-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Diskind Corporation: calculate revenue variance
Question
Diskind Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 7,600 units, but its actual level of activity was 7,550 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:
Data used in budgeting:
|
Fixed element |
Variable |
|
|
Revenue |
— |
$35.10 |
|
Direct labor |
$0 |
$5.70 |
|
Direct materials |
0 |
13.10 |
|
Manufacturing overhead |
33,000 |
2.60 |
|
Selling and administrative expenses |
26,400 |
4.00 |
|
Total expenses |
$59,400 |
$25.40 |
Actual results for October:
|
Revenue |
$266,200 |
|
Direct labor |
$43,110 |
|
Direct materials |
$99,990 |
|
Manufacturing overhead |
$48,000 |
|
Selling and administrative expenses |
$30,560 |
The revenue variance in October would be closest to:
a. $560 F
b. $1,195 F
c. $1,195 U
d. $560 U
Download Full Solution
WHAT OUR STUDENTS SAY
I am extremely satisfied with the Visual C++ programming assignment help that I have received from HwA. The professor was very impressed with the quality of documentation and the grades speak for themselves.
Patrick Cairns Student
Initially I hesitated but after talking to one of the nursing assignment experts I was overwhelmed by the fact that she is from my university only and knew all our curriculums. I was so relaxed after that as HwA helped me out with all my assignments and helped me learn new things in nursing.
Fiona McGrath Student
The reference material and notes provided by the online electrical engineering tutor assigned to me by HwA was exactly what I was looking for. Keeping up with the course load is difficult enough without having to run from pillar to post searching for research material. The online electrical engineering tutor at HwA made my work much easier by providing me high quality reference material which met the specifications given by my professor.
Morgan Walters Student
I was apprehensive to begin with. I had bitter experiences with online service providers for assignments and homework essays during my masters. But the online dissertation help expert assigned to me by TheReliableTutor has been extremely responsible and professional in his approach to my subject of choice and the research work has been totally as I had wanted. We are on a good path I feel.
Sylvia Pilger Student
The online finance thesis and dissertation writing helpers at TheReliableTutor guided me throughout the process of constructing my finance thesis essay. He helped me with the research and showed me how to structure the research and citations.
Bridget Kiernan Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.