Question
In: Accounting
Sara’s Systems manufactures audio systems for cars. Two models are produced: The Standard model has a...
Sara’s Systems manufactures audio systems for cars. Two models are produced: The Standard model has a budgeted price of $225 and a standard variable cost of $105. The Blaster model has a budgeted price of $505 and a standard variable cost of $185. At the beginning of the year, Sara estimated that she would sell 6,100 Blaster models and 24,400 Standard models. The actual results for the year showed that 7,220 Blaster models were sold for total revenues of $2,888,000. A total of 25,700 Standard models were sold for revenues of $6,682,000.
Required:
a. Compute the activity variance for the year. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)
b. Compute the mix and quantity variances for the year. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)
Solutions
ekkarill92 answered 1 year agoRelated Solutions
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Kima Company manufactures and sells two models of a home appliance. The Standard model is a...
Kima Company manufactures and sells two models of a home
appliance. The Standard model is a basic appliance with mostly
manual features, while the Galaxy model is highly automated. The
appliances are produced to order, and there are no inventories at
the end of the year. The cost accounting system at Kima allocates
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Dartmouth Corporation manufactures two models of office chairs,
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of Number
of Number
of
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Comfort Corporation manufactures two models of office chairs, a
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of Number
of Number
of
Product Setups Components Direct
Labor Hours
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Deluxe 28 12 245
Overhead
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B) $63,600
C) $66,300
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Penty's Fine Furniture manufactures two models of chairs, a
standard and a deluxe model. The following activity and cost
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Deluxe
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924
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# Set Ups
28
62
# Components
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Total estimated manufacturing overhead for the period is
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URGENT Mason Engineering manufactures audio devices for cars and uses job order costing. There are two...
URGENT
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DL
XL
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253
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61
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