Sunland Company has gathered the following information concerning one model of s Variable manufacturing costs $38000 Variable selling and administrative $26000 costs Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 RỒI 30% Planned production and sales 6000 pairs What is the desired ROI per pair of shoes? O $140 O $142 O $57 O $85
Sunland Company has gathered the following information concerning one model of s Variable manufacturing costs $38000 Variable selling and administrative $26000 costs Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 RỒI 30% Planned production and sales 6000 pairs What is the desired ROI per pair of shoes? O $140 O $142 O $57 O $85
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 4BE
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Concept explainers
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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