The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $225,000 F.    Master budget based on actual sales of 155,000 units:    Revenue $ 3,000,000   Materials 855,000    Labor 630,000   Variable manufacturing overhead and administrative costs 130,000    Fixed manufacturing overhead and administrative costs 350,000       Required:    a. How many units were actually sold in the most recent period? (Do not round intermediate calculations.)    b. Prepare a sales activity variance for the most recent year for Slacker & Sons.

Q: ogel Co. expects to produce 116,000 units for the year. The company's flexible budget for 116,000…

A:

Q: Barley, Inc., produces a product and has the following as standard costs per unit for materials and…

A: Actual price=Material usedQuantity=$800,00050,000=$16

Q: The following information relates to the Finishing department of Tom company for the fourth quarter:…

A: The question is based on the concept of Cost Accounting.

Q: A company's master budget for October is to manufacture and sell 31,600 units, for a total sales…

A: The variance is the difference between the actual data and standard output of the production. The…

Q: Using the following information, prepare a factory overhead cost budget for Starts Inc. where the…

A: Given: Total factory overhead cost = $115,000 Variable overhead cost per unit = $18.50 Total fixed…

Q: The following information relates to Finishing department of Tom company for the fourth quarter:…

A: SOLUTION- EXPLANATION- SPENDING VARIANCE = ACTUAL FACTORY OVERHEAD - FLEXIBLE BUDGETED FACTORY…

Q: The data below relate to the standards for the sole product of Marshal Corporation in August:…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: MCD Corp. spent a total of 810,000 actual variable cost and 290,000 and cost for the month of May.…

A: Spending variance = $60000 U Volume variance = $260000 U

Q: The following data pertains to the month of October for ElmCo. when production was budgeted to be…

A: Fixed overhead volume variance is the amount of difference between the overhead absorbed/applied and…

Q: Great Inc. manufactures a single product. The following data relates to January 2018: Actual Static…

A: Fixed overhead rate = Budgeted Fixed overhead costs / Budgeted machine hours = $45675/20300 hours =…

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

A: Organizations have variances in their budgeted costs and actual costs. However, the amount with the…

Q: During the month of March, Baker's Express purchased 10,000 pounds of flour at $1 per pound. At the…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: egan, Incorporated uses the following standard costs per unit for one of its products: Direct labor…

A: The difference between the actual amount of an expense and the expected (or budgeted) amount of an…

Q: The following data were drawn from the records of Quentin Corporation. Planned volume for year…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Delaware Corp. prepared a master budget that included $22140 for direct materials, $28,000 for…

A: The fixed cost for flexible budget is similar to flexible cost for master budget.

Q: Garcia Corp’s current year annual budget for variable and fixed overhead costs total $192,500 and…

A: The question is based on the concept of Cost Accounting.

Q: A company has a normal capacity of 120 machines, working 8 hrs per day of 25 days in a month. The…

A: Variance:- It occurs when there is a difference between actual performance and Standard Performance.…

Q: should not be included in Skelton's flexible budget at a 60,000-unit level? Explain the reasoning…

A: Based on the information available for skeleton corporation ,we can answer the Question as follows:…

Q: Beech Company produced and sold 105,000 units of its product in May. For the level of production…

A:

Q: Spiral Company’s budgeted fixed factory overhead cost is P50,000 per month plus a variable factory…

A: Overhead costs refer to the costs which occur in operating activity in a business. It also termed as…

Q: The following information has been gathered from KLP. cormany's static budget for the most recent…

A: Material price variance = (Actual price per pound - Standard price per pound)*Actual quantity…

Q: Spiral Company’s budgeted fixed factory overhead cost is P50,000 per month plus a variable factory…

A: Variance analysis helps management to analyzing the reason behind the differences arises between…

Q: Fogel Co. expects to produce 116,000 units for the year. The company’s flexible budget for 116,000…

A:

Q: Moneka reported $65,000 of income for the year by using absorption costing. The company had no…

A: Ending inventory = production  - sales = 20000 units - 18000 units = 2000 units Fixed manufacturing…

Q: The cost formula for the maintenance department of Rainbow Ltd. is $19,400 per month plus $7.70 per…

A: Given, Fixed cost = $19,400 Variable cost = $7.70 per machine hour

Q: In September, Larson Inc. sold 42,000 units of its only product for $255,000 and incurred a total…

A: actual sales revenue is $255,000 actual total cost incurred is $236,300 Net Operating Income =…

Q: A company set the total budgeted direct labor cost at P75,000 for the month for producing 5,000…

A: Direct labor efficiency variance = (Actual hours worked × standard rate) - (Standard hours×standard…

Q: The following data pertains to the month of October for Elm. Co. when production was budgeted to be…

A: Variance:   The amount obtained when actual costs is deducted from budgeted cost is known as…

Q: In September, Larson Inc. sold 50,000 units of its only product for $328,000, and incurred a total…

A: A management team uses a master budget as its primary planning tool to guide company operations and…

Q: The following describes production activities of Mercer Manufacturing for the year. Actual direct…

A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost. The…

Q: The following data are given for Zoyza Company: Budgeted production (at 100% of normal capacity)…

A: Standard hours for actual output=Standard hours allowed per completed unit×Actual production Factory…

Q: In October, Pine Company reports 20,600 actual direct labor hours, and it incurs $257,000 of…

A: overhead volume  variance  =  Standard hours  - normal hours) × fixed overhead  rate

Q: In September, Numbers Incorporated sold 40,000 units of its only product for $262,000 and incurred a…

A: The question asks for actual operating income which is the difference between actual sales and…

Q: The following data pertains to the month of October for ElmCo. when production was budgeted to be…

A: Direct Material Quantity Variance It's the variance which occurs due to the change in the quantity…

Q: The following information relates to a given department of Mervi Company for the first quarter of…

A: Budget is kind of prior estimation which helps management to estimate the sales revenue and…

Q: Deems company's budgeted fixed factory overhead cost is 50,000 per month plus a variable overhead…

A: Formula   Flexible budget variance =  ( Variable budget overhead - variable actual overhead ) +…

Q: The following information relates to the Finishing department of Tom company for the fourth quarter:…

A:

Q: The following information relates to the Finishing department of Tom company for the fourth quarter:…

A: Standard Costing is generally used to find out the variances of the various production expenses…

Q: Consider the following situation for Junkee Corporation for the prior year. The company produced…

A: Under variable costing Sales( 900x 100)   90000 Less: variable cost     Direct Material (30…

Q: Viva Products has an estimate practical capacity of 90,000 machine hours, and each unit requires two…

A: Viva Products has an estimate practical capacity of 90,000 machine hours, and each unit requires two…

Q: The following information for Donoghue Manufacturing Company for the period just ended: Actual:…

A: The correct option is  E. None of the above

Q: The following data are available for the most recent year of operations for Slacker & Sons. The…

A: Given: The master budget is given below,

Q: In September, Larson Inc. sold 50,000 units of its only product for $317,000, and incurred a total…

A: The variance is the difference between the actual data and standard output of the production.

Q: The following data are available for the most recent year of operations for Slacker & Sons. The…

A: given that, sales activity variance is $288,000 F. actually sales units = 161000 units budgeted…