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victus00 [196]
3 years ago
7

All of the following are true regarding variance investigation except: a.every variance is investigated. b.managers must conside

r whether a variance will recur. c.it is difficult to assess the costs and benefits of variance analysis on a case-by-case basis. d.variances are not investigated unless they are large enough to be of concern. e.the investigation should be undertaken only if the anticipated benefits are greater than the expected costs.
Business
1 answer:
MariettaO [177]3 years ago
3 0

Answer:

The option that is not true about variance investigation is A) every variance is investigated.

Explanation:

Every business projection and forecast is made based on speculation. These estimates in theory vary with what is obtainable in practice. Therefore, variance is inevitable.

It is not every variance that is investigated. Variances are not investigated unless they are large enough to be of concern and the investigation should be undertaken only if the anticipated benefits are greater than the expected costs.

Variance investigation models are concerned with decisions to investigate the cause of particular variances and in particular, to distinguish significant deviations from random fluctuations.

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The Tuck Shop began the current month with inventory costing $10,000, then purchased inventory at a cost of $35,000. The perpetu
GREYUIT [131]

Answer:

$500 shrinkage

Explanation:

Calculation to determine the amount of shrinkage occurred during the month

Using this formula

Shrinkage=Ending inventory-Actual count

Let plug in the formula

Ending inventory=$10,000 + $35,000 - $30,000 Ending inventory= $15,000

Shrinkage=$15,000 - $14,500

Shrinkage= $500

Therefore the amount of shrinkage occurred during the month is $500

6 0
3 years ago
Georgia’s gross pay was $35,600 this year. She is to pay a federal income tax of 16%. How much should Georgia pay in federal inc
jasenka [17]

Gross income is different from Taxable Income. There are deductions that must be deducted from gross income to arrive at the taxable income.

<h3>Federal income tax this year</h3>

Correct option is C.

Georgia pay in federal income tax this year "$5,696. 00"

In order to find federal income tax, calculate adjusted gross income.

Then from adjusted gross income,  subtract exemptions and deductions to get your taxable income.

Only 11 % of the people who belong to the age group 25-55 years do not pay federal income tax while more than 80% who belong to the age group of 75 years or older also do not pay tax.

Georgia's gross pay 35,600 this year.

Rate of federal income tax = 16%

Hence, amount paid by Georgia = 16/100×35,600 =$5696

Learn more about Gross income, refer to the link:

brainly.com/question/547727

3 0
2 years ago
Carla and Eliza share income equally. For the current year, the partnership net income is $40,000. Carla made withdrawals of $12
sveticcg [70]

Answer:

$54,000

Explanation:

Eliza's share of net income = $40,000 ÷ 2

                                             = $20,000

Eliza made withdrawals = $21,000

Eliza capital = $55,000

Eliza’s capital account balance at the end of the year:

= Eliza capital - Eliza withdrawals + Net income share of Eliza

= $55,000 - $21,000 + $20,000

= $54,000

Therefore, the Eliza’s capital account balance at the end of the year is $54,000.

8 0
3 years ago
Dina loves branded apparel and accessories but cannot afford to buy them too often. Fortunately, Dina lives close to an off-pric
inn [45]

Answer: Off- Price Retail Store

Explanation: An off price retail store also known as treasure hunt is a store that sells at very low prices. They stock wide range of original goods from well known manufacturers and sell at reduced price.

It focuses more on fashion goods from well known designers. The items bought here are well known for quality.

5 0
3 years ago
1.The Broomfield Bricklayers has a bond issue outstanding with an annual coupon rate of 9%. The par value of the bond is $1,000.
Charra [1.4K]

Answer:

answer 1.   9.24%

answer 2.   13.24%

Answer 3.  22.48%

Answer 4.   $1,134.20

Explanation:

answer 1

Coupon amount = Face value * coupon rate

=1000*9%

=$90

current price of bond=$974

Current yield = Coupon amount/current price of bond

=90/974

=0.09240246407 or 9.24%

answer 2.

sale price after one year = 1103

purchase price or opening price = 974

Capital gains yield = (Sale price - Purchase price)/Purchase price

=(1103-974)/974

=0.1324435318 or 13.24%

Answer 3

One year coupon received = $90

Expected return of bond = Current yield + Capital gains yield

=0.09240246407+0.1324435318

=0.2248459959 or 22.48%

Another formula:

Expected return on bond = (Coupon received + sale price - purchase price)/Purchase price

(90+1103-974)/974

=0.2248459959

or 22.48%

Answer 4

Calculator inputs

I/Y (discount rate)= 8%

N (number of periods ) = 10

PMT (coupon amount) = 1000*10% =100

FV (face value) = 1000

press CPT and then -PV

Answer will be $1,134.20

3 0
3 years ago
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