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Evgen [1.6K]
3 years ago
7

In a flexible budget performance report _____.

Business
1 answer:
natulia [17]3 years ago
3 0

Answer:

b. the budget is adjusted to the actual activity for the period.

Explanation:

A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance.  The report shows the difference between the actual results and the estimated numbers.  Management uses the report to determine if the company's results were in line with management expectations.

The performance report is prepared at the end of a financial period.  It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period.  The report helps the management identify the companies strong areas, and the sections that need improvements.

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When units produced exceed units sold, net income will generally be ______ costing. Multiple choice question. the same under bot
Vika [28.1K]

Answer:

higher under absorption costing than under variable costing.

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

In Business management, when the total units of goods produced by a business firm (manufacturer) exceed the total units of goods sold, net income will generally be higher under absorption costing than under variable costing.

7 0
3 years ago
Marston Manufacturing Company is considering a project that requires an investment in new equipment of $3,600,000, with an addit
Artyom0805 [142]

Answer:

a. $3,780,000

Explanation:

According to the scenario, calculation of the given data are as follows

New equipment = $3,600,000

Shipping and installation = $180,000

We can calculate the total cost of Martson's new equipment by using following formula,

Total Cost = New equipment cost + Shipping and Installation cost

By putting the value, we get

Total Cost = $3,600,000 + $180,000

= $3,780,000

6 0
3 years ago
Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup
sashaice [31]

Answer:

The opportunity cost is $24,000

Explanation:

Giving the following information:

Suppose your expenses for this term are as follows:

tuition: $12,000

Room and board: $6,500

Books and other educational supplies: $1,500.

Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.

Costs of college:

tuiton= 12000

Books= 1500

Lost of salary= 10,500

Total= $24,000

8 0
3 years ago
Adam kisses the sleeve of Eve’s blouse, an act to which she did not consent. Has Adam committed a tort and if so, which one? Exp
FromTheMoon [43]

Answer:

Yes, Adam committed a tort.

Explanation:

In the situation, when Adam kisses the sleeve of Eve's blouse but without her consent, he committed  a tort. A tort can be defined as a civil wrong which harm other. Here, Adam's act of kissing the sleeve was an invasion of Eve's privacy. It also caused her emotional distress. Therefore Adam has a legal liability in this case as it is tort.

8 0
2 years ago
The total sales of a product, by all competitors in the industry, is:____.a. highest in the introduction stage.b. lowest in the
irina1246 [14]

Answer:

The total sales of a product, by all competitors in the industry, is:____

e. lowest in the market introduction stage.

Explanation:

The product life cycle refers to the time period when a product is first introduced to a market until it exits the market.  There are four main stages in a product life cycle.  They include introduction, growth, maturity, and decline.  It is during the introduction phase that the total sales are lowest.  The low sales are witnessed again during the latter stage of decline.   The highest sales are achieved during the maturity stage.

3 0
3 years ago
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