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DIA [1.3K]
4 years ago
5

Claremont Company specializes in selling refurbished copiers. During the month, the Company sold 195 copiers for total sales of

$643, 500. The budget for the month was to sell 190 copiers at an average price of $3, 500. The sales price variance for the month was.
a. $21, 500 unfavorable.
b. $21, 500 favorable.
c. $39,000 unfavorable.
d. $35,000 unfavorable.
e. $39,000 favorable.
Business
1 answer:
inn [45]4 years ago
8 0

Answer:

So the option is C.<u>$39,000 unfavorable.</u>

Explanation:

Sales price variance=(Actual price - Budgeted price) x Actual unit sales

=($643,500/195-$3,500)*195 copiers

=-$200*195

=$39,000 Unfavorable.

So the option is C.$39,000 unfavorable.

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Answer:

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3 years ago
Which is not a factor that can cause a change in supply?
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Answer:

business model is not a factor

Explanation:

4 0
3 years ago
Read 2 more answers
Forward Company makes and sells power tools. The budgeted sales are $480,000, the budgeted variable costs are $175,000, and the
den301095 [7]

Answer:

63.54% (Approx)

Explanation:

The computation of the budgeted percentage contribution margin ratio is shown below:-

For computing the contribution margin ratio firstly we need to calculate the contribution margin in dollars

Contribution margin = Sales - Variable cost

= ($480,000 - $175,000)

= $305,000

Contribution margin ratio = Contribution margin ÷ Sales

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5 0
3 years ago
Assumes ABC Company had 50 units in beginning Finished Goods Inventory and sold 1,213 units. Additional data includes: Units pro
worty [1.4K]

Answer:

Dollar amount of ending Finished Goods Inventory = $1,073

Explanation:

The first step is to calculate the cost per unit.

Using absorption costing, the cost of one unit is  

Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.

Cost = 12 + 8 +2 + 7\\Cost = 29

Now, the number of units left in inventory should be defined

Finished Goods Inventory (FGI) =  Beginning Finished Goods Inventory + Units produced - units sold

FGI = 50 +1200 - 1213\\FGI = 37

The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.

37*29 = 1,073

3 0
3 years ago
Jane transferred a piece of real estate to her son Christopher 6 months ago. Jane purchased the real estate for $90,000 six year
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Answer:

c. Christopher will have a dual basis for income tax purposes.

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7 0
3 years ago
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