1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jolli1 [7]
3 years ago
13

An internal report that helps management analyze the difference between actual performance and budgeted performance based on the

actual sales volume (or other level of activity) is called a(n):
a. sales budget performance report.
b. flexible budget performance report.
c. master budget performance report.
d. static budget performance report.
e. operating budget performance report.
Business
1 answer:
sergey [27]3 years ago
4 0

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that this is called a flexible budget performance report. Like mentioned in the question this is a report that compares the budgeted revenues with the actual revenues based on the volume of sales that the company has undertaken in a certain period of time. Every company uses this in order to make sure they are meeting sales goals and fix any problems that they may otherwise not know are there.

You might be interested in
What distinguishes open-ended credit from closed-ended credit?
KiRa [710]

Open-ended credit is credit that can be used repeatedly.

Example: A credit card

Close-ended credit is credit that has to be paid in full by a certain date

Example: A house loan (mortgage)

6 0
2 years ago
Read 2 more answers
PLEASE HELPPP 50 pts!
soldi70 [24.7K]

Answer:

Her investing plan is saving up by finding a place to keep money you should probably worry on other things save up then spend if not you'll probably lose more money than needed find a place where they dont change much based on your money find a place where theres no scams you need to research to find a plan and a safe place.

3 0
3 years ago
Price Manufacturing assigns overhead based on machine hours. The Milling Department logs 1,800 machine hours and Cutting Departm
kifflom [539]

Answer and Explanation:

The Journal entry is shown below:-

Work in progress Dr, $24,000

        To Manufacturing Overhead $24,000

(Being the overhead assigned is recorded)

For recording this we debited the work in process as it increased the assets and credited the manufacturing overhead for assigning the overhead

Working note

Overhead amount = (Milling Department + Cutting department) × Overhead rate

= (1,800 + 3,000) × $5

= $4,800 × $5

= $24,000

5 0
3 years ago
Suppose a firm wants to maintain a specific TIE ratio. It knows the amount of its debt, the interest rate on that debt, the appl
ra1l [238]

Answer:

a. True

Explanation:

TIE means times interest earned, whose formula is provided below:

Times interest earned=EBIT/interest expense

With the above formula, we can determine the EBIT (earnings before interest and tax)

Depending on the company's cost structure, when  the operating costs are added to EBIT, the result would be the company's sales revenue

EBIT=Sales revenue-operating costs

Sales revenue=EBIT+operating costs

3 0
3 years ago
Enrique was given an employment test that measured his desire to work hard and perform well at his job. This is an example of wh
UNO [17]

Answer:

The correct answer is personality.

Explanation:

Questionnaires or personality tests have been designed for the evaluation of an individual's personality. From all the definitions of personality we can conclude that personality is a construct that gives unity to all the psychological manifestations of man. These manifestations can be directly observable or external (body movements) such as indirectly observable or internal (thoughts, emotions, values, etc.).

6 0
3 years ago
Read 2 more answers
Other questions:
  • Who is the home inspector's most important source of business leads?
    12·2 answers
  • On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
    7·1 answer
  • An insurance company has offered your friend the choice of $45,000 per year for 15 years, with the first payment being made toda
    10·1 answer
  • Research Hershey's organizational chart and organizational structure. Type a one page paper describing Hershey's organizational
    11·1 answer
  • What event had an enormous effect on US workplace safety?
    6·2 answers
  • If the coupon rate on a bond is higher than the yield to maturity, Multiple Choice the bond sells at a discount. the coupon rate
    10·1 answer
  • An asset used in a four-year project falls in the five-year MACRS class for tax purposes The asset has an acquisition cost of $5
    14·1 answer
  • At February 1, 2022, the balance in Wildhorse Co. supplies account was $3780. During February Wildhorse purchased supplies of $3
    5·1 answer
  • P1 returns goods previously purchased on credit from P2.
    15·1 answer
  • On August 1, 2020, Jose purchased and placed in service a building that cost $1,200,000. An appraisal determined that 25% of the
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!