CONNECT ONLINE ACCESS F/MANAGERIAL ACC.
6th Edition
ISBN: 9781264445356
Author: Noreen
Publisher: MCG
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Chapter 9, Problem 9.19P
1.
To determine
Introduction:
Flexible budget performance report:
Under a flexible budget, to compare the actual performance (revenues and costs) with the budgeted performance (revenues and costs) a flexible budget performance report is used by a business enterprise at several levels of activity.
To prepare: A flexible budget performance report that shows revenue, spending variances, and activity variances for November.
2.
To determine
Introduction:
Activity Variance:
The activity variance refers to the difference between planned and actual activity levels which represent the overall positive or negative output or performance of the company.
Requirement 2
To explain: The activity variance.
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Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home
delivery services. The pizzeria's owner has determined that the shop has two major cost drivers the number of pizzas sold and the
number of deliveries made.
The pizzeria's cost formulas appear below:
Pizza ingredients
Fixed Cost
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per Month
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$ 4.50
$ 5,930
Cost per
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$ 620
$640
$ 408
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$0.40
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$ 1.60
In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries.
Data concerning the pizzeria's actual results in November appear below.
Actual
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1,690
210
Kitchen staff
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$27,600
Pizza ingredients
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$ 5,870
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$ 890
$ 672
$ 988
$ 408
$ 1,890
$ 796
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XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads
are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per
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Select one:
O a. $515.00
O b. $455.00
O c. $532.50
O d. None of the answers given
O e. $875.00
Accounting Question
Chapter 9 Solutions
CONNECT ONLINE ACCESS F/MANAGERIAL ACC.
Ch. 9 - Prob. 9.1QCh. 9 - Prob. 9.2QCh. 9 - Prob. 9.3QCh. 9 - Prob. 9.4QCh. 9 - Prob. 9.5QCh. 9 - Prob. 9.6QCh. 9 - Prob. 9.7QCh. 9 - Prob. 9.8QCh. 9 - Prob. 9.9QCh. 9 - Prob. 9.10Q
Ch. 9 - The Excel worksheet form on the next page is to be...Ch. 9 - Prob. 1TF15Ch. 9 - Prob. 9.1ECh. 9 - Prob. 9.2ECh. 9 - Prob. 9.3ECh. 9 - Prob. 9.4ECh. 9 - Prob. 9.5ECh. 9 - Prob. 9.6ECh. 9 - Prob. 9.7ECh. 9 - Prob. 9.8ECh. 9 - Prob. 9.9ECh. 9 - Prob. 9.10ECh. 9 - Prob. 9.11ECh. 9 - Prob. 9.12ECh. 9 - Prob. 9.13ECh. 9 - Prob. 9.14ECh. 9 - Prob. 9.15ECh. 9 - Prob. 9.16ECh. 9 - Prob. 9.17PCh. 9 - Prob. 9.18PCh. 9 - Prob. 9.19PCh. 9 - Prob. 9.20PCh. 9 - Prob. 9.21PCh. 9 - Prob. 9.22PCh. 9 - Prob. 9.23PCh. 9 - Prob. 9.24CCh. 9 - Prob. 9.25CCh. 9 - Prob. 9.26C
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