Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance
Question:
Transcribed Image Text:
GABLE, INC. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2016 Flexible Budget Variance Flexible Budget 9,000 (c) $ 117,000 (e 49,500 (g)67,500 1 14,600 Actual Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Results 9,000 135,000 51,700 83,300 15,600 $67,700| ω 52,900 (K) IS
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
GABLE INC Flexible Budget Performance Report partial For the Month E...View the full answer
Answered By
Sulfikar Ali
Complete MSc Chemistry and now am a last year student in bachelor degree in education.
My ambition is becoming a PhD in chemistry. So am trying to develop my knowledge and skills by tutorial experience.
Last year worked become a chemistry teacher for higher students.
Now am dropped them and re-joined to studying(BEd) and also working a part-time teacher in three tution centers in native, &one online class.
Teaching chemistry is my passion.
0.00
0 Reviews
10+ Question Solved
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Managerial Accounting questions
-
Complete the Flexible Budget Performance Report for Eastern Shore Milky-Way Travel Company by redoing it on an Excel spreadsheet : See the Blackboard assignment entitled Eastern Shore Milky Way #4 in...
-
Complete the following table by filling in theblanks Quantity Produced Total cost Total fixed cost Total variable cost Average cost Average fixed cost Average variable cost S400 S120 S140 na S110 na
-
How is the flexible budget variance calculated? What does it measure? Who within the organization is typically held responsible for the flexible budget variance?
-
Write a memo to an employee whose work and behavior have been unsatisfactory. (You are the department manager.) Try to motivate the employee to improve his performance. Be brief, direct, honestand as...
-
A creditor is bound by her promise to take less in full satisfaction of the debt. True or false? Explain your answer.
-
A pedestrian moves 6.00 km east and then 13.0 km north. Find the magnitude and direction of the resultant displacement vector using the graphical method.
-
What are three main categories of services offered by financial institutions?
-
The ledger of Perez Rental Agency on March 31 of the current year includes the selected accounts, shown below, before adjusting entries have been prepared. An analysis of the accounts shows the...
-
Using Internet resources, discuss one disease of each of these systems (1) the urinary system, (2) female reproductive system, and (3) the male reproductive system. Include causes, symptoms, and risk...
-
The Dorilane Company specializes in producing a set of wood patio furniture consisting of a table and four chairs. The set enjoys great popularity, and the company has ample orders to keep production...
-
Review your results from Problem P23-28A. Judas standard and actual sales price per mug is $3. Prepare the standard cost income statement for July 2016.
-
Cellular Technologies manufactures capacitors for cellular base stations and other communication applications. The companys July 2016 flexible budget shows output levels of 7,500, 9,000, and 11,000...
-
Use the same list of Sprint airport data speeds (Mbps) given for this exercise. Find the indicated percentile or quartile. P 7 5
-
The following sales procedures were encountered during the regular annual audit of Marvel Wholesale Distributing Company. Customer orders are received by the sales order department. A clerk computes...
-
Briefly discuss the distinction between a physical batch and a logical batch. Are there any differences between the controls that can be exercised over physical and logical batches?
-
Why is the bond equivalent rate important?
-
What is the difference between rate of interest, discount and yield?
-
Give three design guidelines for reporting of data input errors.
-
You measure an archeological specimen and find that the count rate from 14 C is x% of that seen in living organisms. How does this information allow you to establish the age of the artifact? What...
-
You have accepted the engagement of auditing the financial statements of the C. Reis Company, a small manufacturing firm that has been your auditee for several years. Because you were busy writing...
-
What is an eigenvalue problem?
-
Planting Haven has excess cash of $ 15,000 at the end of the harvesting season. Planting Haven will need this cash in four months for normal operations. Requirements 1. What are some reasons why...
-
On January 1, 2014, the Gamekeepers Restaurant decides to invest in Lake Turner bonds. The bonds mature on December 31, 2018, and pay interest on June 30 and December 31 at 6% annually. The market...
-
On August 1, 2014, Planting Haven invests the $ 15,000 (refer to Short Exercise S10-1) in Seeds, Inc. stock. Seeds pays Planting a $ 500 dividend on October 1, 2014. Planting sells the Seeds stock on...
-
A company produces 100 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactures the circuit in-house but is considering outsourcing the circuits at...
-
Las siguientes transacciones ocurrieron durante los meses deseptiembre a diciembre en Nicole's Getaway Spa (NGS).SeptiembreVendi productos de spa a Ashley Welch Beauty por $1,800 acuenta; 1 answer
-
On June 30, 2024, Exploration Incorporated signs a lease requiring quarterly payments each year for the next five years. Each of the 20 quarterly payments is $28,918.40, with the first lease payment...
Study smarter with the SolutionInn App