Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

Poco Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $7 per unit. Actual sales and sales commissions totalled 32,500

Poco Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $7 per unit. Actual sales and sales commissions totalled 32,500 units and $185,700, respectively. What would be the cost variance, if the company used a static budget and a flexi budget for performance evaluations?

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

Students also viewed these Accounting questions

Question

=+9.2. In the Bernoulli case, (9.21) gives P[S, 2 np + x] = exp - nk p + 2, p)(1+0(1)] . where p where x ,, = a ,, Vnpq . Resolve the apparent discrepancy. Use (9.25) to compare the two expressions...

Answered: 1 week ago

Question

★★★★★

Smith Accounting Services is considering a special order that it received from one of its corporate clients. The special order calls for Smith to prepare the individual tax returns of the...

Answered: 1 week ago

Question

★★★★★

the rate of interest is 7% per year. Altirnative 1: Initial purchase price = $3050000, Annual operating cost $40000 at the end of 1st year and increasing by $2000 in the subsequent years till the end...

Answered: 1 week ago

Question

★★★★★

1. What type of consideration did the Bakke decision allow a university to give to race/ethnicity in the admissions process? 2.What type of consideration did the Bakke decision allow a university to...

Answered: 1 week ago

Question

★★★★★

3. Test whether the squared and product terms can be omitted from the quadratic model. (a) State the hypotheses. (b) Evaluate the test statistic using Im outputs for the two models. (c) Calculate the...

Answered: 1 week ago

Question

★★★★★

Is there an example of how a business analysis essay should be structured?

Answered: 1 week ago

Question

★★★★★

Describe the trade-offs and considerations made when choosing IoT connection protocols

Answered: 1 week ago

Question

★★★★★

A lawyer does two types of jobs in a day. The first job is to attend 6 meetings each averaging 3 0 minutes. The second job is to research 2 cases each averaging 2 . 5 hours. Calculate the average...

Answered: 1 week ago

Question

★★★★★

In 2 0 1 5 , Wright and Jacques published Code of the Suburb as a sequel to Elijah Anderson s 1 9 9 9 Code of the Street. What are three differences in the reasons for and consequences of drug -...

Answered: 1 week ago

Previous Question Next Question