subject
Business, 08.03.2021 23:50 redasher

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 7200 units, but its actual level of activity was 7150 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per month Variable element per unit Revenue - $ 34.70 Direct labor $ 0 $ 6.70 Direct materials 0 13.20 Manufacturing overhead 42,000 2.20 Selling and administrative expenses 26,000 0.70 Total expenses $ 68,000 $ 22.80 Actual results for May: Revenue $ 249,300 Direct labor $ 48,110 Direct materials $ 95,680 Manufacturing overhead $ 46,000 Selling and administrative expenses $ 30,520 The revenue variance for May would be closest to:

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?
Answers: 3
question
Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
question
Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
question
Business, 22.06.2019 21:00
In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
Answers: 1
You know the right answer?
Piechocki Corporation manufactures and sells a single product. The company uses units as the measure...
Questions
question
Biology, 05.09.2021 14:00
question
Mathematics, 05.09.2021 14:00
question
Mathematics, 05.09.2021 14:00
question
English, 05.09.2021 14:00
question
Mathematics, 05.09.2021 14:00
question
English, 05.09.2021 14:00
question
Social Studies, 05.09.2021 14:00
question
Chemistry, 05.09.2021 14:00
Questions on the website: 13722363