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Triss [41]
3 years ago
8

Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The

cost formula for catering supplies is $350 per month plus $89 per job plus $9 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in September to be 21 jobs and 144 meals, but the actual activity was 17 jobs and 141 meals. The actual cost for catering supplies in September was $3,035. The catering supplies in the planning budget for September would be closest to:
Business
1 answer:
hodyreva [135]3 years ago
8 0

Answer:

$3,515

Explanation:

The computation of the catering supplies is shown below:

= Catering supplies per month + per job cost  × expected number of jobs + per meal cost  × expected number of meals

= $350 + $89 × 21 jobs + $9 × 144 meals

= $350 + $1,869 + $1,296

= $3,515

Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals

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2 years ago
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Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n
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Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

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Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

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3 years ago
Which of the following is an essential part of being an entrepreneur?
Molodets [167]

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B. Taking risks.

Explanation:

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3 years ago
A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
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<h3>What is importing?</h3>

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Find out more on importing at brainly.com/question/13663581.

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Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse c
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Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse course.

The factor that led to the reversal of the new scheduling system is that the new system contained assumptions that did not consider critical factors such as changes in time zones, travel time across hemispheres, and pilot flying hours.

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