Answer:
$6,300( unfavorable)
Explanation:
The relative variance of the utility expense is the budgeted utility expense minus the actual utility expense.
Budgeted utility expense=$38,700
actual utility expense=$45,000
relative variance for utility expense=$38,700-$45,000
relative variance for utility expense=-$6300
Note that this has to do with a cost, hence, the lesser your actual cost is compared to the budgeted cost, the better.
Since actual cost is higher than budgeted, it means more money than expected was spent, all in all, it is an unfavorable variance.
The answer is true, just did a quiz with that question, answered true, and got it right. so it is most likely TRUE.
Hope I helped ^.^
Answer:
e. $104,000.
Explanation:
The computation of the ending capital balance is shown below:
As we know that
Ending capital balance = Opening capital balance + net income - withdrawn amount
where,
Opening capital balance = $64,000
Net income is
= Revenues - expenses
= $100,000 - $48,000
= $52,000
And, the withdrawn amount is $12,000
So, the ending capital balance i s
= $64,000 + $52,000 - $12,000
= $104,000
<span>The veteran chosen would probably be Veteran B. Veteran A seems like he has been doing well for himself financially, and additional funds would only help to enrich him further. Veteran B has a more immediate need for the money: to buy a house large enough for him and his mother, who is probably the caretaker due to his severe injury.</span>