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Zielflug [23.3K]
3 years ago
13

Which of the following benefits could an organization reasonably expect from an effective budget program? Increased employee mot

ivation Uncover potential bottlenecks A) Yes Yes B) Yes No C) No Yes D) No No
Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer:

Option A is correct.

Explanation:

The increased employee motivation and uncover potential bottlenecks could organization reasonably expect from an effective budget program. Company's budget will be more operationally effective.

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The master budget of Marigold Corp. shows that the planned activity level for next year is expected to be 50000 machine hours. A
Reptile [31]

Answer:

The correct answer is A.

Explanation:

<u>First, we need to separate the fixed costs and calculate the unitary variable costs:</u>

<u></u>

Fixed costs:

Depreciation on factory building= 70,000

Total unitary varaible cost:

Total cost= 800,000 + 250,000 + 250,000= $1,300,000

Unitary cost per hour= 1,300,000 / 50,000= $26

<u>Now, the total cost for 60,000 hours:</u>

Total cost= 26*60,000 + 70,000

Total cost= $1,630,000

7 0
3 years ago
Present entries to record the following transactions:
Lubov Fominskaja [6]

Answer:

Please see below

Explanation:

a.

Dr Petty cash. $235

Cr Cash $235

b.

Dr Office supplies. $74.5

Dr Miscellaneous Administrator expenses $92.75

Dr Miscellaneous selling expenses $18.60

Dr Cash short and over $6.35

Cr. Cash $192.20

C.

Dr Petty cash $65

Cr. Cash $65

7 0
3 years ago
Your bank account pays interest with an EAR of 4 %. What is the APR quote for this account based on semiannual​ compounding? Wha
LenKa [72]

Answer:

APR would be 3.9607805% compounded semiannually

APR would be 3.9284877% compounded monthly

Explanation:

We calcualte consider these rates should be inancially equivalent to an equivalent rate of 4% annually.

<u>The semiannual compounding will capitalize two times:</u>

(1+APR/2)^2 = 1+EAR\\(\sqrt{1.04} -1) \times 2 = 0.039607805

<u>The monthly will capitalize 12 times per year:</u>

(1+APR/12)^12 = 1+EAR\\(\sqrt[12]{1.04} -1) \times 12 = 0.039284877

8 0
3 years ago
You sold 100 shares of stock today for $30 per share that you paid $20 for 6 years ago. Determine the average annual rate of ret
MrRa [10]

Answer:

7%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = 100 shares × $20 per share = $2,000

Future value = 100 shares × $30 per share = $3,000

PMT = 0

NPER = 6 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  the answer would be 7%

8 0
4 years ago
The following information is related to Dickinson Company for 2017.Retained earnings balance, January 1, 2017Sales revenue 25,00
seraphim [82]

Answer

The answer and procedures of the exercise are attached in a microsof excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx
5 0
3 years ago
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