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dmitriy555 [2]
3 years ago
8

Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $174

,560 budgeted expenses include $115,520 in variable expenses for desks and $19,040 in variable expenses for chairs, as well as $40,000 fixed expenses. the actual expenses include $41,800 fixed expenses. list fixed and variable expenses separately.
Business
1 answer:
Natasha2012 [34]3 years ago
5 0

Answer:

Variable Expenses

Desk   $115,520

Chairs $19,040

Fixed cost

Budgeted   $40,000

Under absorbed $1,800

Explanation:

Variable costs are those will vary will the change in sale or activity level e.g material cost, labor cost etc.

Fixed costs are those which remains fix and does not vary with the change in sale or activity level.

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Pasadena Candle Inc. projected sales of 800,000 candles for the year. The estimated January 1 inventory is 35,000 units, and the
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<u>Explanation:</u>

<u>production budget report in units for Pasadena Candle Inc is as follows:</u>

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Suppose that Spain and Denmark both produce rye and stained glass. Spain's opportunity cost of producing a pane of stained glass
vlabodo [156]

Answer:

By comparing the opportunity cost of producing wine in the two countries, you can tell that SPAIN has a comparative advantage in the production of wine and DENMARK has a comparative advantage in the production of rye.

Suppose that Spain and Denmark consider trading wine and rye with each other. Spain can gain from specialization and trade as long as it receives more than 4 bushels of rye for each bottle of wine it exports to Denmark. Similarly, Denmark can gain from trade as long as it receives more than 1/10  of wine for each bushel of rye it exports to Spain.

Based on your answer to the last question, which of the following terms of trade (that is, price of wine in terms of rye) would allow both Denmark and Spain to gain from trade? Check all that apply.

  • b. 8 bushels of rye per bottle of wine
  • c. 9 bushels of rye per bottle of wine

Explanation:

Spain

wine = 4 bushels of rye

bushels of rye = 1/4 wine

Denmark

wine = 10 bushels of rye

bushels of rye = 1/10 wine

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