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Sonbull [250]
3 years ago
6

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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Describe carefully the main difference between the Keynesian approach and the real business cycle theory in terms of explaining
yulyashka [42]

Answer: For the real business cycle, technical fluctuation that triggers changes in outputs and employment, while for the Keynesian, income and output depend largely on the volume of employment.

Explanation:

The real business cycle theory assumes that when the market undergoes variation in it's ability to turn inputs into product, there is a technical fluctuation that triggers changes in outputs and employment

While the Keynesian, it's sees business cycles as periodic fluctuations of employment, income and their output. This income and output depend largely on the volume of employment.

5 0
2 years ago
Turner, Roth, and Lowe are partners who share income and loss in a 1:4:5 ratio (in percents: Turner, 10%; Roth, 40%; and Lowe, 5
Sonbull [250]

Answer:

Turner, Roth, and Lowe

a. Loss from selling the assets = $78,800

b. Loss allocation to the partners:

                                                            Turner      Roth      Lowe

Loss sharing ($78,800)                      $7,880    $31,520   $39,400

c. Capital contribution to cover deficiency:

                                                            Turner      Roth      Lowe

Contribution to cover deficiency     $3,000    $12,000    $15,000

Explanation:

a) Data and Calculations:

                                                            Turner      Roth      Lowe

Income and loss sharing ratio:               1                4             5

Assets before liquidation = $130,800

Liabilities = $82,000  

Capital balances                                 $2,900   $14,200   $31,700

Cash received from sale of assets = $52,000 ($82,000 - $30,000)

Loss from sale of assets = $78,800 ($130,800 - $52,000)

Loss sharing ($78,800)                      $7,880    $31,520   $39,400

Contribution to cover deficiency       $3,000      $12,000   $15,000

5 0
2 years ago
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p
photoshop1234 [79]

Answer:

                                       SONIC INC.

                                     SALES BUDGET

                        FOR THE MONTH ENDING JUNE 30

Product and Area   Unit sales volume   Unit selling Price  Total sales

<u>Rumble</u>

Midwest Region           12,000                      $160                  $1,920,000

South Region                <u>14,000</u>                      $160                 <u>$2,240,000</u>

Total                              <u>26,000</u>                                               <u>$4,160,000</u>

<u>Thunder</u>

Midwest Region          3,500                         $200                  $700,000

South Region               <u>4,000</u>                        $200                   <u>$800,000</u>

Total                              <u>7,500</u>                                                    <u>$1,500,000</u>

Total Revenue from sales = $4,160,000  + 1,500,000 = 5,660,000

2.                                                SONIC INC.

                                      PRODUCTION BUDGET

                               FOR THE MONTH ENDING JUNE 30

                                                      UNITS RUMBLE       UNITS THUNDER

Expected unit to be sold                  26,000                           7,500

Add: Desired Inventory June 30      <u>  500 </u>                             <u> 250</u>

Total                                                   26,500                            7,750

Less: Estimated Inventory June 1     <u>   750  </u>                           <u>  300</u>

Total units to be produced              <u> 25,750</u>                          <u> 7,450</u>

7 0
3 years ago
What is obscene is now determined by one uniform national standard. True or False?
GuDViN [60]

I believe this is false.

7 0
3 years ago
In order for the economy to be strong, individuals must a. produce goods and pay workers b. provide labor and pay workers c. pro
grin007 [14]

Answer:

The answer is C.

Explanation:

4 0
3 years ago
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