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Salsk061 [2.6K]
1 year ago
6

Larance Detailing's cost formula for its materials and supplies is $2,230 per month plus $1 per vehicle. For the month of Novemb

er, the company planned for activity of 75 vehicles, but the actual level of activity was 25 vehicles. The actual materials and supplies for the month was $2,160. The materials and supplies in the flexible budget for November would be closest to:A) $145 FB) $145 UC) $95 FD) $95 U
Business
1 answer:
lara [203]1 year ago
5 0

Answer:

C) $95 F

Explanation:

Planned cost of materials and supplies = $2,230

Actual cost of materials and supplies = $2,160

Flexible budget for November = $2,230 - $2,285 + 25 =  $95 F.

It is is favorable (F) because Actual cost of materials and supplies is less than the Planned cost of materials and supplies.

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Samantha’s database contains a table of student scores and another table with student schedules. How can Samantha use this infor
Ugo [173]
<span>The correct answer is She can use a complex query linking student scores by name and available study period, then sort the data and group it. By doing this, she would have used both tables to make a decision on how to group the students for a review class.</span>
8 0
1 year ago
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At the beginning of 2019, Robotics Inc. acquired a manufacturing facility for $13.5 million. $10.5 million of the purchase price
sdas [7]

Answer:

$511,667

Explanation:

The computation of the depreciation expense for 2019 and 2020 is shown below:

= (Purchase price - residual value) ÷ (useful life)

= ($10,500,000 - $2,500,000) ÷ (25 years)

= ($8,000,000) ÷ (25 years)  

= $320,000

The depreciation in this method is the same for the rest of the useful life

Now the book value for 2021 would be

= Purchase price - depreciation for 2 years

= $10,500,000 - $320,000 × 2

= $9,860,000

Now the depreciation for 2021 would be

= ($9,860,000 - $650,000) ÷ 18 years

= $511,667

3 0
1 year ago
Strategically , a company may phase out or sell an sbu. this is known as
sdas [7]
Strategically, a company may phase out or sell an SBU this is known as DIVESTMENT.
Divestment is the process of selling an asset to obtain financial goals. Divesting involves a company selling its assets to improve its value and obtain higher efficiency.

6 0
1 year ago
Rivoli Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =
Illusion [34]

Answer:

9.5%

Explanation:

The formula to compute the cost of common equity under the DCF method is shown below:

= Current year dividend ÷ price + Growth rate

In first case,  

The current dividend would be  

= Last year dividend + last year dividend × growth rate

= $0.80 + $0.80 × 8%

= $0.80 + $0.064

= $0.864

The other things would remain the same

So, the cost of common equity would be

= $0.864 ÷ $57.50 + 8%

= 0.015026 + 0.08

= 9.5%

6 0
2 years ago
Marco traveled across three states to shop at Tiffany's to buy his girlfriend, Jana, a present. This is the only Tiffany's store
Llana [10]

Answer:

Exclusive.

Explanation:

In this scenario, Marco traveled across three states to shop at Tiffany's to buy his girlfriend, Jana, a present. This is the only Tiffany's store in the entire region. The degree of channel coverage for Tiffany's is exclusive.

In marketing, there are basically three (3) types of market channel coverage used by businesses;

1. Intensive market coverage: this involves a company extending its products to as many sales outlets as possible. Therefore, it's a saturation coverage of the market. Some examples are softdrinks, beer, or cigarettes company.

2. Selective market coverage: it involves a company using a limited number of sales outlets to sell its products in a region. Thus, it lie between an intensive distribution and exclusive market coverage.

3. Exclusive market coverage: this involves a company extending its products to only one sales outlets. Thus, it is the exact opposite of an intensive market coverage and a complex form of selective market coverage. It gives companies prestige and improves brand quality perceptions.

<em>Hence, the degree of channel coverage for Tiffany store is exclusive market coverage. </em>

6 0
2 years ago
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