Homework Answers
TOTAL COST FOR SALES $167,000
Total cost= Total fixed cost + (Average variable cost per unit * Quantity of units produced)
Average variable cost per unit = Total variable cost / Total output (sales)
= 28390 / 167000
= 0.17
Total cost = 43,600 + (0.17 * 167,000)
= 71990
TOTAL COST FOR SALES $ 178,600
Average variable cost per unit = 30362 / 178,600
= 0.17
Total cost = 43,600 + (0.17 * 178,600)
= 73,962
TOTAL COST FOR SALES $ 190,200
Average variable cost per unit = 32,334 / 190,200
= 0.17
Total cost = 43,600 + (0.17 * 190,200)
= 75,934
TOTAL COST FOR SALES $ 201,800
Average variable cost per unit = 34,306 / 201,800
= 0.17
Total cost = 43600 + (0.17 * 201,800)
= 77,906
Add Answer to:
Exercise 24-5 Your answer is partially correct. Try again. Fallon Company uses flexible budgets to control...
fallon company uses flexible budgets to control its selling expenses Exercise 22-5 Fallon Company uses flexible...
fallon company uses flexible budgets to control its selling
expenses
Exercise 22-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $173,900 to $210,200. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, traveling 4%, and delivery 2 %. Fixed selling expenses will consist of sales salaries $35,500 depreciation on delvery equipment $7,300, and insurance on deliery equipment $2,000. Prepare a monthly flexible budget for each $12,100...
fallen company Exercise 22-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales...
fallen company
Exercise 22-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $173,000 to $210,200. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, traveling 4%, and delivery 24. Feeding expenses will consist of sales salaries 335,500 depredation on delivery equipment $7,300, and Insurance on delivery equipment $2,000. Prepare a monthly flexible budget for each $12,100 increment of sales within the relevant range for the year...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $174,100 to
$209,200. Variable costs and their percentage relationship to sales
are sales commissions 6%, advertising 4%, traveling 4%, and
delivery 1%. Fixed selling expenses will consist of sales salaries
$35,100, depreciation on delivery equipment $7,500, and insurance
on delivery equipment $1,800.
Prepare a monthly flexible budget for each $11,700 increment of
sales within the relevant range for the year ending December 31,...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $172,100 to
$205,400. Variable costs and their percentage relationship to sales
are sales commissions 6%, advertising 6%, traveling 3%, and
delivery 2%. Fixed selling expenses will consist of sales salaries
$35,400, depreciation on delivery equipment $6,500, and insurance
on delivery equipment $1,200.
Prepare a monthly flexible budget for each $11,100 increment of
sales within the relevant range for the year ending December 31,...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $166,300 to
$208,000. Variable costs and their percentage relationship to sales
are sales commissions 8%, advertising 4%, traveling 4%, and
delivery 1%. Fixed selling expenses will consist of sales salaries
$35,500, depreciation on delivery equipment $7,400, and insurance
on delivery equipment $1,400.
Prepare a monthly flexible budget for each $13,900 increment of
sales within the relevant range for the year ending December 31,...
Possible Account Titles: Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are...
Possible Account Titles:
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $170,000 to $200,000. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 4%, travel 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, depreciation on delivery equipment $7,000, and insurance on delivery equipment $1,000. Prepare a monthly selling expense flexible budget for each $10,000 increment of sales within the relevant range for...
Exercise 10-5 (Video) Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are...
Exercise 10-5 (Video) Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $167,300 to $209,300. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 6%, travel 4%, and delivery 1%. Fixed s expenses will consist of sales salaries $34,900, depreciation on delivery equipment $7,100, and insurance on delivery equipment $1,900. Prepare a monthly selling expense flexible budget for each $14,000 increment of sales within the relevant range for...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $172,800 to $215,400. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, travel 4%, and delivery 1%. Fixed selling expenses will consist of sales salaries $35,500, depreciation on delivery equipment $7.500, and insurance on delivery equipment $1,100. Prepare a monthly selling expense flexible budget for each $14,200 increment of sales within the relevant range for the year ending...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $167,300 to $209,300. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 6%, travel 4%, and delivery 1%. Fixed selling expenses will consist of sales salaries $34,900, depreciation on delivery equipment $7,100, and insurance on delivery equipment $1,900. Prepare a monthly selling expense flexible budget for each $14,000 increment of sales within the relevant range for the year ending...
Exercise 22-6 The actual selling expenses incurred in March 2017 by Fallon Company are as follows....
