Business, 09.06.2020 20:57 SithLeo

Cosden 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. Fixed cost per month Variable cost per wellRevenue $4,700Salaries and Wages $41,300 $1,000Service Materials $600Other Expenses $40,200When the company prepared its planning budget at the beginning of May, it assumed that 29 wells would have been serviced. However, 31 wells were actually serviced during May. Prepare the Planning Budget, Flexible Budget and variance analysis for Cosden Corporation.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 14:30, yahyaomf

If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?

Answers: 1

continue

Business, 21.06.2019 19:20, GreenHerbz206

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Answers: 1

continue

Business, 22.06.2019 08:00, royalkk

In addition to using the icons to adjust page margins, a user can also use

Answers: 1

continue

Business, 22.06.2019 11:20, greatsavagebeast

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Answers: 3

continue

You know the right answer?

Cosden Corporation is an oil well service company that measures its output by the number of wells se...