# [Solution] : Managerial Accounting – Calculating Flexible Budget Variances, accounting homework help

QUESTION :

Managerial Accounting – Calculating Flexible Budget Variances, accounting homework help

Don't use plagiarized sources. Get Your Custom Essay on
[Solution] : Managerial Accounting – Calculating Flexible Budget Variances, accounting homework help
Just from \$13/Page

Question description

Stellar Packaging Products is experiencing an increase in demand for the month of August as a result of Estrella Coffee’s comeback in its retail outlets. The following fact pattern forms the basis for the static budget:Stellar Packaging ProductsVariable Costs TotalFixed Costs Total Raw materials \$  100,000 Direct manufacturing labor \$  125,000 Indirect manufacturing labor \$  105,000 Factory Insurance & Utilities \$  63,000 Depreciation – Pressroom \$  38,500 Repairs and maintenance – factory \$  28,000 Selling, marketing & distribution expenses \$  40,000 \$  80,000 General and administrative expenses \$  120,000 Variable Cost and Volume DataPlastic Raw materials = 0.10 lbs x \$2.00/lb. \$  0.20 Direct Labor = 0.025 hr x \$10/hr. \$  0.25 Volume in units  500,000Sales per unit are \$3.00.Required:In good form, prepare the static budget operating income in contribution format.Suppose actual sales demand increases to 700,000 units for August; assume the units are within the relevant range. Prepare the flexible budget for August in contribution format.Compute and reconcile the sales volume variance for August. Indicate whether the variance is favorable or unfavorable.In a one page composition, provide an explanation for the change in the sales volume variance for August, and identify the elements which give rise to the difference between the flexible and static budgets. Also explain the reason for completing a flexible budget for the period.Your paper should meet the following requirements:2-3 pages in total lengthFormatted according to the APA Requirements.Document your sources

.

Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

### Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors: