Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 07, 2024

Ford Motor Company expected to sell 1,500 units with a selling price of $25 per unit. Actual sales were 1,200 units with actual revenue of

Ford Motor Company expected to sell 1,500 units with a selling price of $25 per unit. Actual sales were 1,200 units with actual revenue of $28,000. Calculate the flexible budget variance for sales revenue.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Statistics

Authors: Neil A. Weiss

10th Edition

321989171, 978-0321989178

Students also viewed these Accounting questions

Question

★★★★★

Bill Penny has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. He has therefore determined that...

Answered: 1 week ago

Question

★★★★★

=+3 New tours were started for three bands: Sleeping Lions, There For You and Tomorrows Here. Of these bands, only Tomorrows Here finished its tour by the end of June.

Answered: 1 week ago

Question

★★★★★

What is the primary difference between the aspirational and enforceable sections of the American Psychological Associations (2002) code of ethics? Which would you expect to have the most direct...

Answered: 1 week ago

Question

★★★★★

Use the present value tables 1 and 2 to calculate the issue price of a $600,000 bond issue in each of the following independent cases. Assume interest is paid semiannually. a. A 10-year, 8 percent...

Answered: 1 week ago

Question

★★★★★

The standard byte order for networks is: a . Little endian b . Bi - endian c . Big endian d . Bit - Binary

Answered: 1 week ago

Question

★★★★★

Brothers Herm and Steve Hargenrater began operations of their tool and die shop (H & H Tool) on January 1, 1987, in Meadville, PA. The annual reporting period ends December 31. Assume that the trial...

Answered: 1 week ago

Question

★★★★★

16. A bar of length L = 2 meters slides with a speed v = 30 m/s along the rails of a U-shaped conductor. A magnetic field B = 0.5 T exists within the region and is perpendicular to the plane of the...

Answered: 1 week ago

Question

★★★★★

13. [Anti-gradients] Find the general anti-gradient, f, i.e. f was the original function, and you are given the gradient of the function. (a) Vf(x, y) = (6x+4y, 2+12xy) -2e-2, -6z + 1y) (b) Vf(x,y) =...

Answered: 1 week ago

Question

★★★★★

A load downward load P 250 N is applied at B. It is supported by two truss members with member BA at an angle of 8 = 50 from horizontal and member BC at an angle of 02 35 from vertical. Calculate the...

Answered: 1 week ago

Question

★★★★★

Solve the triangle. A=49,b=8,c=9 a= (Do not round until the final answer. Then round to the nearest tenth as needed.) B= (Do not round until the final answer. Then round to the nearest degree as...

Answered: 1 week ago

Question

★★★★★

Discuss some aspect of the source (http://new-courses.justice.eku.edu/OSH/OSH366/Docs/OSH366W6_SickBuildingSyndrome.pdf) that you found interesting and why

Answered: 1 week ago

Question

★★★★★

Fortune Inc., a manufacturer of plastic materials useful for various textile company, expended P2,050,000 in research and development costs which resulted to a new formula which makes its plastic...

Answered: 1 week ago

Question

★★★★★

1) Past costs are historical costs, and ________. A. constraints only B. productminusmix costs only C. irrelevant to decision making D. makeminusorminusbuy decisions E. expected future revenues only

Answered: 1 week ago

Question

★★★★★

Is It in the self-interest of corporations to adopt famllyfrfendly workplace policies? What policies do you think companies should adopt with regard to maternity/paternity leave, release time for...

Answered: 1 week ago

Question

★★★★★

What are the different forms or mechanisms that employee participation can take, and what are the different issues available for participatory decisions? What type of employee participation do you...

Answered: 1 week ago

Question

★★★★★

Why is it important for nurses to be good leaders? What qualities have you observed from nurses that exemplify effective leadership in action? How do you think these behaviors might have improved the...

Answered: 1 week ago

Previous Question Next Question