Answer:
d) $347 U
Explanation:
The computation of the spending variance for food and supplies in March is shown below:
= Flexible budget - actual budget
where,
Flexible budget is
= $1,200 + $3,340 × $13.70
= $1,200 + $45,758
= $46,958
And, the actual budget is $47,305
So by considering the above calculation, the spending variance is
= $46,958 - $47,305
= $347 unfavorable
The "line of visibility?" is:
c. a metaphoric divide between the parts of a service that a guest sees and what they do not see.
It basically is a line that separates front stage and back stage actions.
Answer:
$28,065
Explanation:
The moving averages method uses the means of the previous months as the forecast for the next months.
The formula for the moving average is as below.
Moving Average = (n1 + n2 + n3 + ...) / n
In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+ $29,009 / 5
= $140,323 /5
=$28,064.6
=$28,065
Answer:
$15,525
Explanation:
Calculation for ending inventory under variable costing
Using this formula
Units in ending inventory = Units in beginning inventory + Units produced −Units sold
Thus,
= 0 units + 5,500 units −4,350 units
= 1,150 units
Formula for Value of ending inventory under variable costing
= Unit in ending inventory × Variable production cost
= 1,150 units × $13.50 per unit
= $15,525
