Business, 06.05.2020 03:36 shalynmincey

The results for July for Brahms & Sons follow:
Actual (based on actual sales of 64,800 units) Master Budget (based on budgeted sales of 54,000 units)
Sales revenues $ 479,500 $ 490,000
Less
Variable costs
Direct material 59,700 49,000
Direct labor 51,700 61,000
Variable overhead 60,200 61,000
Marketing 20,450 20,000
Administration 18,950 20,000
Total variable costs $ 211,000 $ 211,000
Contribution margin $ 268,500 $ 279,000
Less
Fixed costs
Manufacturing 99,500 97,200
Marketing 18,900 16,200
Administration 82,400 $ 81,000
Total fixed costs $ 200,800 $ 194,400
Operating profits $ 67,700 $ 84,600
Required:1. Prepare a profit variance analysis for Brahms & Sons. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 20:20

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

Answer

Business, 22.06.2019 22:40

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?

Answers: 1

Answer

Business, 23.06.2019 01:30

The stock market is -the section of the newspaper where you learn how much a stock is worth -a place where you buy and sell stock -an organized way for people to buy and sell stocks -the same as a brokerage firm

Answers: 1

Answer

Business, 23.06.2019 02:10

Ben is the owner of a small organization with a few employees. he plans to have a data warehouse for the limited number of users in his organization. which data warehouse is most suited for ben's organization? o a. lan-based o b. stationary o c. distributed od. virtual

Answers: 2

Answer

You know the right answer?

The results for July for Brahms & Sons follow:
Actual (based on actual sales of 64,800 un...

Questions