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3 years ago

A revenue variance is the:

Business

1 answer:

IceJOKER [234]3 years ago

6 0

Answer: Option C

Explanation: In simple words, revenue variance refers to the difference between the revenue one expects to earn as per the budget made for a specified period of time and the revenue it actually earned in that time.

Organisations calculate revenue variance to identify the reasons they are not performing well or the qualities they are performing more than expected.

This measure helps organisation in decision making as to whether they should make changes in their process, and if so then wheat changes, or should remain as they are.

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Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: Ap

quester [9]

Answer:

Cost of goods sold on April 25 is $13.80 and the inventory balance is $55.20

Explanation:

Data given:total unit

Cost of purchase with data;

Date Amount

April 5 $10

April 10 $12

April 15 $14

April 20 $16

April 22 $17

Total cost 69

Average cost = total cost /total quantity

= 69/5

=13.8

The cost of the ending inventory is given on the balance sheet below

Date Purchases Cost of Inventory Bal. Avg Cost

goods sold

April 5 $10* 1 unit= $10 - $10 10/1 = $10

April 10 $12* 1 unit=$12 - 10+ 12 = 22 22/2 = 11

April 15 $14* 1 unit=$14 - 22+14 =36 36/3 = 12

April 20 $16* 1 unit= $16 - 36 +16 =52 52/4 = 13

April 22 $17* 1 unit = $17 - 52+17 =69 69/5 = 13.8

April 25 - 1 unit*13.8 = 13.80 69 - 13.8 = 55.20

5 0

3 years ago

Jane and Joe made two investments of $25,000 and $40,000 with different investors that yielded a combined rate of return of 10%

OLga [1]

Answer:

10.625%

Explanation:

The combined rate of return for two investments can be calculated using the below mentioned formula:

Combined interest=[(interest rate of first investment*first investment+interest rate of second investment*second investment)/(First investment+Second investment)]

In the given question

Combined interest=10%

Interest rate of first investment=9%

First investment=$25,000

Interest rate of second investment=?

Second investment=$40,000

10%=[(9%*25,000+Interest rate of second investment*$40,000)/(25,000+40,000)]

10%=(2250+Interest rate of second investment*$40,000)/65,000

10%*65,000=2250+Interest rate of second investment*$40,000

6500-2250=Interest rate of second investment*$40,000

4,250=Interest rate of second investment*$40,000

Interest rate of second investment=10.625%

5 0

3 years ago

From the above schedule of activity costs, determine the internal failure costs.

irina1246 [14]

I think so this is your holiday homework and teachers are thinking that you are doing your self

6 0

2 years ago

Baxter Co. wants to issue new 18-year bonds for some much-needed expansion projects. The company currently has 6 percent coupon

lesya [120]

Answer:

5.52%

Explanation:

The coupon rate is given below:

Given that

Future value = $1,000

Present value = $1,055

NPEr = 18 × 2 = 36

PMT = $1,000 × 6% ÷ 2 = $30

The formula is shown below:

=RATE(NPER;PMT;-PV;FV;TYPE)

The present value comes in negative

After applying the above formula, the rate is

= 2.76% × 2

= 5.52%

7 0

2 years ago

During 2021, Jasmine, a self-employed individual, paid the following amounts: State income tax $2,400 State sales taxes 2,950 St

dsp73

Answer:

3350

Explanation:

Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.

2950+400= 3350

8 0

2 years ago