Given:
<span>Ashley, bought the car with some of his own money and the rest a car loan.
Nikki bought the car with cash.
Jared leased the car.
</span><span>My Answer: Nikki has the option to choose the less expensive liability-only insurance coverage.
Because Nikki paid the car in cash, the ownership of the car is fully Nikki's. Thus, she can choose the less expensive liability-only insurance coverage without any party objecting to her choice.
Ashley co-owns the car with the company or bank she loaned the balance to. She has to heed the decision of the co-owner.
Jared does not own the car. He only leased it.
</span>
Answer:
$6.18
Explanation:
Data provided in the question:
Lease payment = $3,091 per month
Wages = $2,208
Amount for Flowers and other supplies = $1,887
Number of flower arrangements produced per month = 662
Now,
The Variable cost are Wages and Amount for Flowers and other supplies
therefore,
Total variable cost = $2,208 + $1,887
= $4,095
Hence,
Emma’s average variable cost of production
= [ Total variable cost ] ÷ [ Number of flower arrangements produced ]
= $4,095 ÷ 662
= $6.18
Answer:
c. $3,200 favorable.
Explanation:
We know that
Total controllable cost variance = Budgeted overhead cost - actual overhead cost
where,
Budgeted overhead cost = Variable overhead + Fixed overhead
where,
Variable overhead = 40,000 units × $2 = $80,000
And, the fixed overhead = $72,000
So, the budgeted overhead = $152,000
And, the actual one is $148,800
So, the total controllable cost variance would be
= $152,000 - $148,800
= $3,200 favorable
Answer:
$120
Explanation:
The computation of the cost is shown below:
= Cost per month flat for 1,000 units + extra cost if exceeded 1,000 minutes
where,
Cost per month flat for 1,000 units = $50
And, the extra cost is
= $0.35 × 200 minutes
= $70
So, the total cost is
= $50 + $70
= $120
The 200 minutes is come from
= 1,200 minutes - 1,000 minutes
Answer:
fiscal policy
Explanation:
Fiscal policy is the policy which is used by the government the tax rate and government spending economy to analyse the economy of the nation
It is a technique through which a national bank impacts a country's cash supply.
The instances of fiscal policy are tax reductions and expanded government spending. Both of these strategies are proposed to build total interest while adding to shortages or drawing down of spending plan surpluses.
