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lidiya [134]
3 years ago
15

Dermody Snow Removal's cost formula for its vehicle operating cost is $2,990 per month plus $329 per snow-day. For the month of

December, the company planned for activity of 23 snow-days, but the actual level of activity was 21 snow-days. The actual vehicle operating cost for the month was $10,860. The spending variance for vehicle operating cost in December would be closest to:
Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer:

-$303 Unfavorable

Explanation:

The computation of spending variance is shown below:-

Spending variance = Flexible budget - Actual cost

= (23 × $329 + $2,990) - $10,860

= $7,567 + $2,990 - $10,860

= $10,557 - $10,860

= -$303 Unfavorable

Therefore for computing the spending variance we simply subtracted the actual cost from flexible budget.

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Azure Company uses the multiplier method to estimate hidden quality costs. The multiplier is determined to be 3, based on experi
damaskus [11]

Answer:

d. $990,000

Explanation:

The multiplier method assumes that the total external failure cost is a multiple of the measured external failure costs. In this case, based on experience, the company determined that the measured value must be multiplied by a factor of 3:

C=3* \$330,000\\C= \$990,000

Therefore, Azure Company's total external failure cost is $990,000

3 0
3 years ago
2. A couple would like to take a cruise to Alaska, 15 months from now. They have $1500 in a savings account. The savings account
ivann1987 [24]

Answer:

a.- $ 3,529.82  

b.-  $ 3,512.11

c.-  $   132,77

Explanation:

In each case, we must calculate the value of their current savings and the additional investment.

The saving are the same for each scenario so let's calculate that first:

Principal \: (1+ r)^{time} = Amount

Principal 1,500.00

time 15 years

rate 0.01000

1500 \: (1+ 0.01)^{15} = Amount

Amount 1,741.45

Then we add the funds generated from the investment:

a.- 110 annuity due for 15 month:

C \times \frac{(1+r)^{-time} -1}{rate}(1+r) = FV\\

C  $ 110

time 15 months

rate 0.01

110 \times \frac{(1+0.01)^{15} -1 }{0.01} = FV\\

FV $1,788.3651

We add the savings and get a total of:  $ 3,529.82  

b.- 110 ordinary annuity

C \times \frac{(1+r)^{time} -1}{rate} = FV\\

C  $ 110

time 15 months

rate 0.01

110 \times \frac{(1+0.01)^{15} -1}{0.01} = FV\\

FV $1,770.6585

Plus, original savings of 1,741.45 =  3,512.11  

c.-

If they need 3,900 then the fund must cover the difference between these and the savings future value:

3,900 - 1,741.45 = 2,158.55

Now we calculate the PMT, considering the payment are at the beginning:

FV \div \frac{(1+r)^{time} -1 }{rate}(1+r) = C\\

FV  $ 2,158.55

time  15

rate           0.01

2158.55 \div \frac{(1+0.01)^{15} -1}{0.01} (1+0.01) = C\\

C  $ 132.770

3 0
4 years ago
What features makes up a good budget
kicyunya [14]

- Flexibility

- Attainability

- Fixed expenses

- Recordings of spending and track progress

- Support from management

- An understanding of your debt and current income

7 0
3 years ago
Read 2 more answers
Two months ago, the Maryville Shirt company sold 2,000 shirts at $30 per shirt. Last month the company raised its price to $35 p
inysia [295]

Answer:

B. Increase in demand

Explanation:

Provided that

2 months ago,

The number of shirts sold = 2,000

Price per shirt = $30

Last month

The number of shirts sold = 3,000

Price per shirt = $35

As we can see that the demand is increased from 2,000 shirts to 3,000 shirts due to which the company changes its price from $30 per shirt to $35 per shirt.

So, ultimately the demand is increased

5 0
3 years ago
In Whitehall II, workers in lower employment grades had higher ___________ levels, beginning in the morning and continuing throu
Monica [59]

Answer:

<u>cortisol.</u>

Explanation:

Whitehall II studies aimed to investigate the social determinants of health, such as the mortality rate and the presence of cardiovascular diseases among British officials.

So it was found by that study that workers with low employment levels had higher cortisol levels, starting in the morning and continuing until the end of the day.

Cortisol is a hormone produced by the adrenal glands that has the function of helping the body to control stress, keep blood pressure under control, increase immunity and reduce inflammation. Therefore, from the presence of the workers' cortisol analysis, it was found that stress was related to poor sleep and work experiences.

3 0
4 years ago
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