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vfiekz [6]
2 years ago
13

Budget performance reports summarize:_____.

Business
1 answer:
NemiM [27]2 years ago
3 0

Budget performance reports summarize: b. normal standards

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

A budget performance report contrasts the performance of the actual budget with what was anticipated. It enables comparison between actual account transactions for a given time and budget numbers for related periods. All transactions entered in batches or journals that are submitted to the ledger, as well as documents that are updated to the ledger and point-of-sale invoices, will be included. 

Your projected budget and actual statistics for a given financial quarter are compared in the Profit & Loss by Budget Performance Report. This makes it simple to determine which "budget items" performed better than anticipated and which did not live up to expectations.

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Langdon Company produced 9,600 units during the past year, but only 8,500 of the units were sold. The following additional infor
tiny-mole [99]

Answer:

tryr645r64yrtr6tyfytyghfgdgfhghghfgdtriyjggdttuhhftthffdttgdfe

5 0
3 years ago
in vertical analysis of the income statement, we usually express each income statement item as a percentage of: multiple choice
gtnhenbr [62]

In vertical analysis of the income statement, we usually express each income statement item as a percentage of: sales.

<h3>What is income statement?</h3>

Income statement can be defined as the statement that help to show the income and expense of a company in which when the income is higher than the expense it is net income and when the expense is higher than the income it is net loss.

In vertical analysis of the income statement the income statement item is often express  as a percentage of sale.

Therefore the correct option  is D.

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7 0
1 year ago
A company has already incurred $8,400 of costs in producing 6,600 units of Product XY. Product XY can be sold as is for $26 per
olga nikolaevna [1]

Answer

The company should sell XY as it is because processing it further would reduce its income by $(33,000)

Explanation

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>

Product A                                                                $

Additional revenue ( 31 -26)×  6,600               33,000

Further processing cost (10×  6600)             <u> ( 66,000)</u>

Loss from further processing (100)               <u>(33,000)</u>

7 0
3 years ago
Individuals who are paid by someone in exchange for labor or service are referred to as:_____.
forsale [732]

Service providers are individuals who are paid by someone in exchange for labor or service  An organization that offers services to other organizations, such as consulting, legal, real estate, communications, storage, and processing, is known as a service provider (SP). A service provider is typically a third-party or outsourced supplier, though it is possible for it to be a member of the company it supports.

A organization might hire advisors, independent consultants, law companies, design studios, and investment banks as examples of prospective service providers. Service providers are people or businesses that offer services to businesses and other parties. They offer network, processing, and storage services.

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7 0
2 years ago
What would be two things you may want to use installment credit for in the future?
Marat540 [252]

Installment credit is a loan with specific Monthly Payments, Terms, and Interest. These loans can be used to buy homes or cars and are effective for starting a business.

3 0
3 years ago
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