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rusak2 [61]
3 years ago
13

According to the course materials, budgeting should be: a. Rigid with significant personal penalties if you miss your goal b. Ab

solutely accurate with no possibility for mistakes c. Flexible d. Completed once-a-year
Business
1 answer:
gavmur [86]3 years ago
4 0

Answer:

C) Flexible

Explanation:

The whole concept behind budgeting is that future costs are estimated. As always when you estimate some future event, there is a fair chance that your estimate will be mistaken.

No matter how well thought, calculated and recalculated your budget is, it usually only serve as a parameter. The fact that budgeting is not exact is not always bad, since your business sales can be higher than expected, so your whole production and costs budgets will be wrong, but for a good reason.

That is why budgets must always be flexible and easily adaptable to changes, either good or bad changes.

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The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead ra
mixer [17]

Answer: Option (C) is correct.

Explanation:

Given that,

In Dept. A,

Direct labor cost = $60,000

Manufacturing overhead = $90,000

Direct labor-hours = 6,000

Machine-hours = 2,000

In Dept. B,

Direct labor cost = $40,000

Manufacturing overhead = $45,000

Direct labor-hours = 9,000

Machine-hours = 15,000

Predetermined overhead rates in Dept. A = \frac{Manufacturing\ Overhead}{Direct\ labor\ cost} \times 100

                                                                       = \frac{90,000}{60,000} \times 100

                                                                       = 150%

In dept. B = \frac{Manufacturing\ Overhead}{Machine\ Hour}

                = \frac{45,000}{15,000}

                = $3

8 0
3 years ago
Harry has worked as a general manager at Gringard, a supply chain management firm, for eleven years of his professional life. Gr
Zepler [3.9K]

Answer:

C. He will most likely need to work variable shifts so that he can connect with all his team members.

Explanation:

He will most likely need to work variable shifts so that he can connect with all his team members.

5 0
3 years ago
Katie Simpson: Do you have time to meet this afternoon? Carl Mendoza: Sure. What’s up? Katie Simpson: We need to finalize the Ba
Ksenya-84 [330]

Answer:

Yes

Explanation:

Based on the given details of the conversation that transpired between Katie Simpson and Carl Mendoza we can vividly say that  the preceding IM transcript apply professional best practices reason been that Katie Simpson who is the caller went straight to point  to the main reason why she called the receiver which is Carl Mendoza, And during the course of the preceding TRANSCRIPT the proper use of grammers and words , spelling, full stop, exclamation mark and question mark were on point and  accurate.

6 0
3 years ago
Jacob and Harry are business partners in a company that manufactures portable solar panels. They initially started the business
klemol [59]

Answer:

C. Equity Financing

Explanation:

Based on all the details and financial steps that Jacob and Harry have undergone it seems that they are using Equity Financing. This type of financing refers to selling stocks of the company in order to raise capital, and making the investors partial owners of the company. Which is what Jacob and Harry seem to be doing by selling stocks of the company to family and friends in order to raise the capital they need to fund their business.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
A 28-year-old single investor has funds saved at a bank. He contacts an RR and wants to begin allocating funds to a retirement a
Contact [7]

Answer: a. 80% stocks, 20% bonds

Explanation:

Stocks are a better fit for young people for 2 reasons;

1. Younger people are usually more risk tolerant. This means that they can pick financial vehicles that are more reflective of this risk taking mentality such as Stocks.

2. As they are far from retirement, their main goal should be saving for retirement. Stocks offer a better chance as Capital Appreciation so that their investments will grow before they retire leaving them in a better position when they do.

Fixed income is more for the older generation so that they may be sure of stable income while they are in retirement.

At the same time, every portfolio should be diversified to avoid risk so 20% going to bonds is ideal.

6 0
3 years ago
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