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Tanya [424]
3 years ago
9

At least once a year, budgeted spending should be compared against ____ spending.

Business
1 answer:
Savatey [412]3 years ago
7 0

Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.

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Prextos Corp., after incurring losses, decides to move its manufacturing unit to a foreign location where it would get labor at
Darya [45]

Answer:

Offshoring

Explanation:

offshoring is the  process of  moving an aspect of a business process overseas with the intention of  reducing cost.

A firm can move its manufacturing process from its own parent country to another country (usually where the  labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to  reduce  its cost of production thereby increasing its added value.

From the above explanation, we can conclude that Prextos is planning to employ  Offshoring to cut down losses.

7 0
3 years ago
Sneed Corporation issues 9,700 shares of $49 par preferred stock for cash at $66 per share. The entry to record the transaction
NARA [144]

Answer:

a.Preferred Stock for $475,300

and Paid-In Capital in Excess of Par—Preferred Stock for $164,900.

Explanation:

The par value it's a minimum price that the company assigns to the issued shares only to be used in the accounting system but it's not related to market price.    

This par value will be shown as a separate value in the section of stockholders' equity, reported under the item Paid-in-Capital, the difference with the market price it's reported as Preferred Stock.    

Cash                                                                            $640.200  Debit  

Preferred Stock                                                     $475.300  Credit  

Paid-In Capital in Excess of Par—Preferred Stock  $164.900  Credit  

7 0
3 years ago
A toy manufacturer has excellent sales figures for its toys in country P but inadequate figures in the neighboring country R. In
cluponka [151]

Answer: Analogy

Explanation:

The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.

This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.

6 0
3 years ago
In its static budget, Hat Trick Manufacturing budgeted sales of 75,000 units at a price of $85 per unit. Its actual sales revenu
Delicious77 [7]

Answer:

C : $6,375,000

Explanation:

The static budget revenue is the revenue resulting of the predicted sales volume selling at the predicted price per unit.

In this case, Hat Trick Manufacturing expected to sell 75,000 units at a price of $85 per unit.

The company's static budget is:

SB = 75,000*\$85\\SB=\$6,375,000

The answer is C : $6,375,000.

4 0
3 years ago
How vape advertisers target teens and children?
Romashka-Z-Leto [24]

Answer:

Explanation:

children or teens who see other people having vapes at there age they might want one too.

6 0
2 years ago
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