Answer:
It will get less sales and people will gain less money than usual since there is very little variations.
Explanation:
Answer:
$150
Explanation:
The Warranty Expense account is a liability account and it must include all the estimate costs associated to the merchandise sold:
100 radios were sold and the company estimates to replace 5% or them = 100 x 5% = 5 radios
the cost of replacing 5 radios = 5 radios x $30 per radio = $150
To resolve a surplus in inventory, usually a company would lower the price to increase demand. In this case, I would imagine the swimsuit firm would offer an end of the season sale to clear out leftover inventory.
Answer:
View tab
Explanation:
The PowerPoint slide master can be found in the view section. To find the slide master, click on the view tab in the PowerPoint presentation and scroll to slide master.
Cheers.
Incomplete question :
Here is the full question below :
Comp Wiz sells computers. During May 2017, it sold 350 computers at a $1,200 average price each. The May 2017 fixed budget included sales of 365 computers at an average price of $1,100 each. AQ- Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price (1) Compute the sales price variance and the sales volume variance for May 2017 Flexibl AQ . Assuming the budgeted cost per unit under absorption costing system is $500
Answer:
Sales Price Variance = $35,000 F
Sales volume variance = $9000 A
Explanation:
Sales Price Variance(SPV)= (Actual selling price-Budgeted selling price)Actual sales volume.
SPV = ($1200-$1100)350
=$35,000 F (Favorable Variance)
Sales Volume Variance(SVV )=(Actual units sold-budgeted sales unit) standard profit
Standard Profit(SP) = $1100-$500
=$600
Hence, SVV= (350-365)$600
=$9000 A (Adverse Variance)
If you are asked to compute Total profit Variance (TPV), here it is below;
TPV = $35,000-$9000
= $26,000