1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
3 years ago
14

Mondo Snow Removal's cost formula for its vehicle operating cost is $1,300 per month plus $621 per snow-day. For the month of Ja

nuary, the company planned for activity of 20 snow-days, but the actual level of activity was 23 snow-days. The actual vehicle operating cost for the month was $15,060. The activity variance for vehicle operating cost in January would be closest to:
Business
1 answer:
Flauer [41]3 years ago
5 0

Answer:

The correct answer is $1,863 (U).

Explanation:

According to the scenario, computation of the given data are as follows:

Planned Activity = 20 days

Actual activity days = 23 days

Contribution margin = $621

Operating cost =- $15,060

So, we can calculate the activity variance by using following formula:

Activity Variance = ( Planned activity days - Actual activity days) × Contribution margin

By putting the value, we get

Activity variance = ( 20 - 23 ) × $621

= -3 × $621

= - $1,863 ( Negative shows unfavorable)

= $1,863 (U)

You might be interested in
Jasmine started a new business in the current year. She incurred $18,000 of start-up costs. How much of the start-up costs can b
liq [111]

Answer:

$5,000

Explanation:

According to the Internal Revenue Service, the amount of deduction for startup costs would be limited to $5,000 if the startup costs are $50,000 or less

However, if the start-up costs were more than $50,000, the deduction would be decreased by the dollar amount.

Since in the given scenario, the $18,000 is the startup cost so she is eligible for the deduction of $5,000

5 0
3 years ago
A decrease in the number of sellers in the market causes
Arte-miy333 [17]

In the market economy there are two important factors, supply and demand, which are the regulators of the market price.

The offer is conditioned by fators such as technological advances, the number of sellers, the cost of supplies, and the expectations of sellers.

Thus, a change in these factors has an impact on the supply curve, which marks the relationship between prices and quantity, in the case of the number of sellers, as the number decreases, so will the quantities available, so the curve would experience a <em>movement to the left</em>.

Answer

(A) the supply curve to shift to the left.

5 0
3 years ago
The shifting balance from tangible goods to intangible services has marketing leaders adopting​ ________ as a guiding principle
aliina [53]

A marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

<h3>What is ​service-dominant logic?</h3>

This logic refers to a perspective which introduces a new method for articulating an alternative view of exchange and value creation in the markets.

In conclusion, sometimes, a marketing leaders adopts a ​service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.

Read more about service-dominant logic

<em>brainly.com/question/17961245</em>

7 0
2 years ago
During 2017, Skysong Inc. changed from LIFO to FIFO inventory pricing. Skysong began operations in 2015 and its pretax income in
Viefleur [7K]

Answer:

See Explanation below for the detailed answer

Explanation:

The following are income statement summaries for prior years comparing the change in inventory valuation from LIFO to FIFO

2015 Lifo : $ 530000 Tax : $159000    Profit     $ 371000

        Fifo : $ 561000 Tax : $ 168300   Profit     $ 392700  <em>Difference; $21700</em>

<em />

2016 Lifo : $ 625000 Tax : $187500    Profit     $ 437500

        Fifo : $ 675000 Tax : $ 202500   Profit     $ 472500 <em>Difference; $35000</em>

<em></em>

2017 Fifo: $644000 Tax : $ 193200     Profit     $ 450800

7 0
3 years ago
Beckett Co. sold merchandise on account for $11,700, terms 1/10, n/30. Freight charges of $360 were prepaid by the seller and ad
Yuki888 [10]

Answer:

Beckett Co received $   10.699,65‬

Explanation:

We have to determnate the balance of the invoice after the returned and the discount granted. We also have to receive the freight from the customer as we prepaid them to refund this amount against the customer:

invoice balance:

11,700 nominal less 1,350 return = 10,350

discount granted: 10,350 x 1% =           (10.35)

freight refund                               <u>       360        </u>

total cash proceeds:                      10.699,65‬

3 0
3 years ago
Other questions:
  • (a) What factors determine a
    7·1 answer
  • Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
    7·1 answer
  • Household consumers are the most conspicuous audience in that most mass media advertising is directed at them. T/F
    6·1 answer
  • Help please!!
    8·2 answers
  • Easy points!
    10·2 answers
  • "Bronson Manufacturing is planning to issue $12 million in bonds. Based on a poll of potential investors, they have the highest
    12·1 answer
  • What kind of a credit card can customers with a bad credit history get?
    8·1 answer
  • Identifying Job Application Tools
    9·2 answers
  • John was ordering orange cones to use for soccer drills during practices. If John decided to purchase cones now, he would buy 10
    10·1 answer
  • In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. for what
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!