Explain the actual revenue turns, Accounting Basics

+44 141 628 6080
[email protected]

Explain the actual revenue turns

The following budgeted cost information is for 2013, when revenue is expected to be $201,600:

Direct Materials 30,240
Direct Labor (all variable) 18,144
Variable overhead 40,320
Fixed overhead 15,935
Variable selling and administration 8,064
Fixed selling and administration 15,760

If budgeted revenue and cost relationships dont change in 2013 but actual revenue turns out to be $246,400, what will profit be?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain the actual revenue turns

Reference No:- TGS0682039

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : The pacific northwest had slowed during recent months

The rate per mile reflects the fact that more miles result in more gas, oil, and maintenance. The rate per truck hour reflects the fact that trucks that are waiting at a jobsite are kept running (so the concrete mix won't solidify), and drivers co

Q : Evaluate the overall fit of the model

a. Interpret the slope in the context of the problem. b. Evaluate the overall fit of the model.

Q : Find probability that car was manufactured at plant a

5% of car made at plant A have a malfuction. what is the probability that the car was manufactured at plant A and has a defect?

Q : Compute the difference between the net present value

The 4 Canon operators are paid $8.10 an hour each. They work a 39-hour week and 50 weeks a year. The machines break down periodically, resulting in annual repair costs of $960 for each machine. Supplies cost $960 a year for each machine.

Q : Explain the actual revenue turns

The following budgeted cost information is for 2013, when revenue is expected to be $201,600.If budgeted revenue and cost relationships dont change in 2013 but actual revenue turns out to be $246,400, what will profit be?

Q : Problem-pearson coefficient of skewness

A study of the net sales of a sample of small corporations revealed that the mean net sales is $2.1 million, the median $2.4 million, the modal sales $2.6 million and the standard deviation of the distribution is $500,000. What is the Pearson's co

Q : Run a linear regression

a. Run a linear regression of HP on MI, R and V and obtain a regression summary output. b. What is the equation of the regression line?

Q : Find probabililty that exactly eight will go to college

In a suburban area, past records revealed that 50 percent of all the high school graduates go to college. From 20 graduates selected at random, what is the probabililty that exactly 8 will go to college?

Q : Greater coefficient of variation

The annual incomes of Unique, another firm similar to Elly's Industries, were also studied and found to have a mean of $38,900 and a standard deviation of $6,612. What company has the greater coefficient of variation?

1935093

Questions
Asked

3,689

Active Tutors

1412577

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain the actual revenue turns

Reference No:- TGS0682039

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : The pacific northwest had slowed during recent months

Q : Evaluate the overall fit of the model

Q : Find probability that car was manufactured at plant a

Q : Compute the difference between the net present value

Q : Explain the actual revenue turns

Q : Problem-pearson coefficient of skewness

Q : Run a linear regression

Q : Find probabililty that exactly eight will go to college

Q : Greater coefficient of variation

Picot question to address mental health disparity

Statement regarding foods selected in a restaurant

Male complaints of cough, chills, fever, shortness of breath

How does malnutrition impact our health

What data systems could be implemented to improve care

Relationship between poverty and career decision-making

Which children are disproportionately afflicted

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain the actual revenue turns

Reference No:- TGS0682039

Recent Questions Asked Accounting Basics

Q : The pacific northwest had slowed during recent months

Q : Evaluate the overall fit of the model

Q : Find probability that car was manufactured at plant a

Q : Compute the difference between the net present value

Q : Explain the actual revenue turns

Q : Problem-pearson coefficient of skewness

Q : Run a linear regression

Q : Find probabililty that exactly eight will go to college

Q : Greater coefficient of variation

Asked Questions