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3 years ago

Which one of the following is not a benefit of budgeting?

Business

1 answer:

MariettaO [177]3 years ago

5 0

Answer: Option C

Explanation: Budgeting refers to the process under which an organisation tries to anticipate how much of their resources will be procured and used in the future for effectively complete their operations.

Budgeting is usually done by the accountants on the basis of past experiences and future expectations. Therefore, they can be seen as reliable but does not guarantee any kind of success as future is not certain.

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Ferrier Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard b

Advocard [28]

Answer:

Ferrier Chemical Company

Allocation of the joint cost, using weight as the allocation base:

For B7 = $140,000 ($600,000*35,000/150,000)

For K6 = $300,000 ($600,000*75,000/150,000)

ForX9 = $160,000 ($600,000*40,000/150,000)

Allocation of the join cost, using market value:

For B7 = $78,750 ($600,000*$210,000/$1,600,000)

For K6 = $281,250 ($600,000*$750,000/$1,600,000)

For X9 = $240,000 ($600,000*$640,000/$1,600,000)

Explanation:

a) Data and Calculations:

Joint cost of a standard batch = $600,000

B7 K6 X9 Total

Pounds generated 35,000 75,000 40,000 150,000

Sales price per pound $6 $10 $16

Market value $210,000 $750,000 $640,000 $1,600,000

Allocation of the joint cost, using weight as the allocation base:

For B7 = $140,000 ($600,000*35,000/150,000)

For K6 = $300,000 ($600,000*75,000/150,000)

ForX9 = $160,000 ($600,000*40,000/150,000)

Allocation of the join cost, using market value:

For B7 = $78,750 ($600,000*$210,000/$1,600,000)

For K6 = $281,250 ($600,000*$750,000/$1,600,000)

For X9 = $240,000 ($600,000*$640,000/$1,600,000)

b) The market value for each product class is a function of the quantity produced multiplied by the sales price per unit.

4 0

3 years ago

Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the s

kykrilka [37]

The scale of measurement used here is an ordinal scale.

Ordinal scales ask participants to rate things like satisfaction, happiness, comfort. etc. The important thing to remember about this scale is that the order of the values matter the most. For example: we know that a 5 is better than a 1, but we are unsure of exactly how much better. This difference cannot be quantified or measured exactly. An easy way to remember this one is that ordinal sounds like "order" and that is what this measure is used for- putting things in order.

The most common form of ordinal measures is the Likert Scale. The question is an illustration of a Likert Scale.

7 0

4 years ago

According to Dean Jarley, The EXCHANGE is a place in the college where _______ happen in order to create a culture of engagement

Drupady [299]

Answer:

Conversation

Explanation:

According to Dean Jarley, The EXCHANGE is a place in the college where conversation happen in order to create a culture of engagement.

Dean Jarley said that 'the idea behind The Exchange is simple' because education at its highest level happens when people are given the opportunity to interact, discuss and have a conversation with some other person who has brilliant ideas to share.

Furthermore, Dean Jarley believes that the more opportunities people have to engage in such conversations, the more they are likely to exchange brilliant ideas and the more learning will occur.

3 0

3 years ago

Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing

iVinArrow [24]

Answer:

$120

Explanation:

Given:

• Geometric growth rate of existing financial security:

$4 to $8 to $16 to $32 to $64 to $128

• Arithmetic growth rate of underlying assests:

$4 to $6 to $8 to $10 to $12 to $14

From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.

We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:

Price of underlying assests when decreased by $6 =

$14-$6 = $8.

Therefore, price of existing financial security decline wil be:

$128-$8 = $120

6 0

3 years ago

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage

lubasha [3.4K]

The answer in this question is B Yes because the cost of the annual premium for 10 years was less than the accident claims. The cost of the insurance benefit of transferring the risk to the insurance company outweigh the cost of the premium because of the cost of the annual premium for 10 years was less than the accident claims.

3 0

4 years ago

Read 2 more answers