,000 working part time. Consequently, she is not eligible to participate in her employer's retirement plan or health insurance program. Amy's expenses are summarized a
How do I calculate labour capacity ratio
Bebe, a manufacturer of sophisticated and fashionable women's clothing, is completing a new assembly plant in Malaysia. A final construction payment of 6,000,000 MY
Bakeson Bearings Ltd is preparing to submit a bid for a bearings order. Janet Lake, CEO of the Manufacturing Division, has asked Jason Docker, the management accountant, to prepa
One month before she died on April 14, 2002, Barbara Gent (Amy's aunt) gave Amy a coin collection. Based on careful records that Barbara kept, the collection had a cost basis of $9
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