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Solnce55 [7]
3 years ago
14

Dermody Snow Removal's cost formula for its vehicle operating cost is $2,850 per month plus $317 per snow-day. For the month of

December, the company planned for activity of 16 snow-days, but the actual level of activity was 14 snow-days. The actual vehicle operating cost for the month was $7,640. The spending variance for vehicle operating cost in December would be closest to:
Business
2 answers:
antiseptic1488 [7]3 years ago
6 0

Answer:

$352  unfavorable variance

Explanation:

The spending variance operating cost in December can be ascertained by taking the difference between the actual vehicle operating cost of $7,640 and the budgeted vehicle operating cost using actual level of activity

Budgeted vehicle operating cost using actual level of activity=fixed vehicle operating plus variable multiplied by actual level of activity.

fixed vehicle operating cost is $2,850

variable cost per snow day is $317

actual level of activity is 14 snow days

spending variance=$7,640-($2850+($317*14))

                              =$7640-$7288 =$352

Korvikt [17]3 years ago
5 0

Answer:

$352 unfavorable

Explanation:

The spending variance for vehicle operating cost in December can be calculated the difference between actual cost and budgeted vehicle operating cost using actual activity.

As per given data

Budgeted cost = $2,850 + $317 x 14 = $7,288

Actual cost = $7,640

Spending variance = $7,640-$7,288

Spending variance = $352

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alukav5142 [94]

Answer:

The correct answer is nominal group technique.

Explanation:

This nominal group technique is a type of brain storming where structured meetings are being held among the members, where they will try to take out the solutions to the problems identified by them, and thus facilitating decision making. The meetings are structured here because the goal is to make sure the meetings are not dominated by few individuals and the silent members also share their thoughts and ideas with the rest of the group.

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Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25 years old. Neal invests $5,000 at 7 percent when he is 30
dolphi86 [110]

Answer:

Sue will have more money than Neal as long as they retire at the same time

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3 0
3 years ago
Kyle plans to punch patrick. he calls patrick and tells him he will punch him tomorrow at 4:00 pm. at 2:00 pm the next day, kyle
stepan [7]
<span>Technically, Kyle lied to Patrick about the time at which he would punch him. However, there is no contract to prove that this was what was said on the phone (heresay). Additionally, it does not mention that there was any sort of agreement or consideration made between the two of them regarding this. And even if there was, there might be a legality issue due to the fact that punching is both assault and battery when committed on a person, so the contract may not even be enforceable. In terms of civil torts, Kyle didn't really commit anything that is pursuable in court, but did commit battery and assault. If Patrick fell or hit his head further and was injured/killed, he would be liable for an involuntary action, of which would be manslaughter if Patrick died. He would also be able to be sued for wrongful death by Patrick's family.</span>
3 0
3 years ago
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An ideal prospect for a universal life insurance policy is someone who foresees a possible future need to adjust the amount of t
pshichka [43]

Answer:

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4 0
3 years ago
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m_a_m_a [10]

Answer:

$450,000

Explanation:

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2016 $ 500,000

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