Answer:
$150,000 (land (400,000) - current BP (250,000)
Explanation:
Hope this helps
Answer:
Part 1: Valerie takes home $3750 per month
Part 2: $750
Part 3: $515
Part 4: 20% of Valerie's monthly take-home pay
Part 5: No
Explanation:
Part 1:
Monthly take-home pay = yearly take-home pay/12 = $45,000/12 = $3750
Part 2: 20% of Valerie's monthly take-home pay = 20/100 × $3750 = $759
Part 3
Total expenditure every month = car loan payment + credit card payment = $405 + $110 = $515
Part 4
20% of Valerie's monthly take-home pay is $750
Total expenditure every month towards paying her debt is $515
20% of Valerie's monthly take-home pay is greater than her monthly expenditure in paying her debt
Part 5
She is not in danger of credit overload because her monthly take-home pay ($3750) far outweighs her monthly total expenditure ($515)
Answer: "(a) Frames and tires used in manufacturing bicycles" - Direct materials.
"(b) Wages paid to production workers." - Direct labor.
"(c) Insurance on factory equipment and machinery." - Manufacturing overhead.
"(d) Depreciation on factory equipment." - Manufacturing overhead.
Explanation: Direct materials are all those that are used directly in the production of a good or service.
Direct labor is that directly involved in the production of a good or service.
Manufacturing overheads are all those expenses that, although necessary for the production of a good or service, are not directly involved in the production process.
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Answer:
B. Actual
Explanation:
The budget analysis involves a comparison of the projected revenue and expenses against the actual performance. The budget analysis seeks to find out and understand any resultant variance. Budgets are prepared at the beginning of a period, but the budget analysis happens after the period is concluded.
A budget analysis helps determine if the organization achieved its objectives in the period under review. It helps point out areas of strength and weakness in the business.