Business, 28.11.2019 21:31 floihqrrigweo

Flexible budget, planning budget, activity variances - during september, comehome corporation budgeted for 36,500 customers, but actually served 35,000 customers. the company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

revenue: $30.20q
wages: $12.50q
supplies: $4.20q
insurance: $17,400 per month
miscellaneous expense: $12,000 month + $2.40q
prepare the company's planning budget for september (use thursday’s lecture slides and exhibit 9-2 of your text as a guide).
prepare the company's flexible budget for september (use thursday’s lecture slides and exhibit 9-5 of your text as a guide).
calculate the company’s activity variances for each line item for september (use thursday’s lecture slides and exhibit 9-6 of your text as a guide). you must also indicate whether each specific activity variance is favorable (‘f’) or unfavorable (‘u’).

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:00, nicoleaaliyah

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

Answers: 1

continue

Business, 22.06.2019 09:20, swello1937

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Answers: 2

continue

Business, 22.06.2019 17:00, HourlongNine342

Serious question, which is preferred in a business? pp or poopoo?

Answers: 1

continue

Business, 22.06.2019 17:30, gabedafame26

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?

Answers: 2

continue

You know the right answer?

Flexible budget, planning budget, activity variances - during september, comehome corporation budget...