Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me with the solution Activity The company Nordik Int. It is dedicated to the sale of aircraft parts, during the month of January

Please help me with the solution

Activity The company Nordik Int. It is dedicated to the sale of aircraft parts, during the month of January 2018 it was dedicated to the sale of 3 products. The accounting report presents the following results: Activity sales line product 1 product 2 product 3 product breakdown 1 product K sales real planned real results 510390 210728 426226 1147344 total sales in $ 1,92,000.00 2,11,500.00 profit plan goals 530000 212000 424000 1166000 units 40,000 45,000 unit sales price 4.8 average price 4.7 average price We can see that the quantity sold was 5,000 units below the planned goal and that the sale price was $ 0.10 above the planned goal. You are asked to: a. Determine variations by product. b. Prepare the Sales Performance Report for Product 1 as supplementary data for the Product L report. Actual unit sales 52,899 Actual sales $ 317,890.00 Profit plan Units 53,000 Profit plan Amount $ 318,000.00 c. Calculate the variations in sales by preparing Panel A of Calculations d. Panel B graphic presentation of the Variation and. Three-way analysis

Step by Step Solution

3.40 Rating (162 Votes )

There are 3 Steps involved in it

Step: 1

a To determine the variation by product we need to calculate the difference between the actual resul... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson

6th Edition

1285143310, 1111530602, 978-1285143316, 9781111530600, 978-1111530600

More Books

Students also viewed these Finance questions

Question

=+c) Do you find evidence of a seasonal effect? Explain.

Answered: 1 week ago

Question

Use translations to graph f. f(x) = x-/2 +1

Answered: 1 week ago