All categories

3 years ago

Variance reports are: internal reports for management external financial reports SEC financial reports all of these

1 answer:

8 0

Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing.

You might be interested in

In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010. The decrea

FinnZ [79.3K]

Answer:

Consumption and Investment

Explanation:

Consumption refers to household use of particular goods or services.

New and modern innovation creates new consumption, In this situation, a Decrease in 2010 model vehicle sales held by innovations and consumption also impact GDP.

If a business purchases these automobiles, it is called investment for automobile Businesses and industry.

4 0

3 years ago

Which of the following describes a potential risk for facing online predators?

wel

A.Tammy's little sister starts visiting online chat rooms to make friends

5 0

3 years ago

Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to

slega [8]

Answer:

Contribution is sales revenue less variable cost. In multiple products environment, it is important that the producer have information about the performance of each product. This is useful for decision making purpose. See income statement below

Explanation:

An income statement showing contribution would suffice:

Royal Lawrence Company

Income statement

Weedban Greengrow Total

$ $ $

Sales (sp/unit × unit) 315,000 900,000 1,215,000

Variable cost (Vc/unit × units) (98,000) (325,000) (423,000)

Contribution 217,000 575,000 792,000

Specific fixed cost (132,000) (37,000) (169,000)

Product profit 85,000 538,000 623,000

Common Fixed cost (100,000)

Total profit 523,000 

4 0

3 years ago

Read 2 more answers

A small private entity may use less formal means to ensure that internal control objectives are achieved. For example, extensive

Mama L [17]

I need help on this too

8 0

3 years ago

The demand for a product is unit elastic. At a price of $20, 10 units of a product are sold. If the price is increased to $40, t

Gekata [30.6K]

It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.

<h3>What is elastic demand?</h3>

An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.

An inelastic demand entails change in quantity demanded due to a change in price is small.

Learn more about elastic demand at;

brainly.com/question/24384825

5 0

2 years ago