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Sati [7]
3 years ago
13

Complete these sentences to describe categories of budget expenditure items.

Business
2 answers:
alexandr402 [8]3 years ago
8 0

Answer:

Known before

Estimated after

Variable

Explanation:

Alex787 [66]3 years ago
3 0

A fixed expense is one for which the amount is <u>same</u>, and it should be considered <u>planning </u> other expenses.

A variable expense is one for which the amount is <u>changing</u> and it should be considered <u>saving </u> fixed  expenses.

Discretionary spending is the most <u>irregular</u> budget item and the easiest to change.

Explanation:

Fixed expense - Amount is fixed

Variable expense - Amount is changing as per needs

Discretionary expense - Non-essential budget amount as per wants

Budget - A plan to save and spend expenses or cash-flow and managing them by writing them down regularly

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valina [46]

Answer: revenue of $14,000 and expense of $6,000 in Year 1.

Explanation:

In accrual accounting, it should be noted that for this accounting method, the revenue or expenses that are made by the individual or company will be recorded as at the time that the transaction took place and not when the payment for the transaction was gotten.

Since Costello company performed $14,000 of services and also incurred $6,000 of wage expenses, then Costello will report revenue of $14,000 and expense of $6,000 in Year 1.

7 0
3 years ago
19. Regarding alternate backup sites, which of the following is a low-cost site?
dlinn [17]

Answer:

The correct option is C

Explanation:

Cold site is one of the kind of the location of the business, which is usually worn or used for the proceeding of disaster as a backup while in the disruptive operational in the normal site of the business.

In short, it is stated as an office for the sites which needed or required backup because it have the required equipment, which will resume or direct the operations. But there is problem that it  does not happen always or regularly.

So, the one which is a cost site that is very low is the cold site as it does not support the requirements of the quicker recovery.

7 0
3 years ago
In response to the u.s. income distribution trend toward ________, levi-strauss introduced premium levi's capital e line to upsc
shtirl [24]
In response to the US income distribution trend towards LOW AND HIGH INCOME, Levi Strauss introduced ........................
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8 0
3 years ago
A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du
morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

<span>Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)</span>
Total Cost = $218,000      -----> ANSWER

We deduct the initial from the final inventory to get the balance.          

<span> </span>

5 0
3 years ago
Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced t
Sav [38]

Answer: targeting

Explanation: In simple words, targeting strategies refers to the strategy involving the selection of potential customers and product that will be offered to those customers.

In the given case, Chandler is doing a minor change in the presentation of the goods offered so that he can target different type of customers. In the first store he is trying to target the high value customers by arranging the goods in a sophisticated manner and in the second one he is targeting the common customer.

Hence from the above we can conclude that Kumar is using different targeting strategies.

8 0
3 years ago
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