1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fittoniya [83]
3 years ago
12

The actual information pertains to the month of June. As part of the budgeting​ process, Colonial Fencing Company developed the

following static budget for September. Colonial is in the process of preparing the flexible budget and understanding the results. Actual Results Flexible Budget Static Budget Sales volume​ (in units) 11 comma 000 ​ ________ 20 comma 500 Sales revenues $ 610 comma 000 ​$ $ 615 comma 000 Variable costs ​256,000 ​$ ________ ​300,000 Contribution margin $ 354 comma 000 ​$ ​$315 comma 000 Fixed costs 231 comma 000 ​$ ________ 240 comma 000 Operating profit $ 123 comma 000 ​$ ________ $ 75 comma 000 The flexible budget for sales revenues will​ be?
Business
1 answer:
Alexxx [7]3 years ago
6 0

Answer:

330,000

Explanation:

Selling price per unit as per static budget

=$615,000÷$20,500

=$30 per units

Actual sales volume =11,000 units

Sales Revenue as per flexible budget = Actual sales volume × Budgeted selling price per unit

=11,000×30

=330,000

Therefore the flexible budget for sales revenues will​ be 330,000

You might be interested in
Charlie wants to register a name for his company. He wants a name that is specific to the company and makes the company easily i
sweet-ann [11.9K]

Answer:

The name of the company isLaunch Business As

6 0
2 years ago
Read 2 more answers
All the payroll information needed to prepare payroll and tax reports is found on
Kruka [31]

Answer:

c

Explanation:

7 0
3 years ago
For 2021, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750. a. How much loss can Sherri deduct in 2021?
lakkis [162]

Based on the information given the amount of loss that  Sherri deduct in 2021 is $3,000.

<h3>Short-term loss and long-term loss</h3>

Since he had both short-term loss and long-term loss the amount of loss that is deductible is $3,000 of capital loss. ($1,500 each for married filing separately).

Both the short-term loss and the long-term loss are combined up to the limit of the amount of $3,000 and the capital loss in excess of the amount of $3,000 are carried forward to following year.

Inconclusion the amount of loss that  Sherri deduct in 2021 is $3,000.

Learn more about short-term loss and long-term loss here:brainly.com/question/25117603

7 0
2 years ago
Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the survey
Ber [7]

Answer:

Benchmark.

Explanation:

In this scenario, Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case, the iron spike would be known as benchmark.

In real estate, benchmark can be defined as an indicator which is used by individuals or group of developers to measure and define properties such as a land. Iron spikes and wood stakes could be used as a benchmark for indicating ownership or measurement of a property.

8 0
3 years ago
Whistle Corp. has a preferred stock that pays a dividend of​ $2.40. If you are willing to purchase the stock at​ $11, what is yo
kiruha [24]

Answer:

B. 21.8%

Explanation:

Cost of preference capital = \frac{dividend}{price}\times100

No adjustment of growth rate is done as the dividend on preference capital is constant and do not grow in normal conditions, that is it only differs in exceptional conditions.

therefore, in the given instance we have,

Dividend = $2.40

Current price = $11

Expected Return = \frac{2.40}{11.00} \times 100 = 21.8%

Thus correct option is

B. 21.8%

6 0
3 years ago
Other questions:
  • RAM stands for _____.
    8·1 answer
  • When regulators engage in microprudential regulation, they focus on
    15·1 answer
  • The United States imposes a tariff on electronics imported from China. Which would be a result? China stops marketing all produc
    14·2 answers
  • Theresa sued her former employer for age, race, and gender discrimination. She claimed $200,000 in damages for loss of income, $
    5·1 answer
  • The best place to search for scholarship opportunities on a college website is on the _____ pages.
    15·2 answers
  • Lauren often travels to other grocery stores in the marketplace to observe how much they charge for the same products she stocks
    10·1 answer
  • The cost of energy consumed in producing good units in the Bottling Department of Mountain Springs Water Company was $36,850 for
    11·1 answer
  • In what IT pathway would you most likely need to be familiar with the system development life cycle?
    10·2 answers
  • Black Top Express has $1,320 of cash, inventory of $10,200, net fixed assets of $33,600, accounts payable of $3,650, accounts re
    5·1 answer
  • ABC had a net income of $8,000, $5,000, $12,000, and $10,000 over the first four years of the company's existence. If the averag
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!