{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-12T05:13:35-04:00", "answer_date": "2024-09-12 05:13:35", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10398008", "url": "\/study-help\/questions\/jens-italian-ice-shop-had-anticipated-selling-10000-quarts-of-10398008", "question_creation_date_js": "2024-09-12T05:13:35-04:00", "question_creation_date": "Sep 12, 2024 05:13 AM", "meta_title": "[Solved] Jens Italian Ice Shop had anticipated sel | SolutionInn", "meta_description": "Answer of - Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in July, but actually sold 13,000. Their origina | SolutionInn", "meta_keywords": "jens,italian,shop,anticipated,selling,10,000,quarts,gelato,july,sold,13,000,original", "question_title_h1": "Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in July, but actually sold 13,000. Their original budget was based on a projected", "question_title": "Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in", "question_title_for_js_snippet": "Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in July, but actually sold 13,000 Their original budget was based on a projected sellling value of $5 00 per quart with variable costs of $4 00 per quart During July, sales totaled $65,000 and expenses totaled $53,000 Quantify the reasons for the difference in their profitability versus their origonal plan utilizing the flexible budget approach Volume variance Spending and Revenue Variance Total Varience ", "question_description": "
Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in July, but actually sold 13,000. Their original budget was based on a projected sellling value of $5.00 per quart with variable costs of $4.00 per quart. During July, sales totaled $65,000 and expenses totaled $53,000.
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Quantify the reasons for the difference in their profitability versus their origonal plan utilizing the flexible budget approach.<\/div>
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Volume variance ____________________<\/div>
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Spending and Revenue Variance _____________<\/div>
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Total Varience ___________________<\/div> <\/div>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-12 05:13:35", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/business-communication\/26-for-just-139-per-person-we-have-arranged-a-2000385", "description": "26. For just $139 per person, we have arranged a two-night getaway package to Orlando that includes hotel accommodations, Pleasure Island tickets, and complimentary breakfasts.", "stars": 0 }, { "url": "\/the-general-ledger-of-stephens-products-inc-contains-the-following", "description": "The general ledger of Stephens Products, Inc. contains the following control account: If the materials charged to the one uncompleted job still in process amounted to $3,400, what amount of labor and...", "stars": 3 }, { "url": "\/study-help\/questions\/jens-italian-ice-shop-had-anticipated-selling-10000-quarts-of-10398008", "description": "Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in July, but actually sold 13,000. Their original budget was based on a projected sellling value of $5.00 per quart with variable...", "stars": 3 }, { "url": "\/study-help\/questions\/if-the-return-on-stock-a-in-year-1-was-6309214", "description": "If the return on stock A in year 1 was 1 %, in year 2 was 20 %, in year 3 was 11 % and in year 4 was 20 %, what was the standard deviation of returns for stock A over this four year period? (Round...", "stars": 3 }, { "url": "\/study-help\/questions\/incoming-goods-flow-into-us-at-the-rate-of-423-1006955", "description": "Incoming goods flow into US at the rate of $423 billion every year. Imagine the supply chain to be a long pipeline where goods are put in at one end, and they come out at the other end (at the...", "stars": 3 }, { "url": "\/study-help\/questions\/a-grocery-store-wants-you-to-help-solve-the-following-1007529", "description": "A grocery store wants you to help solve the following problem: They want to get a sense of how many people are currently following the recommended safety practices that is associated with the...", "stars": 3 }, { "url": "\/study-help\/questions\/s-3a-in-the-diagram-below-find-the-phase-percentages-1025780", "description": "S 3.a) In the diagram below, find the phase percentages of alloy M at T1, T2 and T3 temperatures? b) What kind of alloy system does the diagram shown in the figure belong to? explain? (12 p.) c)...", "stars": 3 }, { "url": "\/study-help\/questions\/a-rectangular-duct-that-has-an-aspect-ratio-of-20-1025814", "description": "A rectangular duct that has an aspect ratio of 2.0 would have what ratio of air velocity compared to a round duct?", "stars": 3 }, { "url": "\/study-help\/questions\/a-major-typhoon-has-caused-disruption-in-the-delivery-of-1003691", "description": "A major typhoon has caused disruption in the delivery of key parts for the production of your new mobile phone. While the workforce you have hired is in place in all of your locations, they now seem...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/i-want-the-answer-on-excel-part-1-using-your-10398007", "next": "\/study-help\/questions\/oh-variances-the-manager-of-the-texas-department-of-transportation-10398009" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Jens Italian Ice Shop had anticipated selling 10,000 quarts of gelato in", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/jens-italian-ice-shop-had-anticipated-selling-10000-quarts-of-10398008" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }