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nekit [7.7K]
4 years ago
10

What budgeted amounts appear on the flexible budget report?

Business
1 answer:
kodGreya [7K]4 years ago
5 0

Answer:

The correct answer is C

Explanation:

Flexible budget report is the report of  management which compares the actual revenue or profit with the costs of the period or year along with the budgeted revenues or profits and the costs is grounded on the actual sales volume.

The amount appears on the report of the flexible budget is the budgeted amounts for the actual level of the activity achieved.

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Grayson Bank agrees to lend the Trust Company $100,000 on January 1.
Margaret [11]

Answer:

The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is

Debit           Credit

Cash $100,000

    Notes Payable $100,000

The right answer is c

Explanation:

According to the given data the interest will not be adjusted at the time of loan proceed and issuance of note

Therefore, The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is the following:

           Debit           Credit

Cash $100,000

    Notes Payable $100,000

To record the borrowing

6 0
4 years ago
All of your teammates are dedicated to the project. They put in the time and effort to complete their individual assignments and
lapo4ka [179]

Answer:

Structure team discussions to focus on a smaller set of key issues.

Explanation:

The best way to get outcome from the team is to set structure team discussions so they can focus on key issues and any ambiguity or issues can be resolved with an outcome as a team.

8 0
4 years ago
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.
Bond [772]

Answer:

$60 per unit

Explanation:

Total overheads:

= Overheads of fabrication department + Overheads of assembly department

= $90,500 + $109,700

= $200,200

Total labor hours:

= Blinks + Dinks

= (1,013 × 4) +  (1,859 × 5)

= 4,052 + 9,295

= 13,347

Overhead rate per hour = Total overheads ÷ Total labor hours

                                        = $200,200 ÷ 13,347

                                        = $15 per hour

Total overhead cost for blinks:

= Total hours for blinks × rate per hour

= 4,052 × $15 per hour

= $60,780

Overhead cost per unit for Blinks:

= Total overhead cost for blinks ÷ Total units

= $60,780 ÷ 1,013

= $60 per unit

5 0
3 years ago
Amy, Brooke, and Chelsea live in Minneapolis. Amy's demand for bike paths, a public good, is given by Q=24-4P. Brooke's demand i
Slav-nsk [51]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
3 years ago
Cost-benefit analysis attempts to A. compare the real worth, rather than the market values, of various goods and services. B. co
statuscvo [17]

Answer:

<u>Letter D is correct. C</u>ompare the benefits and costs associated with any economic project or activity.

Explanation:

A cost-benefit analysis is a business approach used to ascertain the main strengths and weaknesses of an organization as a whole. This includes the process of all organizational activities, transactions, and other substantial requirements for the company. The purpose of this approach is to compare the benefits and costs associated with the organization's activities and find ways to reduce costs, time and maximize earnings.

8 0
4 years ago
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