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Maksim231197 [3]
3 years ago
11

Connor ​Company's budgeted prices for direct​ materials, direct manufacturing​ labor, and direct marketing​ (distribution) labor

per​ attaché case are $ 40​, $ 8​, and $ 12​, respectively. The president is pleased with the following performance​ report: Actual Costs Static Budget Variance Direct materials $364,000 $400,000 $36,000 F Direct manufacturing labor 78,000 80,000 2,000 F Direct marketing (distribution) labor 110,000 120,000 10,000 F Actual output was 8 comma 800 ​attaché cases. Assume all three​ direct-cost items above are variable costs. Requirement Is the​ president's pleasure​ justified? Prepare a revised performance report that uses a flexible budget and a static budget.
Business
1 answer:
GalinKa [24]3 years ago
6 0

Answer:

The answer is attached.

Explanation:

All the calculations were made based on the data provided by the exercise. It was a little difficul to rebuild the table, but with a little bit of research was possible. If any question, please no doubt to contact me.

Download xlsx
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During its first year of operations, Mack's Plumbing Supply Co. had sales of $550,000, wrote off $8,800 of accounts as uncollect
vova2212 [387]

Answer:

$60,500

Explanation:

With regards to the above, the write off does not affect the realizable value of accounts receivables. Also, the total asset or net income is not affected by the write off or specific account. Instead, both assets and net income are affected in the period when bad debt expense is predicted and then recorded with an adjusting entry.

Accounts receivables

$550,000

Less:

Allowance for doubtful account

($550,00 × 2.5%)

($13,750)

Estimated realizable accounts receivables

$536,250

If the amount of bad debt decreases or increases as given below, then the income is also increased or decreased by the amount given.

Bad debts = $13,750

Uncollectible previously written off = $8,800

Difference

$4,950

Net income

$60,500

Less:

Difference

($4,950)

Reported income

$55,550

3 0
3 years ago
In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.
KiRa [710]

There are different types of marketing.  In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are  emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

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brainly.com/question/2632159

3 0
2 years ago
Determine how each scenario impacts the capital stock, including the effect of depreciation, if applicable. a. A salesperson dro
mars1129 [50]

Answer:

the answer is B.)

Explanation:

3 0
3 years ago
What is the diffrence between actual and proposed selling price
Orlov [11]

Actual means the real selling price for the product paid by the customer whereas proposed selling price is the price which was suggested to be set for the product.

4 0
3 years ago
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NeX [460]

Answer:

The correct answer is D. Credibility.

Explanation:

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Credibility is that characteristic of certain things that make them credible, we talk about situations, verses or estimates of a certain presence. When we say that we observe the credibility of something we are making a measurement of what is credible and not facing a series of examples in order to make a comparison in this regard.

7 0
3 years ago
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