subject
Business, 11.12.2019 22:31 dani6651

Feemster corporation manufactures and sells a single product. the company uses units as the measure of activity in its budgets and performance reports. during october, the company budgeted for 6,080 units, but its actual level of activity was 6,030 units. the company has provided the following data concerning the formulas used in its budgeting and its actual results for october: data used in budgeting: fixed element per month variable element per unit revenue - $ 31.70 direct labor $ 0 $ 7.40 direct materials 0 10.40 manufacturing overhead 38,800 3.10 selling and administrative expenses 25,400 2.60 total expenses $ 64,200 $ 23.50 actual results for october: revenue $ 185,095 direct labor $ 40,510 direct materials $ 58,800 manufacturing overhead $ 54,775 selling and administrative expenses $ 40,670 the activity variance for selling and administrative expenses in october would be closest to: multiple choice $538 u $130 f $538 f $130 u

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:00
Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.
Answers: 1
question
Business, 22.06.2019 13:20
In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.
Answers: 3
question
Business, 22.06.2019 17:00
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
question
Business, 22.06.2019 17:10
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
You know the right answer?
Feemster corporation manufactures and sells a single product. the company uses units as the measure...
Questions
question
Social Studies, 05.09.2019 03:10
Questions on the website: 13722360