Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One wunit of Zoom Sports Manufacturing Company had the following francialuts last month Click the loon to view the financial results) Requirements 1. Complete the

image text in transcribed
image text in transcribed
One wunit of Zoom Sports Manufacturing Company had the following francialuts last month Click the loon to view the financial results) Requirements 1. Complete the performance evaluation report for this sunt 2. Based on the data presented, what type of responsibility Center is the subuni 3. Which tems should be investigated part of management's decision criteria is to investigate all variances exceeding 53.200 or 12697 4. Should only unfavorable variances be investigated? Explain Requirement 1. Complete the performance evaluation report for this subunit. (Erter the variance police numbers. Round the variance percentages to the nearest hundredth percent XXX Labe each variance avonsble) favorite() the variance is make sure to enter in a "U". A variance of an is considered feversible) Variance Product $ Dracters Director Actual Budgeted 12.930 $ 12.000 14.000 23.380 20.000 16.455 15.000 30.250 30.250 4,205 5.000 Depreciation Repair and manance $ 100.455 2020 Choose from any stor enter any number the inputs and then click Check Answer 4 m remaring Cear A Check Answer 2 of 8 (1 complete) turing Company had the following financial results last month: al results.) Data Table X ation report for this subunit. mat type of responsibility center is the subunit? med if part of management's decision criteria is to investigate all ve as be investigated? Explain. Monthly Performance Report For the Month mance evaluation report for this subunit. (Enter the variances as make sure to enter in a "0". A variance of zero is considered favor Variance Percentage Varianco (U or F) $ Actual Budgeted 12,930 S 12,000 13,265 14,000 23,380 20,000 16,455 15.000 30,250 30,250 4,205 5,000 100.485 $ 96,250 Product Actual Budgeted Variance Direct materials $ 12.930 $ 12,000 Direct labor 13,265 14,000 Indirect labor 23,380 20,000 Utilities 16.455 15,000 Depreciation 30.250 30,250 Repairs and maintenance 4,205 5,000 $ 100,485 $ Total 96,250 "Be sure to indicate whether each variance is favorable (Flor unfavorable (U). $ Print Done number in the input fields and then click Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Excise Tax Air Transportation IRS Audit Techniques Guide ATG

Authors: Internal Revenue Service

1st Edition

1304112772, 978-1304112774

More Books

Students also viewed these Accounting questions