Answer:
Profit = $<u>8,670</u>
Explanation
<em>A flexible budget is that prepare for the actual activity level achieved using the assumptions of the static budget. </em>
<em>So we will prepare a flexible budget for 88 jobs using the assumptions of the</em> <em>budget for 90 jobs</em>
Crimson Test Corporation
FLEXIBLE BUDGET
$
Explanation:
Revenue (88× $350) 30,800
Technical wages ( 88× $15)+8000 9320
Mobile operating (88×$30) +(3000 5640
Office expenses (88 × $10) + 2,000 2880
Advertising 1000
Insurance 1,650
Miscellaneous (88 × $5) + 1200 <u> 1,640</u>
Total expenditure <u>(22,130)</u>
Profit <u>8,670</u>
I believe he was successful due to his innovative production methods.
Hope this helps!!
Jacob will be paying because he should have reported it stolen.
Answer:
b. Amount of tax due on the sale of an asset
Explanation:
The book value of an asset is primarily used to compute the <u>amount of tax due on the sale of an asset</u>. The book value of an asset is value of asset on the company/ It is important to note that the book value is not a fair market value. Book value is an accounting and tax calculation. The salvage value of an asset is after-tax cash flow in an amount equal to sales price minus the tax due based on the sales price minus the book value.
Answer:
direct channel (or producer to consumer)
Explanation:
This channel is appropriate when a producer is trying to introduce an innovative product or service and wants to reach a large audience. The best way a manufacturer or producer can sell its products or services directly to consumer is through internet sales.