Q38   A company's master budget for October is to manufacture and sell 31,300 units, for a total sales revenue of $296,000, total variable costs of $161,410, and total fixed costs of $26,600. The company actually manufactured and sold 33,300 units, and generated $86,600 of operating income in October.   The total flexible-budget variance in October was: (Do not round intermediate calculations.)   Multiple Choice   $6,825 unfavorable.   $51,175 unfavorable.   $29,990 unfavorable.   $8,600 unfavorable.   $60,000 unfavorable.

Q: Miller and Sons' static budget for 10,300 units of production includes $36,100 for direct materials,…

A: Budgeting is a process of estimation of future income and expenditure for a particular period of…

Q: man Framing's cost formula for its supplies cost is $1,160 per month plus $16 per frame. For the…

A: Spending Variance - Spending Variance Is The Difference Between Actual Results Of Particular…

Q: In July, a company expected that the cost of direct materials would amount to $24 for each unit of…

A: Static budget variance is the amount which is determined by comparing the static budgetary values…

Q: Complete the flexible budget variance analysis by filling in the blanks in the partial flexible…

A: The flexible budget performance report is prepared to estimate the different variances for actual…

Q: expenses. Prepare a flexible budget performance report that shows any variances between budgeted re-…

A: A static budget is prepared for a single estimated production volume.However, if actual production…

Q: Tempo Company's fixed budget (based on sales of 18,000 units) folllows. Fixed Budget Sales (18,000…

A: A flexible budget is a budget that adjusts or flexes based on changes in activity levels or other…

Q: In September, Numbers Incorporated sold 40,000 units of its only product for $240,000, and incurred…

A: The master budget is an important instrument for management in planning, coordinating, and…

Q: what is the cost of production per unit at revised budget for 120000 units

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Q: Castleton Corporation manufactured 31,500 units during March. The following fixed overhead data…

A: FIXED OVERHEAD SPENDING VARIANCE Fixed overhead variance which arises due to the difference…

Q: Q11

A: In this question, we have to calculate the direct labor flexible budget variance.

Q: A company's master budget for October is to manufacture and sell 60,000 units with fixed costs of…

A: Formula: Number of units actually sold = Actually generated profit - Sales volume variance

Q: A company's master budget for October is to manufacture and sell 60,000 units with fixed costs of…

A: Introduction: A budget is intended to anticipate an entity's financial outcomes and position for a…

Q: answer must be in proper format or i will give down vote

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A: Standard costing is the method of comparing the actual result of business operations with the budget…

Q: The static budget, at the beginning of the month, for Jabari Company follows: Static budget Sales…

A: PROFIT VOLUME VARIANCEProfit Variance represents the difference between budgeted profit & actual…

Q: Exercise 17-30 (Static) Sales Mix and Quantity Variances (LO 17-4) Olivet Devices sells two models…

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Q: What is R100 Sales Mix Variance? What is total sales volume variance? What is the R66 sales…

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Q: The condensed form of Nordstrop Company's flexible budget for manufacturing overhead follows:…

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Q: Required: Compute the sales activity variance, and break it down into mark Note: Indicate the effect…

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Q: Company's December 31, 2020 flexible budget for variable overhead was $123,987, based on actual…

A: Solution: Variable overhead per unit = Total flexible budget variable overhead / Actual production…

Q: Required: a) Using the information provided prepare a flexible budget statement for 27,000 units for…

A: Budget: A budget is an estimation to determine the income that will be earned and expenses that will…

Q: Assume that a company's planning budget is based on 2,000 units and it actually produced and sold…

A: Variance: When there is any difference between the actual and budgeted that is called variance,…

Q: The master budget at Western Company last period called for sales of 225,000 units at $9 each. The…

A: Profit variance analysis:It shows and determines the causes behind the changes in the profit of the…

Q: Appoline Juices budgeted sales of 87,180 units of Grape, assuming that the company would have 30…

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Q: Complete the following partial flexible budget performance report, and indicate whether each…

A: Flexible budget performance report is the one which is prepared by the entity to determine the…

Q: Acme Company's production budget for August is 17,800 units and includes the following component…

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Q: Adams Educational Services had budgeted its training service charge at $80 per hour. The company…

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Q: Denzo tins static budget at 10,000 units of production includes P40,000 for direct labor and P4,000…

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A: Total Sales Activity Variance=Budgeted Contribution per unit x (Actual sales quantity - Budgeted…

Q: D&B Ice Cream budgeted sales of 136,288 units of flavor C, assuming that the company would have 16…

A: Please check the next step for the solution

Q: Assume that a company's planned level of activity was 3,500 units and its actual level of activity…

A: The fixed costs remain same for flexible budget and planned budget. The variable costs per unit…

Q: Shawke Company's partially completed flexible overhead budget for the current period follows. This…

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Q: During an average month, Space toys plans to sell 120 units of its only product with a budgeted…

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Q: 8. GP Variance Analysis with Complete Information Nacho Chips Company prepared the following…

A: Since you have posted multiple questions, we will provide the solution only to the first question as…

Q: Brodrick Company expects to produce 20,700 units for the year ending December 31. A flexible budget…

A: Budget means the expected value of future. Budget is not affected by the actual value as it is…

Q: Last month, Hildebrand Corporation generated sales of $800,000 and incurred selling and…

A: Total selling and administrative expense budget = Variable selling and administrative expense +…

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Q: Find the interest on 4,570 at 5 ¾% from January 17, 1991 to July 7, 1991 using the four methods

A: " Hi, Thanks for the Question. Since, you asked multiple question, we will provide the solution for…

Q: Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Woje, Inc. Flexible Budget For…

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Q: alston has the following budgeted costs at its anticipated production level (expressed in hours):…

A: Solution: When production is upward slightly within relevant range, total fixed overhead will remain…