subject
Business, 26.08.2019 18:00 StephenCurry34

Problem 16-50 prepare flexible budget (lo 16-2) odessa, inc., reports the following information concerning operations for the most recent month: actual (based on actual of 540 units) master budget (based on budgeted 600 units) sales revenue $ 88,320 $ 96,000 less manufacturing costs direct labor 13,632 14,400 materials 11,520 13,440 variable overhead 7,872 9,600 marketing 5,088 5,760 administrative 4,800 4,800 total variable costs $ 42,912 $ 48,000 contribution margin $ 45,408 $ 48,000 fixed costs manufacturing 4,665 4,800 marketing 9,984 9,600 administrative 9,561 9,600 total fixed costs $ 24,210 $ 24,000 operating profits $ 21,198 $ 24,000

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
The movement of an economy from one condition to another and back again
Answers: 2
question
Business, 22.06.2019 03:00
50 points mark brainliest 1) the information in the interactive presentation suggests that people a) utilize the perception of others rather that out own perception b) learn more about the positive aspects of perception c) should monitor how perceptual barriers influence our relationship d) spend more times on our personal relationships rather than our professional relationships 2) you are about to take the dog out for a walk but pause to watch the news because you hear the name of your town being mentioned hearing your town being mentioned on the news is an example of a) stimulation b) interaction c) organization d) interpretation- evaluation 3) tamara thinks ivan is upset with her because hes been unusually quiet today to better interpret the situation and communicate appropriately tamara should a) ask ivan why hes quiet and explain that hes being inconsiderate b) leave ivan alone because hes obviously going through something c) ask her guidance counselor for tips on providing therapy to a friend d) examine her own perception and then check in with ivan about his behavior 4) of the following abilities which is the most important to the perceptual checking process a) critical thinking ability b) creative ability c) memorizing ability d) organizational ability
Answers: 2
question
Business, 22.06.2019 15:00
Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.
Answers: 3
question
Business, 22.06.2019 19:40
The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
Answers: 3
You know the right answer?
Problem 16-50 prepare flexible budget (lo 16-2) odessa, inc., reports the following information conc...
Questions