Answer: See explanation
Explanation:
1. Flexible budget
A flexible budget is referred to as a budget that adjusts with the changes in volume.
2. Static budget
This is the budget that's prepared for just one sales volume level.
3. Variance
The difference between an actual amount and the budget is referred to as the variance.
4. Flexible budget variance
Flexible budget variance is the difference between the actual results that are gotten and the results that are gotten through the flexible budget model.
5. Sales volume variance
This is the difference between the actual units that are sold and the expected number of units that are sold, which is then multiplied by budgeted price per unit.
Answer:
0.6
Explanation:
Variable Expense Ratio is calculated by taking Variable Expense and dividing it by Sales. This ratio indicates how much of the variable expense is incurred by company for each $1 Sales.
So, variable expense ratio is .6 or 60% (33,000 / 55,000).
Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.
So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).
Explanation:
First of all, I would take Body Mass Index of the male client to have clear idea about the amount of weight he is above or below the healthy weight bracket. Then I would take the fat test to have a knowledge about the excess of less fat in his body.
If he would be below the desirable fat level in his body, I would recommend him with a portion in which he would likely to take more good fats in order to develop healthy fats in his body. Similarly, if his fats are above the healthy range, i would restrict him to take bad fats like oils, creams, etc in his diet.
Now as in this question, the client has a muscular lean body, which means he is in the pretty healthy body type, so i would suggest him to eat everything including carbs, good fats, proteins, etc, but in small quantities.
Answer:
Financial accounting
Explanation:
The Generally accepted accounting principle (GAAP) is the standard, principles and procedures that accountant must follow or adhere to when compiling financial statements. The major objective of GAAP is to make the accounting process uniform so financial reports are comparable from one company to another.
Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.
<h3><u>What does Macroeconomics deal with?</u></h3>
- Macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.) in contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors.
- It analyzes the economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. It also analyzes the causes, stimulation and driving forces of these phenomena and how the national performance can be improved.
- The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
Therefore, the national performance indicators like inflation, unemployment, and federal government expenditures and resource utilization are analyzed are studied under Macroeconomics.
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