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
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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...
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