Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

question 1 Strongheart Enterprises anticipated selling 29,000 units of a major product and paying sales commissions of $8 per unit. Actual sales and sales commissions

question 1

Strongheart Enterprises anticipated selling 29,000 units of a major product and paying sales commissions of $8 per unit. Actual sales and sales commissions totaled 29,500 units and $249,800, respectively. If the company used a flexible budget for performance evaluations, Strongheart would report a cost variance of:

  1. $13,800U.
  2. $13,800F.
  3. $17,800U.
  4. $17,800F.
  5. None of the answers is correct.

question 2

A flexible overhead budget might include which of the following items:

  1. Direct materials only.
  2. Direct materials, electricity, insurance and property taxes.
  3. Electricity only.
  4. Electricity, insurance and property taxes.
  5. Insurance and property taxes only.

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

Accounting Understanding And Practice

Authors: Robert Perks

3rd Edition

0077124782, 9780077124786

More Books

Students also viewed these Accounting questions

Question

Write the HinduArabic numeral in expanded form. 712

Answered: 1 week ago

Question

=+c) In what month of the year are gas prices highest?

Answered: 1 week ago

Question

Does it avoid use of underlining?

Answered: 1 week ago