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AnnyKZ [126]
2 years ago
4

The static​ budget, at the beginning of the​ month, for Amira Company​ follows: Static​ budget: Sales​ volume: 1 comma 000 ​unit

s; Sales​ price: $ 70 per unit Variable​ costs: $ 33 per​ unit; Fixed​ costs: $ 36 comma 200 per month Operating​ income: $ 800 Actual​ results, at the end of the​ month, follows: Actual​ results: Sales​ volume: 990 ​units; Sales​ price: $ 74 per unit Variable​ costs: $ 35.00 per​ unit; Fixed​ costs: $ 33 comma 500 per month Operating​ income: $ 5 comma 110 Calculate the flexible budget variance for fixed costs.
Business
1 answer:
kakasveta [241]2 years ago
7 0

Answer:

$2700 Favourable

Explanation:

A flexible budget variance is any difference between the results generated by a flexible budget and actual results. If Flexible budgeted value is greater than Actual results then it would be a favorable result or Vice versa.

Data

Budgeted fixed cost  = $36,200

Actual Fixed cost =$33,500

Variance =?

Solution

Variance = Budgeted fixed cost - actual fixed cost

Vaiance = $36,200-$33500

Variance =$2700 Favorable

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When completing an enrollment application in LEAN, why is an agent prohibited from entering their own email address in a field a
Nikitich [7]

Answer:

This is because of the ethics guiding the body. For example, ethically, it is wrong for the agent to put his email address in the application in LEAN where it should have been the customer's own. <em>There is a possibility of the identity theft or fraud being committed when such happens.</em>

Explanation:

7 0
2 years ago
Shellhammer Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September
Pie

Answer:

Shellhammer Company

Ending inventory = $712

Cost of goods sold = $2,492

Explanation:

a) Data and Calculations:

Date                     Item          Units           Unit Cost     Total Cost

September 1    Inventory           100           $3.34          $334.00

September 8   Purchases        450             3.50          1,575.00

September 18 Purchases        350              3.70          1,295.00

September 30 Total                900                            $3,204.00

Ending inventory                     200

Cost of goods sold                 700

Weighted Average cost = Total cost of goods available for sale/Total units available for sale

= $3,204/900 = $3.56

Value of Ending Inventory = $3.56 * 200 = $712

Value of Cost of goods sold = $3.56 * 700 = $2,492

b) The weighted average inventory costing, under the period inventory system, used by Shellhammer is an assumption that the costs attributable to ending inventory and cost of goods sold are determined from the average cost per unit and that these the average cost is ascertained at the end of the period.  Therefore, the cost of beginning inventory and purchases are accumulated and divided by the units of goods available for sale.

4 0
2 years ago
Larry wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he know
kotykmax [81]

Answer: B brand awareness

Explanation:

This is extent to which consumers are intimate with the qualities or image of a particular brand of goods or services. Coca-Cola and Google are good example of brand awareness , they still run advert on Tv's, ànd radio stations and they are accepted.

3 0
2 years ago
Pebbles has a gross pay of $1,075.00 every pay period. After all deductions are taken out her net pay is $825.00. What percentag
bazaltina [42]

Answer:

The amount of money(in percentage) of her gross pay that Pebbles takes home as her net pay is 76.7% .

Explanation:

Gross pay can be defined as the amount of money that a employee earns during a period.

Net pay can be defined as the amount of money that a employee gets after some deductions have been made to the gross pay during a period.

Given information -

Gross pay - $1075

Net pay - $825

So the percentage of gross pay that Pebbles takes home as her net pay -

($825 / $1075) x 100

= 76.7%

4 0
2 years ago
Nathan has created a chart depicting changes in the eating habits of various members of an average American family. Based on thi
vekshin1
<span>Nathan is performing the role of sales manager. By creating charts that show changes in eating habits and figuring out the new demand for fast food products, Nathan has done his job as a manager. Projecting changes and figuring out when demand will be the highest is a good way to maximize your profits. Nathan knows when they will have the highest demand and uses that knowledge to find the right prices to insure his business receives the best profits.</span>
6 0
2 years ago
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