Co manufactures and sells two types of sports watch: the Raptor X5, which is designed for running and cycling; and the Hydra 27, which is designed for diving. Sportz Co operates a standard costing system and uses variance analysis to assess sales performance each quarter. Quarter 1 The following information is available for Quarter 1: Raptor X5 Hydra Z7 Budget Actual Budget Actual Sales volume (units) 760 880 760 630 Titi $/unit $/unit $/unit $/unit 260 250 325 300 110 Sales price Variable costs Fixed costs Profit 105 130 120 40 40 50 50 110 105 145 130 Quarter 2 During Quarter 2, the sales volume of both the Raptor X5 and the Hydra 27 were significantly adverse. Fewer units of both products were produced due to a number of unplanned stoppages which were a consequence of breakdowns in manufacturing equipment. Quarter 3 The following variances were calculated for both products: Total sales mix contribution variance $2,025 Favourable $9,675 Adverse Total sales quantity contribution variance En Quarter 3, the sales price variance of the Hydra Z7 was $18,000 Adverse and 600 nits were sold. The budgeted selling price for the Hydra Z7 remained at $325. Time Remaining 02.25 028 Close All Bag for Re Which of the following managers is responsible for the adverse sales volume variance in Quar 27 The production manager The procurement manager The sales manager The information technology manager

Using a flexible budgeting approach how do I prepare a performance report for the passion department for April 2016, compare an actual overhead cost for 4600 hours. Separate overhead cost into variable and fixed components and show the amounts of any variances between actual budgeted amounts.

Great Bubbles, Inc. produces multicolored bubble solution used for weddings and other events. The company sold 70,000 bubble kits during December, and its actual operating income was as follows: (Click the icon to view the actual income statement.) The company's flexible budget income statement for December follows: (Click the icon to view the flexible budget income statement.) Read the requirements. Output units Sales revenue Variable expenses: Cost of goods sold Sales commissions expense Utility expense Fixed expenses: Salary expense Depreciation expense Rent expense Utility expense Income Statement Performance Report For the month ended December 31 The Actual Flexible Budget Variance Flexible Budget These variances suggest that the marketing department did a Volume Variance job by selling Question 1 of 4 > Master Budget ▼kits than expected, at a Data table sale price than expected. Great Bubbles, Inc. Income Statement Month Ended December 31 $ Sales revenue.. Variable expenses: Cost…

nprogress=false Print Item Sunrise Poles manufactures hiking poles and is planning on producing 3,800 units in March and 3,700 units in April. Each pole requires a half pound of material, which costs $1.00 per pound. The company's policy is to have enough material on hand to equal 10% of the next month's production needs and to maintain a finished goods inventory equal to 25% of the next month's production needs. What is the budgeted cost of purchases for March? Budgeted cost of purchases $ Previous Nex