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QveST [7]
3 years ago
15

etrus Framing's cost formula for its supplies cost is $1,760 per month plus $10 per frame. For the month of March, the company p

lanned for activity of 616 frames, but the actual level of activity was 624 frames. The actual supplies cost for the month was $8,420. The activity variance for supplies cost in March would be closest to:
Business
1 answer:
IrinaK [193]3 years ago
3 0

Answer:

$80 U

Explanation:

Flexible budget [$1,760 + ($10 × 624)]

$1,760+$6,240= $8,000

Planning budget [$1,760 + ($10 × 616)]

$1,760+$6,160= $7,920

Flexible budget-Planning budget= Activity variance

$8,000-$7,920=$80

Activity variance $80 U

Therefore the flexible budget is greater than the planning budget, the variance is unfavorable (U)

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The percentage change in the quantity demanded of film divided by the percentage change in the price of cameras indicates:

The price elasticity of demand for film

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3 years ago
Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respe
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Answer:

$856,376.30

Explanation:

What is the terminal, or horizon, value of operations?

2 years, FCF 1 = 80,000, FCFC 2 = 100,000, Growth rate= 5%, WACC = 16%

==> 100,000*(1+0.05)/(0.16-0.05)

==> 100,000*(1.05/0.11)

==> 100,000*(9.545454(

==> 954,545

Calculating the value of Kendra's operations.

Years  Cash-flows   PVF at 16%    Present value

1           800,000       0.86206         68964.80

2          105,000        0.74316           78031.80

2          954,545        0.74316           <u>709379.70</u>

            Total value                           <u>856,376.30</u>

8 0
3 years ago
Lauren makes $150 a day as a bank clerk. she takes two days off work without pay to fly to another city to attend the concert of
Juli2301 [7.4K]
The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
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The opportunity cost of Lauren's decision to attend the concert is $600.
8 0
3 years ago
Do all rational consumers think alike why or why not
jeka57 [31]
Being rational does not necessarily mean that you have to think what others might be thinking for rationality means you consider what is most beneficial and try to balance it out with the negative effects of a specific actions. The benefits and detriments of a certain act might be varied in each person. 
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Google has written down the following: "to organize the world's information and make it universally accessible and useful." This
qaws [65]

Answer:

<h2>Mission Statement</h2>

Explanation:

A brief description of a company's purpose is called mission statement, it tells about the company's purpose for the public and employees. It varies from company to company as because every company describes it differently.

A mission statement is important as it serves as a base line for everyone in the organisation. It serves as the basis for effective business planning. Mission statements are used in  marketing as they are a company's public face. Companies also include them on their websites.  A good mission statement can inspire, surprise and transform your business

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