This topic contains a solution. Click here to go to the answer

Author Question: Daniels Corporation used the following data to evaluate their current operating system. The company ... (Read 123 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539

Question 1

An unfavorable variance indicates that ________.
◦ the actual costs are less than the budgeted costs
◦ the actual revenues exceed the budgeted revenues
◦ the actual units sold are less than the budgeted units
◦ the budgeted contribution margin is more than the actual amount

Question 2

Daniels Corporation used the following data to evaluate their current operating system. The company sells items for $19 each and had used a budgeted selling price of $20 per unit.

ActualBudgeted
Units sold280,000 units279,000 units
Variable costs$980,000$881,000
Fixed costs$58,000$45,000

What is the static-budget variance of revenues?
◦ $299,000 favorable
◦ $260,000 favorable
◦ $260,000 unfavorable
◦ $299,000 unfavorable


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Zoey63294 on Mar 6, 2021

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly




Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library