-
+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
Framing the research question is the most important thing for a research paper. It provides the necessary backbone and determines the kind of research it would be. The expert here in HwA, after a deep discussion with me via email, sorted out a simple yet original research question which my professor appreciated very much.
Rob Fox Student
These guys are very timely in their delivery. There is no need to panic once you submit your thesis writing request with TheReliableTutor. Their Stats thesis writing experts are extremely professional in their approach and provide you with the right guidance with your Stats thesis in a way that is best suited to your needs exactly.
Richard Wyatt Student
I actually had a research topic in mind but was unsure of how to frame the research question. The research question assignment expert of HwA has helped me to narrow down the topic to one single question which became the foundation of my entire research. They also helped me with the actual research paper where I got excellent grades.
Matt Foster Student
I have never experienced managerial accounting explained so clearly before. The online managerial assignment experts at TheReliableTutor are very professional and clear in their communication. Their prices are also right for a student like me on a tight budget.
Lee Tan Student
I was stuck with my fault detection in logic circuit assignment when I looked up in the net for help. Luckily I came across HwA and it was all so quick. Within 5 minutes of me enquiring for help, they mailed me back letting me know about the process. The assignment went well and since then I always consult HwA for any of my assignments.
William Nicholson 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.