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mafiozo [28]
3 years ago
10

The following information was drawn from the accounting records of Ashton Company. Budgeted Actual Sales $ 5,000 $ 6,000 Cost of

Goods Sold (3,000 ) (3,600 ) Gross Margin 2,000 2,400 Variable Cost (1,000 ) (1,200 ) Fixed Cost (500 ) (400 ) Net Income $ 500 $ 800 Based on this information Ashton Company has a
a. $200 favorable fixed operating cost variance
b. $200 unfavorable fixed operating cost variance
c. $100 favorable fixed operating cost variance
d. $100 unfavorable fixed operating cost variance.
Business
1 answer:
zhuklara [117]3 years ago
5 0

Answer: c. $100 favorable fixed operating cost variance

Explanation:

Cost Variance is a way of measuring the efficiency of a Company or segment in terms of how well they are managing resources and keeping with the budget.

It is calculated by subtracting the Actual balance from the Budgeted balance.

If the result is negative it is called UNFAVORABLE. If it is positive on the other hand it'll be labeled FAVORABLE.

Option C is correct because,

Budgeted balance of Fixed Cost is 500.

Actual balance is 400.

Fixed Operating Cost Variance = 500 - 400

= $100

$100 is positive so it is $100 FAVORABLE.

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Most farmers own wells and tube-wells in their farms for irrigation to increase their produce, what adverse effect can this have
Mrac [35]

Most farmers own wells and tube wells on their farms for irrigation to increase their production, which affects the water level. Thus, option B is correct.

<h3 /><h3>Who is a farmer?</h3>

A farmer is someone who does agribusiness and cultivates living things for food or natural goods like crops, cotton, etc.

The farmers would have wells and tube well on the farm because the irrigation to be much at a higher level with water reduces the water level of the ground to a significant amount which would in the future affect the soil plantation as well the soil binding capacities

There will be a large-scale depletion in the water that is present underground. Therefore, option B is the correct option.

Learn more about farmers, here:

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A decrease in agriculture output

B reduction of the water level

C loss of capital

D loss of soil fertility

5 0
1 year ago
Clix,bugha,x2twins,tfue,
Oksana_A [137]

Answer:

Fort.nite hot ga.rbo

Explanation:

4 0
2 years ago
Corporate executives at LikeReal, Inc. decide to compete in the remote model airplane industry by making the largest model plane
steposvetlana [31]

Answer:

Business strategy

Explanation:

The idea to compete in a remote model air-plane industry is a part of the business strategy of like real.  This is a business strategy because the decision has been made to compete in an industry to gain more customers and to improve their share in the market.  It will also help like real to strengthen their performance and organisational goals.

5 0
2 years ago
At the annual stockholders meeting, investors heard a presentation on the numerous challenges facing the company, including amon
shtirl [24]

Answer:

<em>(D) among them the threat of a rival’s multibillion-dollar patent-infringement suit and the decline in sales of</em>

Explanation:

Simplified Meaning is: Several issues were heard by investors at the annual SHM.

Two problems were among those: a threat from the MDPI of a competitor and a decline in the sales of the strong microprocessor chip of the company.

Verbing modifier should amend the preceding clause and make much sense in relation to the preceding clause.

Modifies the problems here with the other options and does not suit well with the subjective "investors".

8 0
3 years ago
Acme Enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
Sedaia [141]

Answer:

Acme's current balance of accounts payable is $6000

Explanation:

The closing balance of accounts payable can be calculated using the opening balance and adjusting the changes during the period to the opening balance.

The closing balance can thus be calculated as:

Closing balance = Opening balance + Credit purchases - Payment to Accounts payable

Closing balance = 3000 + 4000 - 1000

Closing balance = $6000

8 0
3 years ago
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