Using the data in the following table, do a simple variance analysis for Dons pizza shop for

Question:

Using the data in the following table, do a simple variance analysis for Don’s pizza shop for March. Make sure to mark your variances as favorable or unfavorable.

REQUIRED:

a. What appears to be the best explanation for Don’s performance?

b. What recommendations could you make to Don to help him continue to grow his business?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

See More Books

Question Posted: Oct 04, 2021 02:14 AM

See More Questions

Classifying variances as favorable or unfavorable Required Indicate whether each of the following variances is favorable or unfavorable. The first one has been done as anexample. Item to Classify...
Classifying variances as favorable or unfavorable Required Indicate whether each of the following variances is favorable or unfavorable. The first one has been done as an example. Item to Classify...
The data in the following table represent four-week growth rates for depleted chicks at different dosage levels of vitamin B, by sex. Use the information provided in the next table to answer the...
Given the following marginal utility schedule for good X and good Y for an individual A, given that the price of X and the price of Y are both $10, and that the individual spends all his income of...
Victor calculated his 2012 taxable income to be $49 450. How much federal income tax should he report? Use the 2012 federal income tax brackets and rates in Table 3.3 to answer the question.
Steel mills in three cities produce the following amounts of steel: Location Weekly Production (tons) A. Bethlehem .. 150 B. Birmingham . 210 C. Gary ..... 320 680 These mills supply steel to four...
The defendant is a highly respected corporation with no record of civil or criminal acts by its employees. Hanna, the CEO, suggested to the board of directors that the company should have an ethics...
Roman Products Inc., has two divisions, Milan and Venice. For the month ended March 31, Milan had sales and variable costs of $500,000 and $225,000, respectively, and Venice had sales and variable...
Assume a hypothetical age that has not been assumed by other students. Assume you would like to invest in a zero-coupon bond in order to have $1000,000 in your retirement account when you get to the...
Interplanetary starship captain Jose Ching has been pondering the investment of his recent pilot's bonus of 1,000 stenglers. His choice is restricted to two securities: Galactic Steel, selling for 20...
Returning to Sams Golf Pro Shop in the chapter, Sam really wants to hone in on what part of his sales package is working and what is not. In talking about it, Sam notes, The easiest solution would be...
Go back to the table of proposed measures for McDonalds in Table 2.3. What type of control measures are these? Please list them by type in your answer. TABLE 2.3 A SET OF HYPOTHETICAL MEASURES...
Explain Moores law.
What strategies are needed to optimize collaboration and communication among coalition members? Explain potential ethical issues that might be relevant for the coalition to consider in addressing its...
Scholars of health reform often say that costs and coverage issues relating to public health insurance must start with revisions and tinkering of the U.S. Tax Code. How does the legislative history...
What are 5 reasons way it's important to know how to research using print resources? Are there other reasons it is important to know how to research print resources.
XYZ insurance company began an exploratory project to find ways to reduce claim processing costs. A team of employees from the accounting department identified processes that could be automated using...
The ABC company needs a 3 year equipment that costs $ 2 30 million with zero salvage value and zero book value after 3 years on a straight - line depreciation basis. ABC's tax rate is 4 0 % ABC plans...
Why do we call the temperature 0 K "absolute zero"? How is 0 K fundamentally different from 0C or 0F?
Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?
Explain why individual brands may not follow the product life-cycle pattern. Give an example of a new brand that is not entering the life cycle at the market introduction stage.
Discuss the life cycle of a product in terms of its probable impact on a manufacturers marketing mix. Illustrate using personal computers.
What characteristics of a new product will help it to move through the early stages of the product life cycle more quickly? Briefly discuss each characteristic illustrating with a product of your...
How do you approach the normalization of complex data structures in a multi-dimensional database environment, considering factors such as data redundancy, atomicity, and functional dependencies ?
Problem 5: Suppose that the S&P 500 index has an expected return of 7% and a standard deviation of returns of 20%. The risk-free rate is 2%. a) What is the slope of the Capital Allocation Line (CAL)?...
On December 31 st , 2013, you decided to buy a 40-year Government of Canada bond. The bond had a face value of $100,000. The annual coupon rate on the bond was 5.40%. Coupons were paid semi-annually....

Using the data in the following table, do a simple variance analysis for Dons pizza shop for

Question:

Measure Plan Actual Number of pizzas sold 500 525 Number of grinders sold 150 120 Number of sodas sold 1,000 800 Total revenue $8,700 $8,845 Total operating costs $5,525 $5,600

Step by Step Answer:

ANSWER Don s Pizza Shop has seen a successful March Using the data provided this question will analyze Don s performance and make recommendations to h...View the full answer

Managerial Accounting An Integrative Approach

Students also viewed these Business questions