Hayden Corporation provides you with the following information for the month of June: Required Prepare a flexible
Question:
Hayden Corporation provides you with the following information for the month of June:
Required
Prepare a flexible budget for Hayden Corporation forJune.
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Transcribed Image Text:
Actual (based on actual sales of 21,000 units) Master Budget (based on budgeted sales of 20,000 units) $1,155,000 $1,200,000 Sales revenues Less Variable costs Direct material. Direct labor Variable overhead Marketing Administration 4 147,000 136,500 158,500 51,000 120,000 160,000 160,000 50,000 4 Total variable costs Contribution margin . . . S615,000 S 660,000 Fixed costs Manufacturing. . Marketing - Administration. 256,000 57,000 203.000 250,000 50,000 $ 200,000 $ 500,000 $ 160,000 . Total fixed costs. $ 99,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (16 reviews)
Flexible Budget a Calculations Sales revenue 1260000 1200000 x 21000 200...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Question Posted:
Students also viewed these Managerial Accounting questions
-
The Ethan Company provides you with the following information on December 31, 2015 as it prepares to close its books for the year Accounts Receivable Balance (before write...
-
Cocoa Confections provides you with the following information for the most recent year of operations. The firm informs you that manufacturing overhead equals 150% of direct labor costs. Direct...
-
Suppose a firm provides you with the following information for the most recent period of operations: (a) Sales = 500 units; (b) Revenues = $15,000; (c) Variable manufacturing costs = $5,000; (d)...
-
Explain (a) the ways to transfer title to personal property, (b) the three elements of a valid gift, and (c) the difference in the laws treatment of abandoned property, lost property, and mislaid...
-
Consistent Company has been paying regular quarterly dividends of $2.00 and wants to pay the same amount in the third quarter of 2013. Given the following information, (1) What is the total amount...
-
Mesitylene (1, 3, 5-trimethylbenzene) is the most stable of the trimethylbenzene isomers. Can you think of a reason why? Which isomer do you think is the least stable? Make a molecular model of each...
-
Think of a time you were talking with someone and felt yourself getting angry. How did you handle it? What steps would you take to keep from getting angry with a customer who was being unreasonable?
-
Mickey, Mickayla, and Taylor are starting a new business (MMT). To get the business started, Mickey is contributing $200,000 for a 40% ownership interest, Mickalya is contributing a building with a...
-
In Sunland Company, the predetermined overhead rate is 80% of direct labor cost. During the month, $218000 of factory labor costs are incurred, of which $190000 is direct labor and $28000 is indirect...
-
Other information: Intercompany sales: On January 1, Year 10: Salt had on hand $30,000 of inventory purchased from Pillar. Pillar had on hand $90,000 of inventory purchased from Salt. Both companies...
-
Use the information for Tolstoy Corporation in Problem 16-43 to prepare a profit variance analysis like the one in Exhibit16.5. Flexible Budget (based on actual activity of Master Budget (based orn...
-
Refer to the data in Problem 16-46. Prepare a sales activity variance analysis for Hayden Corporation like the one in Exhibit16.4. Flexible Budget Sales Activity Master Budget (based on planned...
-
Tires salvaged from a train wreck are on sale at the Getrich Tire Company. Of the 15 tires offered in the sale, 5 have suffered internal damage and the remaining 10 are damage free. You randomly...
-
Jess is a paralegal who received his license four months ago. He works for a senior paralegal named Loralei who is representing the defendant on a complicated collection matter. Jess and Lorelai...
-
a chart showing the relevant time periods of the offering process including the pre-filing or "quiet period", "the waiting period" and the post effective period. Make a quick and crude list of...
-
The SEC has provided certain safe harbors from the prohibition on both Section 5's restrictions on pre-filing offers and the definition of a prospectus for companies not yet public? Name and describe...
-
Please answer TWO discussions 1. Hello Class, Here in the united states, the duty to act responsibly and reasonably is something one should apply when driving whether you're on s highway or not. One...
-
Chapter 13 - Contracts: https://bookshelf.vitalsource.com/reader/books/9781260512700/epubcfi/6/52[%3Bvnd.vst.idref%3Dchapter13]!/12/2/2/2[page_323]/1:6[e%203%2C23] Chapter 16 - Capacity and Legality:...
-
How, when and why should profiling occur for an organization you are familiar with.
-
Compare and contrast debt financing and equity financing as ways of starting a new business. Does one have an overall advantage over the other? What situation is more favorable to the use of debt...
-
The modern philosopher Jean-Jacques Rousseau formulated a simple model of population growth for eighteenth-century England based on the following assumptions: The birthrate in London is less than...
-
Refer to the data in Exercise 8-48. The plant controller believes that keeping track of the three models and separating costs in the Assembly and Customization Departments is not worth the time and...
-
Refer to the data in Exercise 8-48. The marketing manager cannot believe that the controller wants to treat all bicycles the same. He says that in order to understand where to target marketing...
-
In the context of time-driven ABC, what are time equations?
-
1-2. Draw graphs of the following functions using transformations: 1. y = 2x-1 x-2' 2. y log2x+1|- 3.
-
Assume a simultaneous open market purchase of 100 million from the Bank of England and a repayment of a discount loan of 5 million from Bank A to the Bank of England. Show the overall change in their...
-
Let 1 f(z) = (2-1)(x-2) Find the Laurent expansion of f about z = 0 in the region {ze C: 1
Study smarter with the SolutionInn App