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
Andrei [34K]
3 years ago
13

Hairston Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a

nd performance reports. During November, the company budgeted for 7,900 units, but its actual level of activity was 7,920 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per month Variable element per unit Revenue − $ 46.1 Direct labor $ 0 $ 11.8 Direct materials 0 18.5 Manufacturing overhead 42,600 3.6 Selling and administrative expenses 23,150 2.2 Total expenses $ 65,750 $ 36.1 Actual results for November: Revenue $ 363,782 Direct labor $ 93,926 Direct materials $ 146,050 Manufacturing overhead $ 69,102 Selling and administrative expenses $ 40,434 The direct materials cost in the flexible budget for November would be closest to
Business
1 answer:
aleksandrvk [35]3 years ago
5 0

Answer:

Amount in flexible budget of cost of direct material for the month of November shall be $93,456

Explanation:

Flexible budget is the budget prepared based on actual level of output, in relation to standard cost as estimated.

Here, for the month of November

Actual activity = 7,920 units

Standard material cost = $11.80 per unit

Amount in flexible budget based on actual quantity of output shall be

7,920 \times $11.80 = $93,456

Actual cost = $93,926

Therefore, amount in flexible budget of cost of direct material for the month of November shall be $93,456

You might be interested in
on your business card your position your business as the area's most creative cookery the phrase is your
Advocard [28]
Computers are to design as microwaves are to cooking

Our hard work is shown by our great food
6 0
3 years ago
In a press conference, the president of a small country displays a chart showing that GDP has risen by 10 percent every year for
iragen [17]

Answer:

a) the correct answer is "B"

b) the correct answer is "C"

Explanation:

a) the correct answer is "B"

relies on nominal GDP which might have increased because of price increases and not output increases. As nominal GDP accounts for the price and it is calculated at the current price level. The answer is "B".

b) the correct answer is "C"

We can ask for growth rate of real GDP which excludes price change.

 

8 0
3 years ago
Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of
ValentinkaMS [17]
140000 is the answer
5 0
3 years ago
Read 2 more answers
Reddit, Digg, and StumbleUpon are examples of popular
Arte-miy333 [17]

Answer:

social bookmarking sites

Explanation:

Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.

They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.

They're not social networks per say because people aren't directly in contact with each other, only through their shared contents.

They're not tech blogs, because they rarely have any original contents and they're not targeting only technologies.

They're not video sites either, because they're sharing all kinds of contents.

8 0
3 years ago
Jose received $550 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards
vladimir2022 [97]

Answer:

$619.75

Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

FV = P*(1+\frac{r}{4})^{4n}

For a $550 investment at 4% per year for 3 years, the future value is:

FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

8 0
3 years ago
Other questions:
  • A merger between a company and one of its suppliers is known as a _______ merger.
    14·2 answers
  • In a firm with a(n) _____ staffing policy, considerable resentment is caused among foreign nationals who are members of the inte
    9·1 answer
  • People are more likely to purchase a consumer ratings magazine that reviews new automobiles before buying a new car than they ar
    8·1 answer
  • The Acme Aircraft Seat Company produces aircraft seats and is able to assemble 2 seats in 30 minutes using four workers. The sin
    9·1 answer
  • Question 21 (3.333333333 points)
    8·1 answer
  • Theo is in target looking for a gift for his girlfriend. theo is not sure of what he wants except in general terms. at what leve
    13·1 answer
  • The main purpose of most tariffs and quotas is to
    7·1 answer
  • Last year, Green Corporation incurred the following expenditures in the development of a new plant process:
    13·1 answer
  • Describe one accountability issue of a business​
    7·1 answer
  • What would happen to the equilibrium price and quantity for llama sculptures as a result of the price decrease of the porcelain
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!