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Other Fields Homework Help Accounting Topic started by: jerico on Mar 13, 2015



Title: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of
Post by: jerico on Mar 13, 2015
Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of 44,000 units at $55 per table. Operating income is anticipated to be $132,000. Budgeted variable costs are $35 per unit, while fixed costs total $660,000.

Actual income for 2015 was a surprising $477,000 on actual sales of 46,000 units at $57 each. Actual variable costs were $33 per unit and fixed costs totaled $627,000.

Required:
Prepare a variance analysis report with both flexible-budget and sales-volume variances.


Title: Re: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sale
Post by: cyborg on Mar 19, 2015
Content hidden


Title: Re: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of
Post by: jerico on Mar 23, 2015
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.


Title: Re: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of
Post by: cyborg on Mar 23, 2015
;D


Title: Re: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on ...
Post by: accountpizza on Oct 31, 2020
Just commenting for the answer


Title: Re: Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on ...
Post by: Shavin on Dec 23, 2020
thank you