B. Inflation
Inflation is when a country prints too much money, therefore decreasing the value of the currency.
Answer:
(B) $5,000 favorable.
Explanation:
Variable cost flexible budget variance:
budget for 6,000 units total variable cost: $180,000
We divide the total cost by the activity in that budget:
$180,000/ 6,000 = 30
Now we multiply by the actual volume:
5,000 x 30 = 150,000
Now we do flexible budget - actual cost = variance
150,000 - 145,000 = 5,000 favorable
It is favorable, as the cost where less than expected.
Answer:
4,800 bottles
Explanation:
The formula to compute the number of bottles sold is shown below:
= (Fixed cost + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $13.50
= $1.50
So, the number of bottles sold equal to
= ($3,200 + $4,000) ÷ ($1.50)
= 4,800 bottles
Answer:
back translation
Explanation:
When a company uses back translation, it will first translate its product literature to French, and then it will hire a French translator to translate it back from French to English to make sure that the words make sense. This way the company makes sure that whatever was translated in the first makes actual sense.
For example, if you use the google translator, you will get a literal word by word translation of whatever you want to say in another language, but it doesn't mean other people will understand those words in the same way as originally wrote them. This can also happen to companies, specially when dealing with extremely different languages like Chinese where even huge corporations like Pepsi made terrible translation mistakes (e.g. Seven Up meant useless frog XXX), that is why Coke is simply Coke or Coca Cola in other languages.
Answer:
$1.85
Explanation:
Fyaway travels reported a net income of $90,000 for the year 2021
During 2021 they declared and paid a cash dividend of $2,125
They also paid $10,000 as cash dividend in common stock
Flyway has 40,000 shares outstanding
Therefore the 2021 basic earning per share can be calculated as follows
$90,000-2,125
= $87,875
40,000 shares+(10,000 shares×9/12)
40,000 shares +(10,000×0.75)
40,000+7500
= 47,500
87,875/47,500
= $1.85
Hence the basic earning per share for 2021 is $1.85
