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3 years ago

The flexible budget variance is the difference between the ________.

Business

1 answer:

zmey [24]3 years ago

4 0

Answer:

The correct answer is A

Explanation:

Flexible budget is the budget which states or shows differing levels of the expenses and the revenue grounded on the amount of activity of sales which actually occurs or happen. When the actual amount of revenue is into the flexible budget, this states or means that any variance will appear among the actual and budgeted expense.

Flexible budget variance is the difference among the amount predicated and the actual amount on the flexible budget.

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japan's largest paper company, nippon seishi, has decided to own huge forests and corresponding processing facilities in aus

Gre4nikov [31]

<span>A.guarantee a steady flow of its wood pulp</span>

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3 years ago

The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the indu

yan [13]

Answer:

4.50%

Explanation:

Note:<em> Question is incomplete but very similar one is attached as picture below</em>

Current ROE = Net Income / Equity = $21,000 / $280,000 = 7.50%

Current Inventory = $210,000

Target Current ratio = 2.70

1. Current assets at target Current ratio = Current Liabilities * Target current ratio = $70000 * 2.70 = $189,000

2. Reduction in Inventories = Present Current assets - Current assets under target current ratio

Reduction in Inventories = $14000 + $70000 + $210000 - $189000

Reduction in Inventories = $105000

3. Reduction on common equity using sale of inventory = Current Equity - reduction

Reduction on common equity using sale of inventory = $280,000 - $105,000

Reduction on common equity using sale of inventory = $175,000

4. Change in ROE = New ROE - Current ROE

Change in ROE = [21000 / 175000] - 7.50%

Change in ROE = 12% - 7.50%

Change in ROE = 4.50%

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3 years ago

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1 year ago

Cost of Quality Report

yarga [219]

Answer:

Cost of Quality Report

Quality Cost Quality Cost Percent of Total Percent of

Classification Quality Cost Total Sales

Prevention $23,400 10.0% 1.3%

Appraisal $46,800 20.0% 2.6%

Internal failure $70,200 30.0% 3.9%

External failure $93,600 40.0% 5.2%

Total $234,000 100.0% 13.0%

percent of total sale = quality cost/$1,800,000

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3 years ago

The hiring of applicants based on criteria that are not job-related is called:

Cloud [144]

<span>The hiring of applicants based on criteria that are not job-related is called job discrimination. Job discrimination usually happens when a person is judged based on his/her gender, race, nationality, disability, religion or age. His/her relevant skills related to the job are not considered. </span>

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4 years ago

The flexible budget variance is the difference between the​ ________.

The flexible budget variance is the difference between the ________.