Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mountain sport equipment company projected sales o

Mountain Sport Equipment Company projected sales of 78,000 units at a unit sale price of...

60.1K

Verified Solution

Question

Accounting

image
Mountain Sport Equipment Company projected sales of 78,000 units at a unit sale price of $12 for the year 2015. Actual sales of 2015 were 75,000 units at $14.00 per unit. Variable costs were budgeted at $3 per unit and the actual amount was $4 per unit. Budgeted fixed costs totaled $375,000, while actual fixed costs amounted to $400,000. What is the sales volume variance for total revenue? Which of the following is the correct formula to measure cost variance? Which of the following formulae is the correct formula to measure the efficiency variance? Which of the following will result in an unfavorable direct materials efficiency variance? Which of the following best describes standard costs? Responsibility reports for a profit center include Long-term investments are made by the manager of an investment division for the purpose Which of the following is a disadvantage of decentralization

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

Given f(x,y) = 2 ; 0< x ≤ y < 1 a. Prove that f(x,y) is...

Basic Math
Q

19 To answer questions 18 20 use the formulas for functions of the difference and...

Geometry
Q

Use the power property to rewrite each expression. Assume all variables are positive.log, (a-4)=The answer...

Basic Math
Q

A personal trainer is analyzing their clients data and created the chart below The trainer...

Statistics
Q

Suppose in individual makes an initial investment of $1,400 in an account that earns 8.4%,...

Algebra
Q

Perez planned to make and sell 36,000 copies...

Accounting
Q

One Device makes universal remote controls and expects to sell 500 units in January, 800...

Accounting
Q

1. Calculate the number of helmets Head-First must sell to earn operating income of $97,500....

Accounting
Q

Use the above information to determine this company's cash flows from financing activities. (Amounts to...

Accounting
Q

Please briefly discuss what are cost drivers

Accounting
Q

On January 1, 2019, Wesson Corporation signed a 5-year noncancelable lease for an office building....

Accounting
Q

On January 1, 202X, Patrick Corporation had 1,100,000 shares of common stock outstanding. On March...

Accounting