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tamaranim1 [39]
2 years ago
9

Fancy Nails has an estimated cost for supplies of $0.75 per manicure. June's budget was based on 2,400 manicures and a total cos

t for supplies of $1,800. June's actual activity was 2,500 manicures. Total cost of supplies in June was $2,000. Calculate the spending variance for June. a. $125 U b. $200 U c. $200 F d. $125 F
Business
1 answer:
Serjik [45]2 years ago
4 0

Answer:

a. $125 U

Explanation:

The computation of the spending variance is shown below:

= Flexible cost - actual cost

where,

Flexible cost = 2,500 manicures × $0.75 = $1,875

And, the actual cost is $2,000

Now put these values to the above formula  

So, the value would equal to

= $1,875 - $2,000

= $125 U

It shows a difference between the actual cost and the flexible cost. Since the flexible cost is less than the actual cost so, it is unfavorable otherwise it would be favorable

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Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for hi
Katena32 [7]

Answer:

The important thing to remember here is that the interest is compounded semi annually, which means twice a year. When the 1st interest is compounded, the second interest is calculated on that new amount.

(11,500 + (11,500×6%)) = $ 12,190

(12,190 + (12190×6%)) = $ 12921.40

Explanation:

4 0
2 years ago
All reports required to can be found online at sec.gov.
earnstyle [38]

Answer:

Twitter's amended S-1 filing

Maximum estimated capital expenditures in 2013:

= $98 million

Explanation:

Twitter's capital expenditures in 2013 can be estimated by subtracting the  long-term or non-current assets of 2012 from 2013.

The 2013 long-term assets (Property and equipment, net) are worth $284,024,000

The 2012 long-term assets (Property and equipment, net) are worth  $185,574,000

The capital expenditure in 2013 =       $98,450,000

The implication is that Twitter added to (or increased) its property and equipment by $98,450,000, which represent new capital expenditures in 2013.

Twitter filed SEC Form 1-A (S-1) with the Securities and Exchange Commission (SEC) when it was seeking exemption for registration requirements for its public offerings as an "emerging growth company,"  as  it is "allowed by the federal securities laws to elect to comply with certain reduced public company reporting requirements for future filings."

8 0
2 years ago
You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500
maria [59]

Answer:

Present Value= $19,652.37

Explanation:

Giving the following information:

You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500 in two years. If you have an investment opportunity that guarantees 7% interest.

PV= FV/(1+i)^n

PV= 22,500/ (1.07^2)= $19,652.37

6 0
2 years ago
What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
2 years ago
Read 2 more answers
Compensate for the risk. Delay an action. Reject the risk. Transfer the risk. A squad needs to cross a narrow footbridge across
finlep [7]

Answer:

Compensate for the risk

Explanation:

In the context of the scenario given , risk is defined as a form of exposure to a potential dangerous situation.

It is necessary for any person organization facing a risky situation to look for ways of minimizing or avoiding the risk in order to reduce related losses. Risks can be avoided through transfer , rejection , delayed action and compensating the risk,

The method of risk aversion described in the scenario is to compensate the risk.

Compensating the risk is a risk control method of using an alternative means to achieve a particular purpose in order to avoid the related risks to using the initial method.

7 0
2 years ago
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