Answer:
$3,000 F
Explanation:
Note that an activity variance is the difference between a revenue or cost item in the flexible budget and the same item in the static planning budget, and can also be the difference in the actual level of activity used in the flexible budget and the level of activity assumed in the planning budget.
In budgeting activity variance is divided into two types;
- When actual results are better than expected results the given variance is described as favorable variance. In common use favorable variance is denoted by the letter F - usually in parentheses (F).
- When actual results are worse than expected results given variance is described as adverse variance, or unfavorable variance. In common use adverse variance is denoted by the letter U or the letter A - usually in parentheses (A).
In the case of Wisseman Corporation the activity variance for total expenses for September would have been closest to $3,000 F.
The correct answer that would best complete the given statement above would be OPENNESS TO CHANGE. Stimulation is in the openness to change part of the Schwart'z model. Other choices of this given question which you might have missed include conservation, self-enhancement and self-transcendence. Hope this answer helps.
If you are looking for a true or false answer then the answer is true
Answer:
Special revenue fund.
Explanation:
A special revenue fund is a government account created to collect money that is used for an specific purpose or project. The money collected by this type of account can only be used for the specific purpose for which it was established.
In this case, the revenue collected from the gasoline tax can only be used for highway construction and maintenance.
Answer:
77.48 units
Explanation:
Data provided in the questions
Annual demand = 395 units
Ordering cost = $38
Holding cost per unit per year = $5
The computation of the economic order quantity is shown below:
= 77.48 units
hence, the economic order quantity is 77.48 units
We simply applied the above formula so that approximate units could come. And it always expressed in units
