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3 years ago

Maria's initial project budget was increased from $16,000 to $18,000. What was the variance from the initial budget?

Business

2 answers:

4vir4ik [10]3 years ago

7 0

The correct answer to the question is d 12.50

Ira Lisetskai [31]3 years ago

4 0

Answer:

D. 12.50%

Explanation:

Initial budgeted amount = $16,000

Final budgeted amount = $18,000

Change in amount budgeted = $18,000 - $16,000 = $2,000

Variance from initial budget is the ratio of the change in the budgeted amount to the initial amount budgeted expressed as a percentage.

Therefore,

Variance = (2000/16000) × 100%

= 12.5%

Option D. 12.50% is right.

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Your mum your mum your mum to you too

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3 years ago

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Golddex Corporation has decided to sell some old equipment to make room for a new project. The salvage value of the equipment is

never [62]

Answer:

The correct answer is $263,200.

Explanation:

According to the scenario, the given data are as follows:

Salvage value =$220,000

Working capital = $60,000

Book value = $140,000

Tax rate = 21%

So, Gain on disposal = Salvage value - Book value

= $220,000 - $140,000 = $80,000

Now, Tax paid on gain on disposal value = Gain on disposal × tax rate

= $80,000 × 21% = $16,800

So, Salvage value after tax = Salvage value - Tax paid on gain on disposal value

= $220,000 - $16,800

= $203,200

So, we can calculate the terminal cash flow by using following formula:

Terminal cash flow = Salvage value after tax + Working value

= $203,200 + $60,000

= $263,200

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3 years ago

Lester Moy bought two new Michelin Tires for his car at $99.55 per tire. He was also charged $4.95 per tire for mounting, $2.65

Arte-miy333 [17]

You have to do some adding and multiplying. first 99.55 times 4 tires

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4 years ago

Sanchez & Company produces paints. On July 1st it had no work in progress inventory. It starts reduction of 150,000 gallons

True [87]

Answer:

transferred-out: $ 300,000

ending inventory $ 12,000

Explanation:

Stareted: 150,000 gallons

Completed: (120,000) gallons

Ending WIP 30,000 gallons

Ending WIP: 16% complete

<u />

materials 137,000

conversion cost 175,000

Total cost: 312,000

We aren't given with an indicator about the 16% is for materials or conversion, so we assume is fro both cost.

<u>Equivalent units:</u> 120,000 complete + 30,000 x 16% = 124,800

Cost per equivalent unit: $312,000 / 124,800 = $2.5 per unit

transferred-out: 120,000 gallon x $ 2.5 per gallon = $300,000

ending inventory 30,000 gallon x 16% completion x $ 2.5 per gallon = $12,000

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3 years ago

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion f

riadik2000 [5.3K]

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.

<h3><u>What are Market Segments?</u></h3>

People who are gathered together for marketing purposes are referred to as market segments.
Market segments are subsets of a broader market that frequently group people together based on one or more shared traits.
Companies and their marketing departments define a target market for their goods and services using a variety of factors.
Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.

In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.

Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.

Know more about market segments with the help of the given link:

brainly.com/question/27993208

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2 years ago