Exercise 22-6 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Variable Expenses Sales commissions $11,340 Advertising 12,280 Travel 6,960 Delivery 3,600 Fixed Expenses Sales salaries $34,900 Depreciation 6,600 Insurance 1,300 (a) Prepare a flexible budget performance report for March, assuming that March sales were $ commissions 6%, advertising 7%, traveling 4%, and delivery 2%. Fixed selling expenses will co $6,600, and insurance on delivery equipment $1,300. (List variable costs before fixed costs CALCULATOR FULL...
fallon company uses flexible budgets to control its selling
expenses
Exercise 22-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $173,900 to $210,200. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, traveling 4%, and delivery 2 %. Fixed selling expenses will consist of sales salaries $35,500 depreciation on delvery equipment $7,300, and insurance on deliery equipment $2,000. Prepare a monthly flexible budget for each $12,100...
fallen company
Exercise 22-5 Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $173,000 to $210,200. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, traveling 4%, and delivery 24. Feeding expenses will consist of sales salaries 335,500 depredation on delivery equipment $7,300, and Insurance on delivery equipment $2,000. Prepare a monthly flexible budget for each $12,100 increment of sales within the relevant range for the year...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $174,100 to
$209,200. Variable costs and their percentage relationship to sales
are sales commissions 6%, advertising 4%, traveling 4%, and
delivery 1%. Fixed selling expenses will consist of sales salaries
$35,100, depreciation on delivery equipment $7,500, and insurance
on delivery equipment $1,800.
Prepare a monthly flexible budget for each $11,700 increment of
sales within the relevant range for the year ending December 31,...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $172,100 to
$205,400. Variable costs and their percentage relationship to sales
are sales commissions 6%, advertising 6%, traveling 3%, and
delivery 2%. Fixed selling expenses will consist of sales salaries
$35,400, depreciation on delivery equipment $6,500, and insurance
on delivery equipment $1,200.
Prepare a monthly flexible budget for each $11,100 increment of
sales within the relevant range for the year ending December 31,...
Fallon Company uses flexible budgets to control its selling
expenses. Monthly sales are expected to range from $166,300 to
$208,000. Variable costs and their percentage relationship to sales
are sales commissions 8%, advertising 4%, traveling 4%, and
delivery 1%. Fixed selling expenses will consist of sales salaries
$35,500, depreciation on delivery equipment $7,400, and insurance
on delivery equipment $1,400.
Prepare a monthly flexible budget for each $13,900 increment of
sales within the relevant range for the year ending December 31,...
Possible Account Titles:
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $170,000 to $200,000. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 4%, travel 3%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,000, depreciation on delivery equipment $7,000, and insurance on delivery equipment $1,000. Prepare a monthly selling expense flexible budget for each $10,000 increment of sales within the relevant range for...
Exercise 10-5 (Video) Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $167,300 to $209,300. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 6%, travel 4%, and delivery 1%. Fixed s expenses will consist of sales salaries $34,900, depreciation on delivery equipment $7,100, and insurance on delivery equipment $1,900. Prepare a monthly selling expense flexible budget for each $14,000 increment of sales within the relevant range for...
Fallon Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $172,800 to $215,400. Variable costs and their percentage relationship to sales are sales commissions 7%, advertising 4%, travel 4%, and delivery 1%. Fixed selling expenses will consist of sales salaries $35,500, depreciation on delivery equipment $7.500, and insurance on delivery equipment $1,100. Prepare a monthly selling expense flexible budget for each $14,200 increment of sales within the relevant range for the year ending...
Exercise 22-6 The actual selling expenses incurred in March 2017 by Fallon Company are as follows. Variable Expenses Sales commissions $11,340 Advertising 12,280 Travel 6,960 Delivery 3,600 Fixed Expenses Sales salaries $34,900 Depreciation 6,600 Insurance 1,300 (a) Prepare a flexible budget performance report for March, assuming that March sales were $ commissions 6%, advertising 7%, traveling 4%, and delivery 2%. Fixed selling expenses will co $6,600, and insurance on delivery equipment $1,300. (List variable costs before fixed costs CALCULATOR FULL...
Most questions answered within 3 hours.
-
Review the referenced paper by Melse (2008). Describe the
research question being addressed. Discuss the methods...
asked 4 minutes ago -
Please do all parts. I don't want to hear your as per guidelines
stuff. Do if...
asked 13 minutes ago -
1. Why is Hardy-Weinberg Theorum important? How can we
test whether a population is in H-W...
asked 13 minutes ago -
A sample of 3 is selected from 9 cards. How many permutation is
possible? Show Work.
asked 27 minutes ago -
Identify a commercial data mining software product (e.g., SAS)
and an open-source data mining product (e.g.,...
asked 30 minutes ago -
Following are the capital account balances for the William,
Jennings, and Bryan partnership:
William (40% of...
asked 21 minutes ago -
An investment project provides cash inflows of $770 per year for
11 years.
a. What is...
asked 30 minutes ago -
About the lecture of human resource management, give me the
process and schedule of how the...
asked 28 minutes ago -
A fair D10 die is rolled 100 times. What is the probability of
rolling five 1s,...
asked 41 minutes ago -
Other than hydrogen bonding, what is the major interaction that
causes proteins to fold into compact,...
asked 41 minutes ago -
In an RC circuit, the total resistance is 1 k ohm and the
battery voltage is...
asked 47 minutes ago -
CollegePak Company produced and sold 84,000 backpacks during the
year just ended at an average price...
asked 48 minutes ago