Please help me with the solution Activity The company Nordik Int. It is dedicated to the sale
Fantastic news! We've Found the answer you've been seeking!
Question:
Please help me with the solution
Transcribed Image Text:
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 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
Expert Answer:
Answer rating: 100% (QA)
a To determine the variation by product we need to calculate the difference between the actual resul... View the full answer
Related Book For
Business Law and the Legal Environment
ISBN: 978-1111530600
6th Edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson
Posted Date:
Students also viewed these finance questions
-
It is required to design a five-speed manual gearbox for a typical car (5 forward and 1 reverse speeds). In particular, it is required to: 1- Select a typical car make and model and look for the...
-
Please help me with this its urgent please help me for freee How will the social sciences affect your life in the following areas and explain why: Area of Life Effect and why Work / Career Home and...
-
The owner of an 8-story commercial building in Abu Dhabi has approached you for consultation of whether it is economically feasible to retrofit the building's central air conditioning system. The...
-
1. Consider the linear system Ax = b (all integer values) with the notation shown below, 1 -3 -1 -2 - H 5 7 - 2261x11 X2 -4 3 9 16x3 615 LX4- = A X b The element a24 = a has been lost. Assume,...
-
Stoll Co.s long-term available-for-sale portfolio at December 31, 2014, consists of the following. Stoll enters into the following long-term investment transactions during year 2015. Jan. 29 Sold...
-
Mexico has daily (rather than hourly) minimum wage laws. In 2013, the daily minimum wage in Mexico was about 60 pesos per day, and the exchange rate between Mexican pesos and U.S. dollars was about...
-
Which of the following is a primary activity in the value chain? a. purchasing c. post-sales service b. accounting d. human resource management
-
1. What are some of the steps that led to creating eHarmony? 2. What advantages did eHarmony have because it was not the first entrant into the online dating market space? 3. What disadvantages might...
-
Daewoo company is considering undertaking a new project. The initial cost of the project is $100,000 and the expected life is two years. Management estimates that there is 60 percent chance that the...
-
In receiving terminals of petrochemical plants, some of the liquid natural gas (LNG) storage Tanks are designed to be in ground, to avoid receiving radiation from the sun and also being protected...
-
During the current year, the Brewer Company acquired all of the outstanding common shares of Miller Inc. for $12,200,000 in cash. The book values and fair values of the acquired Miller assets and...
-
How should follow-up actions and next steps be communicated in a business proposal? Explain the importance of outlining clear action items and the process for ensuring they are carried out.
-
5. A 2.0 kg trolley moving east at 3.0 m/s collides head-on with a 1.0 kg trolley moving west at 2.0 m/s.. After the collision, the 2.0 kg trolley has a velocity of 1.0 m/s [E]. [4 marks] (a) What is...
-
Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Total $ 224,000 128,000 Contribution margin 96,000 Per Unit $...
-
What role do ethics have in the corporate communication style "Securing Continuity" for a company like Dow Chemical.
-
As we saw in Hemingway's A Farewell to Arms, Frederic Henry's perspective on war changed because of his experiences. Everyone has unique experiences, and many of them cause us to change how we view...
-
Edmans (2011) shows that high levels of employee satisfaction generate superior stock returns. Briefly explain potential mechanisms on how employee satisfaction could affect a company's stock return.
-
For a nonzero constant a, find the intercepts of the graph of (x 2 + y 2 ) 2 = a 2 (x 2 - y 2 ). Then test for symmetry with respect to the x-axis, the y-axis, and the origin.
-
Did Exxon set the prices in bad faith? Exxon marketed gasoline to retailers in three ways. Franchisees (who owned local gas stations) were required to purchase a minimum number of gallons per month....
-
Judith and John Brooks hired Wayne Hayes to build a house. The contract required Hayes to provide all necessary labor and materials and perform all work of every nature whatsoever to be done in the...
-
Did Harrahs requirement that women wear makeup violate Title VII? Darlene Jespersen was a bartender at the sports bar in Harrahs Casino in Reno, Nevada. She was an outstanding employee, frequently...
-
Kipper Company processes a scouring powder through its Compounding Department and Packaging Department. In the Compounding Department, direct materials are added at the beginning of the process, and...
-
Chauncer Manufacturing Corporation produces a dandruff shampoo in three consecutive processes. The costs of Department 1 for June 2019 were as follows: Department 1 handled the following units during...
-
Sweet Fragrances Company uses process costing to account for the manufacture of its perfume. The factory consists of three departments: Blending, Bottling, and Packaging. The production manager of...
Study smarter with the SolutionInn App