Waterford company maintains a cafeteria for its employees. for june, variable food costs were budgeted at $64 per employee based on a budgeted level of 390 employees in other departments. during the month, an average of 380 employees worked in other departments and actual food costs totaled $11,150. how much food cost should be charged to the other departments at the end of the month for performance evaluation purposes?

a. $24,960.

b. $11,150.

c. $24,320.

d. $11,443.

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: