Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Quilcene oysteria farms and sells oysters in the pacific

18/11/2021 Client: muhammad11 Deadline: 2 Day

TEXTBOOK PROBLEMS

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company’s planning budget for May appears below:

Puget Sound Divers Planning Budget For the Month Ended May 31

Budgeted diving-hours (q)

250

Revenue ($390.00q)

$

97,500

Expenses:

Wages and salaries ($11,900 + $122.00q)

42,400

Supplies ($4.00q)

1,000

Equipment rental ($2,300 + $23.00q)

8,050

Insurance ($4,200)

4,200

Miscellaneous ($520 + $1.46q)

885

Total expense

56,535

Net operating income

$

40,965

Required:

During May, the company’s activity was actually 240 diving-hours. Complete the following flexible budget for that level of activity.

2.

value: 10.00 points

Flight Café is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company’s planning budget for July appears below:

Flight Café Planning Budget For the Month Ended July 31

Budgeted meals (q)

21,000

Revenue ($3.80q)

$

79,800

Expenses:

Raw materials ($2.20q)

46,200

Wages and salaries ($6,200 + $0.20q)

10,400

Utilities ($1,900 + $0.05q)

2,950

Facility rent ($3,100)

3,100

Insurance ($2,700)

2,700

Miscellaneous ($700 + $0.10q)

2,800

Total expense

68,150

Net operating income

$

11,650

In July, 22,000 meals were actually served. The company’s flexible budget for this level of activity appears below:

Flight Café Flexible Budget For the Month Ended July 31

Budgeted meals (q)

22,000

Revenue ($3.80q)

$

83,600

Expenses:

Raw materials ($2.20q)

48,400

Wages and salaries ($6,200 + $0.20q)

10,600

Utilities ($1,900 + $0.05q)

3,000

Facility rent ($3,100)

3,100

Insurance ($2,700)

2,700

Miscellaneous ($700 + $0.10q)

2,900

Total expense

70,700

Net operating income

$

12,900

Required:

1.

Compute the company’s activity variances for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

3.

value: 10.00 points

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters in August. The company’s flexible budget for August appears below:

Quilcene Oysteria Flexible Budget For the Month Ended August 31

Actual pounds (q)

7,900

Revenue ($4.25q)

$

33,575

Expenses:

Packing supplies ($0.25q)

1,975

Oyster bed maintenance ($3,200)

3,200

Wages and salaries ($2,300 + $0.45q)

5,855

Shipping ($0.55q)

4,345

Utilities ($1,260)

1,260

Other ($490 + $0.01q)

569

Total expense

17,204

Net operating income

$

16,371

The actual results for August appear below:

Quilcene Oysteria Income Statement For the Month Ended August 31

Actual pounds

7,900

Revenue

$

26,700

Expenses:

Packing supplies

2,145

Oyster bed maintenance

3,060

Wages and salaries

6,265

Shipping

4,075

Utilities

1,070

Other

1,189

Total expense

17,804

Net operating income

$

8,896

Required:

Compute the company’s revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

4.

value: 10.00 points

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:

Division

Queensland

New South Wales

Sales

$

1,080,000

$

2,385,000

Average operating assets

$

600,000

$

530,000

Net operating income

$

70,200

$

83,475

Property, plant, and equipment (net)

$

241,000

$

191,000

Required:

1.

Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.)

2.

Which divisional manager seems to be doing the better job?

Queensland division

New South Wales division

5.

value: 10.00 points

A planning budget is prepared before the period begins and is valid for whatever the actual level of activity turns out to be.

True

False

6.

value: 10.00 points

Comparing a static planning budget to actual costs is a good way to assess whether variable costs are under control.

True

False

7.

value: 10.00 points

A balanced scorecard consists of an integrated set of performance measures that are derived from and support a company’s strategy.

True

False

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Academic Mentor
Quick Finance Master
Assignment Solver
Premium Solutions
Quality Homework Helper
Accounting & Finance Specialist
Writer Writer Name Offer Chat
Academic Mentor

ONLINE

Academic Mentor

I am an experienced researcher here with master education. After reading your posting, I feel, you need an expert research writer to complete your project.Thank You

$21 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

As per my knowledge I can assist you in writing a perfect Planning, Marketing Research, Business Pitches, Business Proposals, Business Feasibility Reports and Content within your given deadline and budget.

$30 Chat With Writer
Assignment Solver

ONLINE

Assignment Solver

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$29 Chat With Writer
Premium Solutions

ONLINE

Premium Solutions

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$47 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$39 Chat With Writer
Accounting & Finance Specialist

ONLINE

Accounting & Finance Specialist

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$50 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Los baker van a peru chapter 7 summary - Emergency bilge pump definition - Lord of the flies main theme - Peter drucker 5 questions pdf - Mountain dew harvard case study - Essaypro - Wheeler k 2014 psychotherapy for the advanced practice psychiatric nurse - Geopolitical community assessment - Little books inc recently reported 3 million of net income - Who are the stakeholders in nursing education curriculum development - How to write a psa - Phases of matter ppt - Sox requirements for small companies - Aami safe driving course - BI - Whose bones were buried in the promised land at shechem - Another word for firstly secondly thirdly - Data flow diagram dfd - James squire ginger beer dan murphys - Western Art History Test - Assistive technology device matrix - Tata communications emerging markets growth strategy - 3m ranger blood warmer set up - Concept Analysis Paper on a nursing topic in this case non compliant diabetic - How to calculate substitution effect - The ford pinto case demonstrated that - Blood spatter analysis lab - Songs in pictures quiz - Burglary - Car rental system project source code in c++ - Supply chain management case study walmart - Www bakertilly co uk - Midalia steel price list - Certificate 11 in retail - Dow corning 734 equivalent - Crosby's quality vaccine three ingredients - Disadvantages of pipeline transport - Current Article Analysis 1 - Speak softly and carry a big stick quote - Emphasis and subordination in art examples - Competitive Strategy - Percy jackson and the lightning thief part 1 - Bellofram regulator type 70 - Media essay 2 - What are biotic and abiotic factors - Discussion Board - Struggles With Reentry - Ielts verification candidate identity - Heartbreak library eng sub - Thesis statement about free education - Data Analytics - Database - 6 - Electrolyte ppt presentation - Cape bruny island volunteer caretaker and weather observer - General purpose financial statements are the product of - 20 eye opening cybercrime statistics - Sincerely yours in tagalog - Oil red o stain protocol - Sas input statement format - Why would an aed advises no shock - Hr roles mind map hrm 300 - Stellenbosch university residence fees - In-the-News Topic: Any Relevant Topic - Todd anderson character analysis - Officemax first aid kit - Rolling sphere lightning protection - Sirota's three factor theory - Diane ravitch waiting for superman - C714 business strategy task 1 - Discussion 6 - Nasm assessment chart - Necessary edges arts empathy and education - Lead screw size chart - Strategic Management Week 8 - Discussion Questions - Align kitchens red hill - Trends of information system infrastructure - Ben and jerry's distribution channels - Kegan and lahey self transforming mind - C304 task 1 - Phonetool https inside amazon com en pages default aspx - A sales discount does not - How many vertices does a cylinder have - Diamond supramax external 56k usb modem - Toys r us ceo salary - Tivoli enterprise services user interface extensions - Travel and tourism worksheets - The crucible play youtube - William faulkner barn burning pdf - Discussion - Recess queen activities free - Emerging threats and measures discussion - Tiger mom time magazine - Puppies for sale template - Stock valuation exercise and answer - Discussion - The felice brothers god bless you amigo - Iowa corn checkoff refund form r18 - Islamic environmental ethics law and society - English composition