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2 years ago

Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.

1 answer:

5 0

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

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Kuzio Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell

steposvetlana [31]

Answer:

Overall effect of the change is an increase in net operating income of $1800

Explanation:

The net operating income with additional advertising spend is shown below:

Sales (6620*$150) $993,000

Variable expenses(60%*993000) ($595,800)

contribution margin $397,200.

Fixed expenses($193000+$5400) ($198,400)

Net operating income $198,800

The net operating income without additional advertising spend is shown below:

Sales (6500*$150) $975,000

Variable expenses(60%*975,000) ($585,000)

contribution margin $390,000

Fixed expenses ($193,000)

Net operating income $197,000

The overall effect of the change is an increase in net operating income of $1800($198800-$197000)

4 0

3 years ago

Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing c

Shkiper50 [21]

Answer:

Manufacturing Margin: Manufacturing margin Is the difference between sales and the variable cost of good sold .

Contribution margin: The contribution margin is the amount which is derived from sales revenue, after subtracting the variable expenses. This amount contributes toward covering fixed expense and then towards profit for the period

Net income: Net Income u the income after deducting all the expense, from the gross Income. It is also termed as net profit or net earning

a. Computation of the manufacturing margin for the month of March:

Manufacturing margin = Net sales - Variable cost of goods sold

Manufacturing margin = $912,000 - $474,000

Manufacturing margin = $438,000

Thus, the manufacturing margin for the month of March is $438,000 .

b. Computation of the contribution margin for the month of March:

Contribution margin = Manufacturing margin - Variable selling

Contribution margin = $438,000 - $238,100

Contribution margin = $199,900

Thus, the contribution mar gm for the month of march is $199,900

c. Computation of the income from operations for the month of March:

Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses

Income from operations =$199,900 - $82,000 - $54,700

Income from operations = $63,200

Thus, the income from operations for the month of March is $63,200.

6 0

3 years ago

A start-up internet service provider expects to gain money in each of the first four years. Gains are projected to be $50 millio

ipn [44]

Answer:

A. Draw the cash flow diagram.

since the site doesn't include a drawing tool I just prepared a table to depict cash flows associated to years one through four:

Year Cash inflows

1 $50 million

2 $60 million

3 $70 million

4 $100 million

B. What is the present worth of the gains for the first three years?

the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ = $45.45 + $49.59 + $52.59 = $147.63 million

C. What is the present worth of the gains for all four years?

the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ + $100/1.1⁴ = $45.45 + $49.59 + $52.59 + $68.30 = $215.93 million

D. What is the equivalent uniform annual worth of the gains through year four?

equivalent annual worth = (NPV x r) / [1 - (1 + r)⁻ⁿ] = ($215.93 x 0.1) / [1 - (1 + 0.1)⁻⁴] = 21.593 / 0.31699 = $68.12 million

3 0

3 years ago

Panco, a U.S. entity, has a subsidiary, Sanco, located in a foreign country. Sanco's operations are concentrated in the country

Arte-miy333 [17]

$15,600 is the amount (in 000) of Sanco's sales in U.S. dollars

Explanation and Solution :

Because translations can be used to translate the financial results of Sanco presented in FCUs to U.S. dollars, transactions will be translated using the rate of exchange in effect at the time of each transaction or the weighted average exchange rate for the year.

In this scenario, the weighted average exchange rate for the duration shall be given as

1 FCU = $1,300.

The right dollar sum of revenue to Sanco will then be

12,000 FCUs x $1,300 = $15,600.

8 0

3 years ago

Donna wants to open her own business. She decides that she needs to make a strategy for determining what product she should sell

Tasya [4]

Answer:

Market survey

Explanation:

For Donna to open a new business in which she will be successful and very profitable she needs to know what problem/need her new business/product can solve in the society. this is very important to know before engaging in any form of business because businesses that solve problem/needs of its community tend to strive better even in a bad economy.

The best marketing strategy to determine this need/want is called Market survey. this survey can be carried out by creating a one page questionnaire about her intended product and post/send it to the relevant audience for appropriate feedback and also to professionals in her intended product. the feedback she gets from the questionnaire will help inform her on the best product to sell.

7 0

3 years ago