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3 years ago

In developing a flexible budget within a relevant range of activity,

Business

1 answer:

gladu [14]3 years ago

6 0

Answer: d. it is necessary to relate variable cost data to the activity index chosen

Explanation:

The activity index shows how various activities have an impact on the cost of production.

When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.

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True or False.The type of powder used to dust prints will vary depending upon the weather conditions when the print is lifted.

solniwko [45]

False because the powder is always the same cause it would probably just get confusing for the investigators to figure out which powder they need to use

3 0

2 years ago

In a portfolio of three randomly selected stocks, which of the following could NOT be true; i.e., which statement is false?

Tpy6a [65]

Answer: b. The beta of the portfolio is higher than the highest of the three betas

Explanation:

The beta of a portfolio is calculated as a weighted average of the individual betas of the individual stocks. As such, the highest individual beta will be the upper limit of the portfolios entire beta.

For instance.

3 stocks A, B and C have betas of 1, 1.3 and 2 respectively.

A has a weight of 1%, B has a weight of 1% and C has a weight of 98%.

The portfolio beta will be;

= (0.01 * 1 ) + ( 0.01 * 1.3) + ( 0.98 * 2)

= 1.98

Even if the stock with the highest beta had an advantage of weighing such a high figure, it it mathematically impossible for the portfolio beta to be higher than it.

5 0

3 years ago

Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single p

Margarita [4]

Answer:

$93,600

Explanation:

The computation of the total contribution margin is shown below:

Given that

For 5,100 sales unit, the contribution margin is $91,800

So, for 5,200 sales units, the contribution margin would be

= Contribution margin × new sales units ÷ previous sales units

= $91,800 × 5,200 units ÷ 5,100 units

= $93,600

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

On March 31, 2018, Susquehanna Insurance purchased an office building for $11,700,000. Based on their relative fair values, one-

irakobra [83]

Answer:

2018:

building: 296,400

Furniture and fixtures: 270,000

Office Equipment: 340,000

Total: 906,400

Explanation:

11,700,000 1/3 to land: 3,900,000

11,700,000 2/3 to building: 7,800,000

Office Equipment: 204,000

Total: 11,904,000

Building depreciation: 

(historic cost - salvage value)/useful life

(7,800,000 - 7,800,000 x 5%)/25 = 296,400

As this is straight-line depreciation will be constant for both years.

Furniture and fixtures: double-declining

the assets depreciate at a rate double of straight line of the carrying value

carring value: 2/useful life

2018: 1,350,000 x 1/10 x 2 = 270,000

2019: (1,350,000-270,000) x 1/10 x 2 = 216,000

Office Equipment: double-declining

2018: 850,000 x 2/5 = 340,000

2019: (850,000 - 340,000) x 2/5 = 204,000

3 0

2 years ago

Harriet Kirby, a fund raising manager at a women's rights organization, experienced a bad incident last year with the public rel

murzikaleks [220]

Answer:

Explanation:

selective perception is a form of bias when new information is interpreted in a way that conforms to existing values and beliefs.

4 0

2 years ago