Answer:
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2017
Second Quarter Year to Date
Product Line Budget Actual Difference Budget Actual Difference
The Edge 381,000 391,000 10,000 695,000 691,800 3,200 U
Explanation:
Croix's sales budget gives a forecast of the sales figure over the future period in order to help Croix plan its production or purchase of the newest guitar, The Edge so that customers' demand can be met and profit objectives of the company is achieved.
This is known as cloud computing. Cloud computing is when a company uses a network of remote servers hosted on the Internet to store, manage and process data instead of a server built into the computer. By doing this, a company or an individual isn't using up storage on their device and instead using a remote location known as the cloud to store their data.
Answer:
1. Charles's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China. - <u><em>exports (X),</em></u>
Exports include the goods or services that originate in the US and are then sold to entities outside the USA. Charles works in the US and is providing services to an Australian firm so this qualifies as an export.
2. Dina buys a new BMW, which was assembled in Germany. - <u><em>Consumption and Imports</em></u>
Consumption refers to amounts spent by households or people in the Economy on goods and services. Imports refer to the use of goods and/ or services that did not originate in the US. Dina both spent on a good as well as the good being from outside the US making it both Consumption and Imports.
3. Gilberto buys a new set of tools to use in his plumbing business. - <u><em>Consumption.</em></u>
Consumption refers to amounts spent by households or people in the Economy on goods and services so Gilberto spending on a new set of tools qualifies as Consumption.
4. Dina gets a haircut. -<em><u> Consumption.</u></em>
Consumption refers to amounts spent by households or people in the Economy on goods and services so Dina getting a haircut which is a service falls under Consumption.
5. The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Charles and Dina's house. - <u><em>Government Purchases</em></u>
Government Purchase which are otherwise known as Government Spending refer to money spent by the government in an Economy. The FAA is a Federal Government agency so expanding the runway is a Government Purchase.
Answer:
False
Explanation:
The money that people have in their retirement funds depends on the percentage of the income that they contributed with and the performance of the investments. Because of this, the statement is false because Bruce and Christopher may be both retiring from Best Conditioning Company but it is possible that their contributions to the fund were different which makes that the amounts in their retirement funds differ.
Answer:
$1,290
Explanation:
The work in process inventory account balance is given by the sum of the direct material cost, direct labor cost and the amount of applied overhead.
If the balance is $3,850, with material cost of $1,790 and direct labor cost of $770, the applied overhead is:
The amount of the applied overhead is $1,290.