Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. white mountain sled company manufactures children'

White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is...

60.1K

Verified Solution

Question

Accounting

image

White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is as follows. Probl- Sales Vari (LO 11-9) 2. Sales v $50,000 Sleds sold Budget 6.000 Sales Variable costs Contribution margin Fixed costs Operating income Actual 5,000 $240,000 150,000 $ 90,000 84,000 $ 6.000 $300,000 180.000 $120,000 80,000 $ 40.000 The company uses sales variance analysis to explain the difference between budgeted and actual sales revenue. Required: Compute the following variances and indicate whether each is favorable or unfavorable. 1. November sales price variance. 2. November sales volume variance. (CMA, adapted)

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

1 Which of the following curves may represent the speed of the electron in a...

Physics
Q

In a certain space to be air conditioned the sensible and latent heat loads are 20.60 kW...

Mechanical Engineering
Q

In circle D with the measure of minor arc CE 30 find m CFE C...

Basic Math
Q

Find the median for the data items in the given frequency distribution 1 3 5...

Basic Math
Q

Linear relations are not functions when they appear graphically as O horizontal lines O vertical...

Algebra
Q

Dnde puede ver una lista de todas las transacciones que se han emparejado o agregado...

Accounting
Q

Problem 10-16 Comprehensive Variance Analysis [LO10-1, LO10-2, LO10-3] Highland Company produces a lightweight backpack that...

Accounting
Q

Use the following information to answer the next six questions: A Determine the Working Capital...

Accounting
Q

Mr. Saeed has a small bakery in Matrah; he believes it is foolish to report...

Accounting
Q

When constructing a partnership agreement, one consideration may permit admission of partner(s) by a less-than...

Accounting
Q

Excelsior Corporation has the following headings on its December 31, 2019 Balance Sheet: Total Current...

Accounting
Q

Piper Recreational Vehicles (PRV) modifies vans into recreational vehicles. PRV offers two models, the XC-2...

Accounting