Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.60 $ 1,300 $ 0.10 $ 0.10 $ 4,200 $ 0.30 $ 8,000 $1,900 $ 1,400 $ 0.02 For example, electricity costs should be $1,300 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed. The company actually washed 8,200 cars in August. Required: Calculate the company's activity variances for August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Revenue Expenses: Lavage Rapide Activity Variances For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.60 $ 1,300 $ 0.10 $ 0.10 $ 4,200 $ 0.30 $ 8,000 $1,900 $ 1,400 $ 0.02 For example, electricity costs should be $1,300 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.40 per car washed. The company actually washed 8,200 cars in August. Required: Calculate the company's activity variances for August. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Revenue Expenses: Lavage Rapide Activity Variances For the Month Ended August 31 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...

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Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost Cost per Car per Month Washed $ 0.80 $ 1,000 $ 0.08 $ 0.25 $ 4,800 $ 0.40 $ 8,400 $ 1,900 $ 1,400 $ 0.05 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.60 per car washed. Required: Prepare the company's planning budget for August Lavage Rapide Planning Budget For the Month Ended August 31 Actual cars washed Budgeted cars washed
The following table provides data concerning a company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.40 Electricity $ 1,400 $ 0.08 Maintenance $ 0.15 Wages and salaries $ 4,900 $ 0.30 Depreciation $ 8,400 Rent $ 1,800 Administrative expenses $ 1,400 $ 0.04 For example, electricity costs are $1,400 per month plus $0.08 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.10 per car washed. Prepare the company’s planning budget for August. Budgeted Cars Washed Revenue Expenses: Cleaning Supplies Electricity Maintenance Wages and Salaries Depreciation Rent Administrative Expenses Total Expenses Net Operating Income $
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per per Month $ 21,200 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Repair-Hour $15.00 $ 7.50 $ 0.50 $ 1.60 $ 2,770 $ 5,710 $ 4,680 $ 3,870 Rent Administrative expenses $ 0.40 For example, wages and salaries should be $21,200 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $44.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per Repair-Hour $ 16.00 $ 7.20 $ 0.40 $ 1.70 per Month $ 21,400 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses $ 2,700 $ 5,790 $ 4,680 $ 3,890 Rent Administrative expenses $ 0.80 For example, wages and salaries should be $21,400 plus $16.00 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $52.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses: Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net…
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company's costs Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $0.60 $3,100 0.20 0.40 6.400 0.50 10,000 3.800 3.500 0.05 The company expects to charge customers an average of $7.60 per car washed a) Prepare a flexible budget for October assuming 11,000 cars are washed. b) Prepare a Flexible Budget Variance and Sales Volume Variance if the Actual Results were: units 11500 Sales 87,900 VC Cleaning Supplies 7,000 VC Electicity 2,500 VC Maintenance 4,450 VC Wages and salaries 5,500 VC Admin 550 Contribution Margin
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per per Month $ 20,800 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Repair-Hour $ 15.00 $ 7.60 $ 0.45 $ 1.80 $ 2,770 $ 5,730 $ 4,610 $ 3,880 Rent Administrative expenses $ 0.60 For example, wages and salaries should be $20,800 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects its sales to be $49.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 < Prev 4 of 4 Next ...... .....
Jake's Roof Repair has provided the following data concerning its costs: Fixed Coat Cost per Repair-Hour $15.00 97.40 per Month $21,200 Wagon and salarion Parts and supplies Equipment depreciation Truck operating expensea Rent Administrative expenses $ 2,710 * 5,740 3 4,640 8 3,840 $0.60 9 1.50 8 0.00 For example, wages and salaries should be $21,200 plus $15.00 per repair-hour he company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $53.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses: Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating…
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost per Repair-Hour $ Wages and salaries Parts and supplies Equipment depreciation $ Truck operating expenses $ $ Administrative expenses $ Rent 21,200 2,770 5,760 4,680 3,840 $ 15.00 $ 7.80 $ 0.55 $ 1.50 $ 0.70 For example, wages and salaries should be $21,200 plus $15.00 per repair-hour. The company expected to work 2,500 repair-hours in May, but actually worked 2,400 repair-hours. The company expects its sales to be $50.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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