Corporation runs popular "Hot and Cold, Fast and Slow Yoga" workshops. The corporation bases its budget on two measures of activity: number of participants and number of workshops. In 2021, the corporation budgeted for 300 participants and 15 workshops. The management used the following data in its budgeting: Fixed cost per year VC per Participant VC per Workshop Tuition per Participant $100 Revenue Instructor wages Workshop supplies Administrative expenses $4,000 $1,000 $2,000 Actual results for the year appear below: Number of Participants Number of Workshops Revenue Instructor wages Workshop supplies Administrative expenses Q) What is the f 280 18 $25,760 $7,000 $6,300 $0 $10 $20 $20 $50 $30 $9,840 's total spending variance (l.e. variance for all expenses together) for 2021? (Just the amount.)

Q: pecia

A: Special Journals – Definition Special journals are those that are designed to handle certain…

Q: Make 3 problems with solutions and answer involving interest

A: In finance 'interest' refers to the monetary charge involved when money is borrowed. For example…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: Determine the so-called Theta of the Black-Scholes (BS) Formula, i.e. OBS

A: For European Call options (non dividend paying stocks) theta to be calculated as follows using BSM.…

Q: A. Define transfer pricing and elaborate on FOUR (4) of its purposes.

A: Transfer pricing is the price which is to be calculated if there is any transaction between related…

Q: Can solve question 4 to 7?

A: Salary of the Darnell Johnson = 63500Contribution by his employer toward the retirement plan = 6% of…

Q: Definition of Marco

A: Macroeconomics is the study of how the economy behaves in broad outline. It is largely concerned…

Q: 4. What purpose do the disclosure notes serve?

A: Financial Statement:   It is the end reports of an organization prepared at the end of the financial…

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: Explanation 1031 like-kind exchange

A:

Q: Q1:Examples of the following: Gharrar in Wordings Gharrar in Subject Matter Gharrar in…

A: Examples of gharar in wordings (1) In finanace gharar is discovered among derivatives transactions…

Q: i need details explanatio

A: Under FIFO method, unit purchase first, sold first. Cost of goods sold means we need calculate cost…

Q: Which of the following value is concerned with the way we approach the end states?

A: Option a

Q: What is MM Proposition I?

A: Modigliani and Miller’s approach is an element of economic theory and it forms the basis for modern…

Q: Distinguish between vesting and non-vesting conditions.

A: Share-based payments: These payments agreements are the transactions in which a third party is…

Q: Please answer 4a above

A: Introduction:- Return on investment is calculated by dividing the net income on an investment by the…

Q: 5. What are vulnerabilities? Give some examples.

A: Vulnerabilities refers to the possibility of being exposed, harmed and attacked of an application…

Q: Define regulation D

A: The Accounting Standards are specific set of principles and procedures set by the authorized bodies…

Q: Explain- Agency cost.

A:

Q: 91: Ty pes of Busniss?

A: Types of business means forms in which business can be done. Three forms of business are: Sole…

Q: 88 MULTIPLE CHOICE Question 6 Listen If f(x)= and g(x) = x²-16, then what is the value of f(g(4))? A…

A:

Q: Is there a way you can provide an example for number 3?

A: Break-even level is computed by the company at which company has sufficient amount of revenue…

Q: please explain the answer B

A: In the net realizable value method, joint costs are allocated based on the total final sales value…

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.