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neonofarm [45]
1 year ago
14

Clementine Company makes skateboards. They prepare master and flexible budgets and then perform variance analysis after the budg

et plan period elapses. Their data is as follows:
Budget Actual
Selling price per unit $94 $106
Variable cost per unit $50 $55
Quantity sold 988 1,070

What is the Clementine's volume variance for SALES?
Business
1 answer:
vivado [14]1 year ago
4 0

Answer:

$7708 favorable

Explanation:

Volume variance shows the negative differentiation between the actual and the budgeted quantity sold at a budgeted sales price per unit.

A positive figure for volume variance indicates that it is favorable, and a negative figure for volume variance shows that it is unfavorable.

Volume variance = (Actual Quantity - Budgeted quantity sold) × Budgeted sale price per unit.

Volume variance = ( 1070 units - 988units) × $94

Volume variance = 82 units × $94

Volume variance =$7708 favorable

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Brad, an employee for a sports marketing firm, feels he has been treated unfairly by the organization. He helped three other emp
lubasha [3.4K]

Answer:

Brad would likely to react by reducing the efforts on future projects.

Explanation:

In accordance with the equity theory, it states that if an employee feels or perceive inequity, then they will try to create equitable exchanges of their rewards and their efforts. The common reaction in this situation would be is to reduce the efforts on further or future project.

6 0
2 years ago
The improvement in the value of the objective function per unit increase in a right-hand side is the a. sensitivity value. b. du
SVETLANKA909090 [29]

Answer:

dual price

Explanation:

According to my research on economics, I can say that the improvement in the value of the objective function per unit increase in a right-hand side is referred to as the dual price. This strategy is used by most businesses as a way of taking market shares away from their competitors.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
From the beginning of 2000 until its peak in 2012, Apple’s stock price rose from $27.97 to $702.10, an increase of 25 times. Yet
Tcecarenko [31]

Answer:

Steve Jobs coming back, Innovations, and Tim Cook taking over as COO

Explanation:

The fluctuations in stock prices of a company are due to improved performance of the company in meeting it's objectives and perception that the business will do better in the future.

In the given scenario there was an initial increase in Apple’s stock price from $27.97 to $702.10, an increase of 25 times.

This can be attributed to the return of Steve Jobs as the CEO of Apple. There was a confidence boost by his coming back. Also there were various innovations like: iPhone, iMac, iPod, and iTunes. These improved the performance and by extension share price of Apple.

However when Tim Cook took over as COO he reduced production by half resulting in stock price decrease by 37% from its peak in September 2012 until the end of March 2013, from $702.10 to $442.66.

3 0
2 years ago
On November 15, Meier Company received $3,000 cash from a customer for services that were performed on November 1. According to
Leya [2.2K]

Answer:

November 1

Explanation:

As per generally accepted accounting principles (GAAP), when the goods or services are delivered the revenue should be recorded and the transaction done in all respects.

The principle of revenue recognition occurs when the revenue is realized or earned, whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here means that the consumer receives the product but the payment is made later.

Therefore, the revenue should be recorded on November 1

7 0
2 years ago
On January 23, Marco Company sold inventory costing $23,000 to customers on account for a price of $44,000. Which ONE of the fol
ohaa [14]

Answer:

e. DEBIT to Accounts Receivable $44,000

Explanation:

The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue;  

 

Income 44000

Costing 23000

 

e. DEBIT to Accounts Receivable $44,000  

7 0
2 years ago
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