Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The actual and planned data for Underwater University for the farm ware as follows Actual Planned En 4.500 4,125 Tuition per credit hour $135 Credit

image text in transcribed

The actual and planned data for Underwater University for the farm ware as follows Actual Planned En 4.500 4,125 Tuition per credit hour $135 Credit 50,450 Registration, records, and marketing cost per rolled student $225 Instructional cost per credit how $50 Depreciation on demand equipment $825,500 5825,600 Registration, records, and marketing costs vary by the number of led students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost. 2. Prepare a variabile criting income statement showing the contribution margin and income from aparation the Faltri. Underwater University Variable Costing Income Statement For the Fall Term Van Registration, records, and marketing cost Instructional costs Total variable p din Contribution margin Depreciation on domandem Income from operations b. Prepare a contribution margin analysis report comparing planned with actual performance for the fall m. If an amount 2, br. Underwater University Contribution Margin Analysis For the Fall Term Panned contribution in Effect of change in un avenue Quantity factor unit price facto Total effect of change in un Effect of changes in registration, records, and marketing costs: Variable quantity factor Unic factor Total offect of changes in registration, records and marketing costs Effect of changes in instructional costs: Variable quality factor un colador Total effect of changes in instructional Actual contribution margin

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 Tools For Business Decision Making

Authors: Paul D. Kimmel

3rd Edition

0470377852, 978-0470377857

More Books

Students also viewed these Accounting questions