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
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

You might be interested in
Operating costs are the opposite of
NeX [460]

Answer:

Variable expenses. I'm not sure

6 0
4 years ago
Rubio recently invested $20,000 (tax basis) in purchasing a limited partnership interest. His at-risk amount is $15,000. In addi
kati45 [8]

Answer:

$2,000

Explanation:

From the question, the initial tax basis of Rubio is $20,000.  

In a partnership, share of profit will increase the initial basis while share of loss will reduce it.  

As the share of Rubio in the limited partnership loss for the year is $22,000, it will make his tax basis to fall to zero because the loss of $22,000 is greater than his tax basis. The amount by which the loss is greater than his tax basis, i.e. $2,000 ($22,000 - $20,000) will be the loss that is allowed considering only the tax basis loss limitations.  

Therefore, $2,000 loss is allowed to be carried over due only to the tax basis loss limitation.

4 0
3 years ago
e. The noneconomic effects of unemployment include a sense of failure created in parents and in their children the costs of movi
Ugo [173]

Answer:

Correct option is A

Explanation:

a sense of failure created in parents and in their children. ( all the other effects are economic )

7 0
4 years ago
Clorox sells five major product lines including cleaning, household, lifestyle, professional, and international. Together the pr
gulaghasi [49]

Answer:

the correct answer is

Product Mix

6 0
3 years ago
Mr. Buffett says the kinds of bad qualities some people show are qualities that no
Sergio039 [100]

Answer:

some people may or may not have bad manners, qualities can be in each individual and it can be on what you do lazy, or active, quiet, or it can be anything.

4 0
3 years ago
Other questions:
  • States that in an economy that produces more goods and services than can be consumed, advertising keeps consumers informed of th
    15·1 answer
  • Which term is used to describe a situation where most people who are looking for work are able to find a job?
    8·2 answers
  • Which of the following is classified as investment? I. existing homes II. business spending on new equipment III. purchase of co
    13·1 answer
  • To sell the same product or service in both the home-country market and the host country, referred to as?
    5·1 answer
  • Iris Souza started the summer with $30. She took $10 and made signs for her dog walking service. She posted the signs all over h
    12·1 answer
  • On November 1, 2018, Tim's Toys borrows $30,000,000 at 9% to finance the holiday sales season. The note is a six-month term and
    10·1 answer
  • Tara works as a senior manager at TechWin Software Inc. As part of her improvement program, she asked her team members to state
    14·1 answer
  • Describe three types of rewards in financial form<br>​
    7·1 answer
  • Question 15
    10·1 answer
  • Assume that labor is a variable input. the average wage of workers increases in a purely competitive industry. this change will
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!