ACCOUNTING 222 Putin Company cleans chimneys.
Question # 00369315
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Updated on: 08/23/2016 02:08 AM Due on: 08/23/2016
Putin Company cleans chimneys. Last year Putin planned to clean 400 roofs at $360 per roof. In an attempt to attract new customers, Putin reduced their cleaning fee to $320 per roof. As a result, the actual number of roofs cleaned was 480.
Clearly label and indicate answers to these questions at the TOP of the answer box. Show your work after all of the answers.
A. Compute the static budget amount for revenue.
B. Compute the flex budget amount for revenue.
C. Compute the actual amount of revenue.
D. Compute the volume variance for revenue and label it as F or U.
E. Compute the sales price variance and label it as F or U
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Solution: ACCOUNTING 222 Putin Company cleans chimneys.