F Vasquez Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is provided. Product Type 40 inch Actual Sales Revenue Revenue Center Responsibility Report Flexible Sales Budget Flexible Volume Variance U/F Budget Variance $31,700 $30,750 36 inch long 40,150 42,200 36 inch short 36,000 33,000 32 inch 19,100 20,900 What is the sales volume variance for the 36-inch long pipe? OA. $2,050 U OB. $9,100 F OC. $950 F OD. $10,050 U U/F CETTE Static Budget $40,800 33,100 31,100 28,400

F Vasquez Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is provided. Product Type 40 inch Actual Sales Revenue Revenue Center Responsibility Report Flexible Sales Budget Flexible Volume Variance U/F Budget Variance $31,700 $30,750 36 inch long 40,150 42,200 36 inch short 36,000 33,000 32 inch 19,100 20,900 What is the sales volume variance for the 36-inch long pipe? OA. $2,050 U OB. $9,100 F OC. $950 F OD. $10,050 U U/F CETTE Static Budget $40,800 33,100 31,100 28,400

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

please help me
Pre-Fabricators Inc manufacturers and assembles prefabricated concrete and green heart homes for the lower to middle income housing market. There are three support departments and two production departments. The budgeted costs and the normal activity levels for each department are given below. Support Departments Production Departments Design and Personnel Fabrication & assembly Installation Concrete Green Heart Overhead costs $150,000 $3,00,000 $1,820,000 Square feet 200 3600 2,400 60,000 72,000 Number of employees 3 11 6 18 14 Material Cost $45,000 $450,000 $720,000 2,000,000 $1,800,000 Homes (estimated production) 40 60 Prime manufacturing cost per home $78,000 $62,500 The allocation bases are as follows: Design – Number of Employees, Fabrication –Square feet and Installation – Material costs. The production department allocates overhear cost to each case based on the budgeted cases…
Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours $ 1,389,900 QS 17-7 (Algo) Computing departmental overhead rates LO P2 What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? Assembly 12,300 direct labor hours. 5,700 machine hours The departmental overhead rate for Assembly Budgeted manufacturing costs S Budgeted overhead costs Actual machine hours Answer is complete but not entirely correct. Actual machine hours The departmental overhead rate for Finishing $ 1,389,900 5,700 863,500 $ 15,700 $ 55 244 per direct labor hour per machine hour. $ 863,500 Finishing 19,700 direct labor hours. 15,700 machine hours
Subject - account Please help me. Thankyou.
Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Revenue Employee salaries and wages Servicing materials Other expenses A total of 42 wells were actually serviced during October. Multiple Choice O The total expenses in the flexible budget for October would have been closest to: O O O $147,600 $130,029 Fixed Element Variable Element per Well per Month Serviced $149,200 $141,200 $43,800 $38,200 $4,000 $1,000 $ 600
I cant figure this one out can someone help me?