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dalvyx [7]
3 years ago
9

b. What kinds of information from previous budgets would be helpful for Talar to have on hand when she presents her budget to th

e Activities Committee? (2 points)
Business
1 answer:
Andrew [12]3 years ago
8 0

Answer:

- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.

Explanation:

The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.

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Bernard​ Company's budgeted manufacturing overhead is $ 2 comma 700 comma 000. Overhead is allocated on the basis of direct labo
NikAS [45]

Answer:

D. $ 45

Explanation:

According to data given in question:

Bernard​ Company's budgeted manufacturing overhead = $2,700,000

Direct labor hours for the period = 60,000 hours

As Overhead is allocated on the basis of direct labor hours.

Manufacturing overhead​ rate = $2,700,000 / 60,000 hours

Manufacturing overhead​ rate = $45 / hour

So the correct Answer is D. $ 45

5 0
3 years ago
IM Enterprises sells two products, Crunchies and Munchies. Crunchies have a 32 percent contribution margin and Munchies have a 3
german

Answer:

The multiple choices are:

A. No recommendation can be made by the data

B. It should sell more crunchies

C. It should sell an equal number of each product

D. It should sell more munchies

Option D, it  should sell more munchies , is correct

Explanation:

In order to cover generate more margin while the fixed cost remains the same, hence profitability is improved overall, the best course of action would be to sell more munchies with a higher contribution margin.

In essence, I am in strong support of the company, IM Enterprises , selling more of munchies, option D, as that would improve its bottom-line in terms of more profit generation.

Whatever contribution is made on additional sales,directly impacts net income since fixed cost has been covered ,hence a product with higher contribution would have impact on increased profit

5 0
4 years ago
Charlotte purchases a residence for $105,000 on April 13, 2010. On July 1, 2018, she marries Howard and they use Charlotte's hou
Maru [420]

Answer: A. $265,000 $15,000

Explanation:

Their realized and recognized gain will be calculated as:

Realized gain will be gotten as:

= Sale value of home - Purchase value of home - selling expenses

= $ 390,000 - $105,000 - $20,000

= $265,000

Also, the recognized gain equals to $15,000. Therefore, the correct option is A "$265,000 $15,000".

6 0
3 years ago
If a property will produce net cash flow that grows at a rate of 1.5% per year in perpetuity, and the opportunity cost of capita
Sav [38]

Answer:

(c) 10.5%.

Explanation:

Calculation to determine what is the "cap rate

Using this formula

x 1/r-g

Let plug in the formula

1/12-1.5

4 0
3 years ago
Segment Revenue Horizontal Analysis Starbucks Corporation reported the following geographical segment revenues for a recent and
Anna [14]

Answer and Explanation:

The Preparation of horizontal analysis of the segment data is shown below:-

                                 Starbucks Corporation

                 Horizontal analysis segment revenue statements

                           For years ended prior and recent

                  Recent    Prior year/       Increase or       Percentage

                    year        Base year     Reduced    difference

                       a              b                c = a - b       d = (c÷b) × 100

Revenue

Americas     $13,293        $11,980       $1,313             11.00

Europe, Middle East,

and Africa    $1,217            $1,295        -$78             -6.00

China/Asia

pacific           $2,396          $1,130        $1,266           112.00

Channel

development $1,731           $1,546     $185                12.00

Other                $526            $497      $29                 5.80

Total                  $19,163        $16,448  $2,715            16.50

It can be made relevant in horizontal analysis if specific time figures are available for analysis.

Therefore to reach the Percentage difference we simply first made the difference of recent year and prior year/base year after that we divide the increase or reduced by prior year/base year and convert into percentage by multiply of 100.

4 0
4 years ago
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