Business, 18.04.2020 02:04 Zshotgun33

Allard Manufacturing Company established the following standard price and cost data.
Sales price $ 8.70 per unit
Variable manufacturing cost $ 3.30 per unit
Fixed manufacturing cost $ 2,700 total
Fixed selling and administrative cost $ 800 total
Allard planned to produce and sell 2,000 units. Actual production and sales amounted to 2,200 units.
Assume that the actual sales price is $8.45 per unit and that the actual variable cost is $3.45 per unit. The actual fixed manufacturing cost is $2,500, and the actual selling and administrative costs are $825.

Required
a. & b.
Determine the flexible budget variances and classify the effect of each variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i. e., zero variance).)

Sales (Unfavorable)

Variable manufacturing (Unfavorable)

Contribution margin (Unfavorable)

Fixed manufacturing = 200 (Favorable)

Fixed selling and admin cost = 25 (Unfavorable)

Net income (loss) (Unfavorable)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 23:20

Which feature transfers a slide show into a word-processing document?

Answers: 2

Answer

Business, 22.06.2019 11:40

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Answers: 1

Answer

Business, 22.06.2019 18:50

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

Answers: 3

Answer

Business, 22.06.2019 19:10

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Answers: 3

Answer

You know the right answer?

Allard Manufacturing Company established the following standard price and cost data.
Sales pri...

Questions