Study Appendix 13. Consider the following data for the Rivera Company: From the preceding information, fill in
Question:
Study Appendix 13. Consider the following data for the Rivera Company:
From the preceding information, fill in the following blanks. Be sure to mark your variances.
F for favorable and U for unfavorable.
(a) Flexible-budget variance €______ Fixed €______ Variable €______
(b) Production-volume variance €______ Fixed €______ Variable €______
(c) Spending variance €______ Fixed €______ Variable €______
(d) Efficiency variance €______ Fixed €______ Variable €______
Transcribed Image Text:
Actual incurred Budget for standard hours allowed for output achieved Applied Budget for actual hours of input Factory overhead Fixed Variable 14,400 13,600 12,500 11,000 11,600 11,000 12,500 11,400
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
To address the parts of the question lets define each of the variances mentioned 1 Flexiblebudget variance is the difference between the actual costs incurred and the costs allowed for the actual leve...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
Introduction To Management Accounting
ISBN: 9780273737551
1st Edition
Authors: Alnoor Bhimani, Charles T. Horngren, Gary L. Sundem, William O. Stratton, Jeff Schatzberg
Question Posted:
Students also viewed these Business questions
-
Consider the following data for the Rivera Company: From the above information, fill in the blanks below. Be sure to mark your variances F for favorable and U forunfavorable. Factory Overhead Fixed...
-
Study Appendix 13. Consider the following data for the Hamlin Company: From the preceding information, fill in the following blanks. Be sure to mark your variances F for favorable and U...
-
Consider the following data regarding factory overhead: Using the above data, fill in the following blanks with the variance amounts. Use F for favorable or U for unfavorable for eachvariance. Total...
-
The Shannon Township Debt Service Fund accumulates resources to pay its $2 million general obligation debt. The debt is payable in equal annual installments of principal over 10 years with 5%...
-
Calculate the electric field at the center of a square 52.5cm on side if one corner is occupied by a + 45.0C charge and the other three are occupied by 27.0C charges.
-
Select the Agribusiness time-series database. Create a histogram graph for onions and for broccoli. Each of these variables is approximately normally distributed. Compute the mean and the standard...
-
On January 1,2010, you borrowed $10,000 on a five-year, 8% note payable. At December 31,2010, you should record a journal entry that includes which of the following? a. Note Payable of $10,000 b....
-
At the beginning of 2009, Wheel R. Dealer purchased the net assets of Consolidated Corp. by issuing 10-year, 10% bonds with a face value of $100,000,000, with semiannual interest payments made on...
-
Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy / paste a formula across a row or down a column,...
-
Study Appendix Explain the difference between resource-consumption rates and cost per driver unit.
-
The Plymouth Company differs from the Gibraltar Company (described in problem 13.55) in only one respect: it has both variable and fixed manufacturing costs. Its variable costs are .14 per liter and...
-
Ansel purchased raw land three years ago for $200,000 to hold as an investment. After watching the value of the land drop to $150,000, he decided to contribute it to Mountainside Developers LLC in...
-
Given the Horizontal wood member shown that weights 20 lbs/ft and supports three vertical loads F1 = 200 Lbs, F2 = 100 Lbs, F3 = -400 Lbs, and is supported by a Pin at A and a Roller at B, calculate...
-
On June 30, 2020, Wisconsin, Inc., issued $274,800 in debt and 17,700 new shares of its $10 par value stock to Badger Company owners in exchange for all of the outstanding shares of that company....
-
A muon is moving 4 m/s east when it experiences a constant acceleration of 8 m/s west. During this period it has a displacement of 168 m west. Determine how long the muon was accelerating and what...
-
4. A net force of 1,478 N accelerate a car from rest to 79.97 km/h in 6.181 seconds. What is the weight of the car?
-
You are trying to sell your company idea and product idea to an investor(s). You are requesting a $1,000,000 investment for 20% of your company. Within this presentation, you must show why your...
-
Johnson Corporation purchased all of the outstanding common stock of Smith Corporation for $11,000,000 in cash. The book value of Smith's net assets (assets minus liabilities) was $7,800,000. The...
-
A city maintains a solid waste landfill that was 12 percent filled at the end of Year 1 and 26 percent filled at the end of Year 2. During those periods, the government estimated that total closure...
-
Is a well-known brand valuable only to the owner of the brand?
-
Suggest an example of a product and a competitive situation where it would not be profitable for a firm to spend large sums of money to establish a brand.
-
List five brand names and indicate what product is associated with the brand name. Evaluate the strengths and weaknesses of the brand name.
-
By creating a logical model of evaluation aimed at carrying out activities such as community health clinics to detect and educate adults over 65 years of age about chronic diseases such as...
-
Stratified samples are broken up into groups. The difference between these and cluster sampling is clustering is broken up geographically as you said. Is it possible that when selecting a sample, we...
-
As a nurse leader you have to be able to have the willingness to be in a place of flexibility for change. Sometimes change can cause stress that can cloud our thoughts and ability to connect. Share a...
Study smarter with the SolutionInn App