Zany Brainy projected current year sales of 50,000 units at a unit sale price of $20.00....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Zany Brainy projected current year sales of 50,000 units at a unit sale price of $20.00. Actual current year sales were 55,000 units at $22.00 per unit. Variable costs were budgeted at $14.00 per unit and actually totaled $15.00 per unit. Budgeted fixed costs totaled $400,000, while actual fixed costs amounted to $420,000. What is the Zany Brainy's sales volume variance for total revenue? $110,000 favourable b. $100,000 unfavourable $110,000 unfavourable d. $100,000 favourable a. C. Zany Brainy projected current year sales of 50,000 units at a unit sale price of $20.00. Actual current year sales were 55,000 units at $22.00 per unit. Variable costs were budgeted at $14.00 per unit and actually totaled $15.00 per unit. Budgeted fixed costs totaled $400,000, while actual fixed costs amounted to $420,000. What is the Zany Brainy's sales volume variance for total revenue? $110,000 favourable b. $100,000 unfavourable $110,000 unfavourable d. $100,000 favourable a. C.
Expert Answer:
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
Posted Date:
Students also viewed these accounting questions
-
What is the difference between s and sb? What is the difference between sb and sb?
-
What is the difference between s and S?
-
Fixed costs per annum P60 000 Unit selling price 20 Unit variable cost 10 Relevant range 4 00012 000 units REQUIRED: Calculate the following: a. Break-Even Point in b. Units to be sold to obtain the...
-
Trade promotions refer to offers made to Group of answer choices channel members non-profit organizations businesses consumers Question 2 Consumer promotions refer to offers made to Group of answer...
-
How does global carrier selection differ from mode selection?
-
(a) How does matrix rank interact with scalar multiplication-can a scalar product of a rank n matrix have rank less than n? Greater? (b) How does matrix rank interact with matrix addition-can a sum...
-
Solve Exercise 16 in Chapter 14 assuming that the annual storage cost of cut lumber is \(5 \%\) of its value. Data from Exercises 16 chapter 14 You are considering an investment in a tree farm. Trees...
-
As she headed toward her boss's office, Emily Hamilton, chief operating officer for the Aerocomp Corporation-a computer services firm that specialized in airborne support-wished she could remember...
-
Modify your configuration in Task2 so that the user role is derived from the RADIUS accept message. You will need to add the appropriate Authentication Server Rule for this. Detailed Network...
-
1. Of the five facts that contributed to Kolds failure, which one do you think was the most damaging? Explain your answer. 2. Describe the feasibility analysis that Keurig Kold should have conducted...
-
You won$100000 in alottery and you want to set some of that sum aside for 10 years. After 10 years,you would like to receive $2400 at the end of every 3 months for 8 years. How much of your winnings...
-
For each topic noted, briefly describe each item and explain how each requirement is applied in establishing and maintaining payroll systems. Australian Business Number Employment Termination...
-
You are an administrator at a local not-for-profit (501(c)(3)) hospital. The accounting team is preparing an IRS Form 990 for the current tax year but would like to confirm with the administrative...
-
The organization you obtained the sample budget from has directed all managers to either cut 5%, increase revenue, or reprioritize spending to meet the budget for the next fiscal year. Based on the...
-
Which statement(s) is(are) correct? Withdrawing the same amount from a mutual fund portfolio each year may reduce the investor's principal. Fixed period withdrawal plans provide a constant dollar...
-
The buying process usually begins with ______ and ends with _______. Group of answer choices alternative evaluation; purchase decision recognition of a need or problem; purchase decision recognition...
-
Now that we have constructed a two-level digital circuit together, it's your turn to draw the schematic for a three-level circuit. For the following function: F=(((BC) + A)! A)! 1. Write the truth...
-
Factor and simplify, if possible. Check your result using a graphing calculator. 3 cot 2 + 6 cot + 3
-
What are the advantages of using economic value added (EVA1) instead of ROI?
-
Baker and Klatt (BK) is a law firm that gets a large portion of its revenue from corporate clients. In Year 2, BKs billable hours for corporate clients were up 20 percent from Year 1 levels, but, as...
-
Graphic comparison of budgeted and actual costs a. Given the data shown in the graph, what is the budgeted variable cost per unit? b. What is the flexible budget cost for an activity level of...
-
Use Minitab to obtain the results of Tukey's test for the shear bond strength data from Example 1 in Section 13.1. Approach The steps for obtaining the results of Tukey's test using Minitab, Excel,...
-
Another scientist examines how the presence of a nonnative bird species, the starling, affects other species of birds. Is this a population-level study, a community-level study, or an ecosystem-level...
-
What is the function of the placenta?
Supply And Demand Trading How To Master The Trading Zones 1st Edition - ISBN: 1957999047 - Free Book
Study smarter with the SolutionInn App