Answer:
Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.
What department would be responsible for the variance? What would you recommend to correct the variance? Explain your reasoning.
Explanation:
In the Jet airways example, if the package price stays the same or higher but gettting a positive variation, good news are fake as this means that the number of passengers that were expected to travel, in fact diminished.
Your insurance company may reward you with a lower rate or deductible
Where is the rest of the question
Answer:
Savings in fixed costs= 30,800
Explanation:
Giving the following information:
Prockets Inc. just eliminated a product that had yearly sales of $120,000, yearly variable expenses of $48,000, and yearly fixed expenses of $92,000. By dropping the product, Sprockets increased its company-wide yearly net income by $10,800.
Loss= 120,000 - 48,000 - 92,000= -20,000
By dropping the product:
Savings in fixed costs= 20,000 + 10,800= 30,800
Answer:
amount of net cash from investing activities is $65000
Explanation:
given data
cash 1 = $25,000
cash 2 = $40,000
to find out
amount of net cash from investing activities
solution
we know that
to find out amount of net cash is cash flow from available for sale and held-to-maturity investments,
both of these are the investing activity
so that net amount cash from investing activity is equal = cash 1 + cash 2
net amount cash = 25000 + 40000
net amount cash = $65000
hence amount of net cash from investing activities is $65000
