Answer:
The spending variance for Utilities is $ 2,900(F)
Explanation:
In order to calculate the spending variance for Utilities we woud have to calculate first the Total Budgeted Cost as follows:
Budgeted variable cost for 30000 hours = $ 82,000-13,000 = $ 69,000
Budgeted variable cost for 33000 hours = $ 69,000x(33000/30000)
= $ 75,900
Therefore, Total Budgeted Cost = $ 75,900+13,000= $ 88,900
Spending Variance = Budgeted Cost-Actual Cost
Spending Variance =$ 88,900- $86,000
Spending Variance =$ 2,900(F)
The spending variance for Utilities is $ 2,900(F)
Answer:
Operating cash flow= 297,000
Explanation:
Giving the following information:
EBIT= 260,000
Depreciation= 150,000
Interest= 50,000
t= 0.3
<u>To calculate the cash flow, we need to use the following structure:</u>
EBIT= 260,000
Interest= (50,000)
EBT= 210,000
Tax= (210,000*0.3)= (63,000)
Depreciation= 150,000
Operating cash flow= 297,000
Answer:
d. $240.00
Explanation:
Calculation to determine what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes?
2004 CM% = 12.5% ($15/$120)
2005 CM = $2,400,000 ($1,000,000 + $200,000)
2005 CM per unit = $2,400,000/80,000 units
2005 CM per unit= $30 CM per unit;
2005 selling price per unit = $30/.125
2005 selling price per unit= $240
Therefore what should the 2005 price be if Thor is to make the same $200,000 profit before income taxes is $240
If net income rise, but the number of shares outstanding remains the same, eps will rise. The given statement is true.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Net income, as used in business and accounting, is an entity's revenue less costs associated with producing it, depreciation and amortization, interest, and taxes for a certain accounting period.
Learn more about Net income here
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Answer:
broke people
Explanation:
if you broke then maybe they help