1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tema [17]
3 years ago
14

Fuller Company builds swimming pools. Fuller budgets that they will sell 12 pools during the month of April at a price of $20,17

6 per pool. Actual pools sold by Fuller during April were 16 pools at a price of $20,992 per pool. What is the Sales Volume Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.
Business
1 answer:
IRISSAK [1]3 years ago
7 0

Answer:

$80,704

Explanation:

Data provided in the question:

Budgeted Price = $20,176 per pool

Budgeted quantity = 12 pools

Actual quantity = 16 pools

Actual price = $20,992 per pool

Now,

Sales Volume Variance

= ( Actual Quantity - Budgeted Quantity) × Budgeted price

Thus,

Sales Volume Variance for April = ( 16 - 12 )  × $20,176

or

Sales Volume Variance for April = $80,704

You might be interested in
In 2019, Joan accepted and received a $10,000 award for outstanding civic achievement. Joan was selected without any action on h
Daniel [21]

Answer:

A) $0

Explanation:

If the award was unsolicited and given to Joan in recognition for her accomplishments in scientific, educational, literary, religious, artistic, or civic fields, then the award is not taxed.

The unsolicited part is the key here, since most awards are given to candidates that have been previously been nominated by someone, e.g. Nobel prizes are only given to nominated candidates and the winners must pay income taxes.

5 0
3 years ago
Ribelin Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to g
Vikentia [17]

Answer:

C. Payback is 10 years

Explanation:

Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the  $218,000 investment given the stated cash-flows.

Year Cash-flow     Balance

0        (218,000.00)        (218,000.00)

1        32,000.00            (186,000.00)

2        18,000.00            (168,000.00)

3        21,000.00             (147,000.00)

4         21,000.00             (126,000.00)

5        21,000.00              (105,000.00)

6        21,000.00              (84,000.00)

7        21,000.00               (63,000.00)

8       21,000.00                (42,000.00)

9        21,000.00               (21,000.00)

10        21,000.00                -    

11        21,000.00             21,000.00  

12        21,000.00            42,000.00  

By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years

6 0
3 years ago
To record a customer's check in full payment for a sale that was made the prior month, the company should debit the ____________
bearhunter [10]

To record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

<h3>Payable cash account</h3>

Based on the information given the appropriate journal entry to record a customer's check in full payment for a sale is:

Journal entry

Debit Payable Cash account

Credit Sales accounts

(To record customer's check in full payment)

Inconclusion to record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

Learn more about payable cash account here:brainly.com/question/4656883

6 0
2 years ago
Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is wi
Crazy boy [7]

Answer:

Break-even point (dollars)= $234,000

Explanation:

Giving the following information:

Sales (4,000 units) $ 240,000

Variable expenses 156,000

Fixed expenses 81,900

To calculate the break-even point in dollars, first, we need to determine the selling price and unitary variable cost:

Selling price= 240,000/4,000= $60

Unitary variable cost= 156,000/4,000= $39

Now, we can calculate the break-even point:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 81,900/ [(60 - 39) / 60]= $234,000

8 0
3 years ago
A broker-dealer is physically located and registered in State A. The broker-dealer has an existing client in State A who is a st
mars1129 [50]

Answer:

D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B

Explanation:

Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.

If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.

7 0
3 years ago
Other questions:
  • If Pam clicks Rotate Right on the Drawing toolbar twice, how many degrees will her image rotate?
    7·1 answer
  • The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount
    8·2 answers
  • When mik has an absolute advantage in the production of two goods over tommy, mik?
    5·1 answer
  • g Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year t
    8·1 answer
  • When private ownership rights are well-defined and enforced, owners of physical assets and resources
    15·1 answer
  • bank run is​ ____________.A.an extraordinarily large volume of withdrawals driven by a concern that a bank will run out of liqui
    10·1 answer
  • The group of retired executives that work with small businesses as advisors on a wide range of issues is called the:
    6·1 answer
  • The portfolio with the lowest standard deviation for any risk premium is called the_______. A.efficient frontier portfolio B.CAL
    10·1 answer
  • Taxes represent __________ of the business. Multiple Choice an equity liability a cash inflow a cash outflow an accounts receiva
    13·1 answer
  • You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!