Flag this Question Question 12 pts Fuller Company builds swimming pools. Fuller

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Question 12 pts

Fuller Company builds swimming pools. Fuller budgets that they will build 13 pools during the month of April at a price of $20183 per pool. Actual pools built by Fuller during April were 16 pools at a price of $20864 per pool. What is the Sales Volume Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

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Question 22 pts

Atlas Company builds swimming pools. Atlas budgets that they will build 14 pools during the month of April at a price of $20193 per pool. Actual pools built by Atlas during April were 12 pools at a price of $21984 per pool. What is the Master Budget Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

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Question 32 pts

Mark Company builds swimming pools. Mark budgets that they will build 14 pools during the month of April at a price of $20520 per pool. Actual pools built by Mark during April were 12 pools at a price of $21938 per pool. What is the Flexible Budget Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

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Question 41.5 pts

Results from Yllaw Company are as follows:

Calculate Residual Income. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

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Question 51.5 pts

Results from Riadapi Company are as follows:

Calculate capital turnover. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

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Question 61.5 pts

Results from Nedlog Company are as follows:

Calculate Sales Margin. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

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Question 71.5 pts

RaiCam Company is calculating financial performance indicators The following information is provided:

Sales $100000

Profit $10524

Invested Assets $167701

Fixed Costs $27414

What is their Return on Investment? Input your number to one decimal place, for example .121 would be input as 12.1

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Question 81.5 pts

Results from Kawaii Company are as follows:

Operating Income

$8024

Total Assets

$15618

Current Liabilities

$3252

Sales

$35283

Target Rate of Return (Cost of Capital)

14%

Calculate Return on Investment. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

Explanation / Answer

Fuller Company builds swimming pools. Fuller budgets that they will build 13 pools during the month of April at a price of $20183 per pool. Actual pools built by Fuller during April were 16 pools at a price of $20864 per pool. What is the Sales Volume Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

Sales volume variance = actual quantity - budgeted quantity

= 16-13 = 3 Favorable

2)

Atlas Company builds swimming pools. Atlas budgets that they will build 14 pools during the month of April at a price of $20193 per pool. Actual pools built by Atlas during April were 12 pools at a price of $21984 per pool. What is the Master Budget Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

Variance = actual quantity * actual price - standard quantity * standard price

= 263,808 - 282,702

= $ 18,894 unfavorable

Mark Company builds swimming pools. Mark budgets that they will build 14 pools during the month of April at a price of $20520 per pool. Actual pools built by Mark during April were 12 pools at a price of $21938 per pool. What is the Flexible Budget Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.

= 2 * 20,520 = $ 41,040 Unfavorable

=

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