Chapter 1, Problem 23DQ

I need help finding the accurate solution to this general accounting problem with valid methods.

in the “Problems – Series A” section 8-19A of Ch. 8, “Performance Evaluation” of Fundamentals of Managerial Accounting Concepts. Scenario: The Redmond Management Association held its annual public relations luncheon in April Year 2. Based on the previous year’s results, the organization allocated $25,290 of its operating budget to cover the cost of the luncheon. To ensure that costs would be appropriately controlled, you, the treasurer, prepared the following budget for the Year 2 luncheon.   Usin Excel—showing all work and formulas—to complete the following: I need help  Preparing a flexible budget. Computing the sales volume variance and the variable cost volume variances based on a comparison between the master budget and the flexible budget. And Computing flexible budget variances by comparing the flexible budget with the actual results.

I am searching for the accurate solution to this financial accounting problem with the right approach.

Cher Enterprises reported net income of $2,100,000. The average total liabilities were $6,800,000 and the average total stockholders' equity was $7,400,000. Interest expense was $250,000 and the tax rate was 30%. What is the return on assets ratio?

The manufacturing overhead is_.

Can you explain this general accounting question using accurate calculation methods?

Please provide the correct answer to this financial accounting problem using valid calculations.

Please provide the correct solution to this financial accounting question using valid principles.

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