Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. hi, please find the volume variance and the flexib

Hi, Please find the Volume Variance and the Flexible Budget Variance for the above. In...

60.1K

Verified Solution

Question

Accounting

image

Hi, Please find the Volume Variance and the Flexible Budget Variance for the above.

In addition, Please state the calculation clearly to filling out the Flexible Budget for above.

Do not copy and paste the previous answers already posted on Chegg as that answer is confusing.

The Guatemala Refugee Association sells one kind of coffee to support its activities. It is in the process of preparing a flexible budget to determine why actual excess of revenue over expenses is below budgeted. Required: Prepare a flexible budget and provide one plausible explanation for each volume and flexible budget variance. (10 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A study was conducted on students from a particular high school over the last 8 years....

Statistics
Q

Sheffield Manufactures Ltd, operate in the printing and packaging industry. They feel that some of their...

Finance
Q

3. A stainless steel sphere of thermal conductivity 16 W/m · K with a diameter of...

Mechanical Engineering
Q

Psychology 150 Divorce Discussion This is a big one - and very hard for a lot of...

Psychology
Q

The Angel Corporation purchased an office building for $600,000 12 years ago. The corporation claimed $80,000...

Accounting
Q

Items 1 10 Match the following definitions on cultural diversity with the corresponding term All...

Biology
Q

Verifying a trigonometric identity Problem typ Try Again Your answer is incorrect Complete the proof...

Basic Math
Q

There are five lab rats (named A, B, C, D, E) that have been trained...

Basic Math
Q

5 Solve for x and y 2y 3 8x 27

Algebra
Q

Required information {The following information applies to...

Accounting
Q

Medina Corp. uses the weighted average method for inventory costs and had the following information...

Accounting
Q

Exercise 18-11 Cost of goods sold computation LO P1 Unimart Precision Manufacturing Beginning inventory Merchandise...

Accounting