Based on the discount offered and the cost of advertising, your budget variance is <u>$500 </u>and it is a <u>surplus</u>.
<h3>How much do you spend on advertising?</h3>
You need to advertise for 6 months which means that you will pay for two three-month advertising seasons.
The first season will cost $2,000 because of the discount and the second season will cost $2,500. Total cost is:
= 2,000 + 2,500
= $4,500
<h3>What is the Budget surplus?</h3>
= Budget - Amount spent
= 5,000 - 4,500
= $500
Find out more on budget variance at brainly.com/question/25625268.
Answer:
About 84.2
Explanation:
8% of 78.00 = 6.24
78.00 + 6.24 = 84.24 (Around 84.2
apologies if wrong
Answer:
Laser printer
Explanation:
Laser printers are quicker than inkjet printers (producing more pages per minute), generate higher-quality output (with some limitations), and are better suited for high-volume production. Laser printers produce significantly finer lines than inkjet printers, making them ideal for text, logos, and corporate information graphics.
Answer:
With a 10% required reserve ratio, the money supply could increase by $500,000/r when the loan is made.
This equals $5,000,000 ($500,000/0.1) where r = 10%
Explanation:
a) The money multiplier is the amount of money that banks generate with each dollar of reserves. Reserves is the amount of deposits that the Federal Reserve requires banks to hold and not lend.
b) The formula for the money multiplier is simply 1/r, where r = the reserve ratio.
c) The reserve ratio, also known as Cash Reserve Ratio, is the percentage of deposits which commercial banks are required to keep as cash according to the directions of the central bank. It is used by the central bank to control the supply of money in the economy. When the central bank wants to increase the money supply, it lowers the reserve ratio and vice versa.
d) According to wikipedia.com, "the money supply is the total value of money available in an economy at a point of time." It is usually defined as currency in circulation plus demand deposits. It is the demand deposits that give commercial banks the ability to create money using the reserve ratio.
Answer:
16,000
Explanation:
The amount of inventory to be produced is dependent on the projected sales, the expected opening and ending balances.
If the company desires to have an ending inventory of 80% of the next month's sales. It means that the ending inventory for August
= 80% × 15,000
= 12,000 units
Let the units to be produced in August be G, then;
8000 + G - 12000 = 12000
G = 12000 + 12000 - 8000
= 16000 units
The company should produce 16,000 units in August.
