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iren [92.7K]
3 years ago
14

At Taylor Activewear, orders have significantly exceeded projections, and Macon, the operations director, has decided to hire fo

r a third shift in the plant. Macon is clearly operating with the use of a(n) _____ budget.
Business
1 answer:
Afina-wow [57]3 years ago
7 0

Answer: variable budget

Explanation: In simple words, variable budget refers to the budget statement which shows how much different costs would vary if the level of activity as per standards set increases or decreases.

These are also called flexible budget and are made on the basis of current level of output. These budgets provides flexibility to the management with respect to both best case and worst case scenarios.

From the above we can conclude that the correct answer is variable budget.

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How do you differentiate writing from speaking​
ryzh [129]

Answer:

Speech uses tone groups, and a tone group can convey only one idea. Writing uses sentences, and a sentence can contain several ideas. A fundamental difference between casual speech and writing is that speech is spontaneous whereas writing is planned. Repetition is usually found in speech.

Explanation:

5 0
2 years ago
Read 2 more answers
You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), both of which operate in t
Eddi Din [679]

Answer:

See below

Explanation:

Lots of debt

1a.

Debt equity ratio

Debt ratio = debt 1 / Asset 1

Debt ratio = $30.25 / $32.50

Debt ratio = 93.1$

1b

Equity multiplier = Asset 1 / Equity 1

Equity multiplier = $32.50 / $2.25

Equity multiplier = 14.4 times

1c

Debt to equity ratio = debt 1 / equity 1

Debt to equity ratio = $30.25 / $2.25

Debt to equity ratio = 13.4%

Lots of equity inc.

2a

Debt equity ratio = debt 2 / asset 2

Debt equity ratio = $2.25 / $32.5

Debt to equity ratio = 6.9%

2b

Equity multiplier = Asset 2 / Equity 2

Equity multiplier = $32.5 / $30.25

Equity multiplier = 1.1 times

2c

Debt to equity ratio = Debt 2 / Equity 2

Debt to equity ratio = $2.25 / $30.25

Debt to equity ratio = 0.1 times

6 0
2 years ago
Worker Corporation allocates its single support department to its operating departments based on the single rate method using ma
Firlakuza [10]

Answer:

$85 per machine hour

Explanation:

                                                                Actual           Budgeted

Fixed costs                                           $50,000          $47,960

Machine hours – Assembly                   1,900               1,976

Variable costs – Assembly                 $121,000         $120,000

since the single rate method does not distinguish between fixed or variable costs, in order to determine the cost allocation rate we must add the fixed allocation rate and the variable allocation rate:

  • variable allocation rate = $120,000 / 1976 machine hours = $60.73
  • fixed allocation rate = $47,960 / 1976 = $24.27

total = $60.73 + $24.27 = $85 per machine hour

7 0
3 years ago
Andy’s business is not able to pay its debts, and the prospects for its finances to improve are slim. Andy decides not to contin
aalyn [17]

Answer: a. Chapter 7

Explanation:

Chapter 7 bankruptcy is a type of bankruptcy that allows trustee to sell a few of one's property in other to repay creditors. It also allows the cancelation of some debt. The chapter 7 bankruptcy is also known as straight or liquidation bankruptcy and it is the most commonly used especially by individuals.

3 0
3 years ago
Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an
sergij07 [2.7K]
After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which <span>an increase in product demand occurs in a decreasing-cost industry the result is: </span>the new long-run equilibrium price is lower than the original long-run equilibrium price.
5 0
2 years ago
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