Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 05 Aug 2017 My Price 8.00

Estrella Coffee

Stellar Packaging Products is experiencing an increase in demand for the month of August as a result of Estrella Coffee’s comeback in its retail outlets. The following fact pattern forms the basis for the static budget:

Stellar Packaging Products

Variable Costs Total

Fixed Costs Total

Raw materials

$ 100,000

  

Direct manufacturing labor

$ 125,000

  

Indirect manufacturing labor

  

$ 105,000

Factory Insurance & Utilities

  

$ 63,000

Depreciation – Pressroom

  

$ 38,500

Repairs and maintenance – factory

  

$ 28,000

Selling, marketing & distribution expenses

$ 40,000

$ 80,000

General and administrative expenses

  

$ 120,000

 

Variable Cost and Volume Data

Plastic

Raw materials = 0.10 lbs x $2.00/lb.

$ 0.20

Direct Labor = 0.025 hr x $10/hr.

$ 0.25

Volume in units

500,000

Sales per unit are $3.00.

Required:

  1. In good form, prepare the static budget operating income in contribution format.
  2. Suppose actual sales demand increases to 700,000 units for August; assume the units are within the relevant range. Prepare the flexible budget for August in contribution format.
  3. Compute and reconcile the sales volume variance for August. Indicate whether the variance is favorable or unfavorable.
  4. In a one page composition, provide an explanation for the change in the sales volume variance for August, and identify the elements which give rise to the difference between the flexible and static budgets. Also explain the reason for completing a flexible budget for the period.

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Aug 2017 11:08 AM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)