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frozen [14]
4 years ago
12

Select the possible​ source(s) of information a company might use to compute the budgeted amount in variance​ analysis?

Business
1 answer:
SVETLANKA909090 [29]4 years ago
6 0

Answer:

D) All of the above

Explanation:

A variance analysis measures the difference between actual and planned revenue and costs.  

In order to prepare reliable and effective budgets we must use technical information regarding expected sales volumes and costs. We can use our own companies past amounts and similar competitors' data as an starting point for our budget.  

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The price elasticity of demand for senior citizens purchasing coffee from McDonald's is −5, while non-senior citizens have a pri
alekssr [168]

Answer:

$0.10 and $0.02. is correct answer

Explanation:

Given:

Elasticity = - 5

Demand = -1.25

Computation:

-e = p / [p-mc]

5 = p / [p-0.02]

5p - 0.1 = p

p = 0.025

for new senior citizen;

1.25 = p / [p-0.02]

p = 0.1

So,

$0.10 and $0.02. is correct answer

8 0
3 years ago
The revenue recognition principle states that companies typically record revenue:_____.
Olin [163]

The revenue recognition principle states that companies typically record <u>revenue in the period in which they provide goods and services to the customers</u>.

The revenue recognition principle approach that agencies' sales are diagnosed while the product or service is taken into consideration and introduced to the customer — now not when the cash is acquired

The revenue recognition precept states that sales should be recognized and recorded while it is realized or realizable and when they are miles earned. In different phrases, groups shouldn't wait till sales are really accrued to document it in their books. revenue needs to be recorded when the business has earned the revenue.

According to usually accepted accounting principles, for a company to document revenue on its books, there needs to be a vital occasion to signal a transaction, including the sale of products, or a contracted mission, and there needs to be a fee for the products or services that matches the said price or agreed-upon fee.

Learn more about revenue recognition here brainly.com/question/26275324

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6 0
2 years ago
Net primary productivity is ________.
Dvinal [7]
Net primary productivity is the energy used by plants to make biomass after respiration
5 0
3 years ago
Read 2 more answers
Jane and Smith are considering the purchase of a home in downtown Minneapolis. They approached Larson’s Mortgagers Inc. to arran
sammy [17]

The answer is prequalification. This is a process or arranging with a mortgage lender in means of buying a home. It is an initial step and an essential step of having to manage and organize the financial needs that you need in order to buy a home.

4 0
3 years ago
Suppose social security contributions rise by​ $1 billion while social security benefits also rise by​ $1 billion.​ Further, per
Nadya [2.5K]

Answer:

The answer will be A

Explanation:

As the social security contributions and benefits remain the same in proportion, personal and national income will remain the same.

As disposable income is defined as personal income-personal taxes, and the personal income taxes fall by 500 million (included in the contibutions), this would mean that the disposable income increases.

8 0
4 years ago
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