Pittman Framing's cost formula for its supplies cost is $1,120 per month plus $12 per frame. For the month of November, the company planned for activity of 610 frames, but the actual level of activity was 602 frames. The actual supplies cost for the month was $8,600. The spending variance for supplies cost in November would be closest to:
Answers: 3
Business, 22.06.2019 07:30
Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.
Answers: 2
Business, 23.06.2019 03:00
Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is
Answers: 1
Business, 23.06.2019 07:00
An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.
Answers: 3
Business, 23.06.2019 09:40
Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.
Answers: 3
Pittman Framing's cost formula for its supplies cost is $1,120 per month plus $12 per frame. For the...
Geography, 10.03.2021 14:00
Computers and Technology, 10.03.2021 14:00
Mathematics, 10.03.2021 14:00
Mathematics, 10.03.2021 14:00
Chemistry, 10.03.2021 14:00
Computers and Technology, 10.03.2021 14:00
Computers and Technology, 10.03.2021 14:00
Mathematics, 10.03.2021 14:00
Mathematics, 10.03.2021 14:00
Mathematics, 10.03.2021 14:00
English, 10.03.2021 14:00