Answer:
Profit = $<u>8,670</u>
Explanation
<em>A flexible budget is that prepare for the actual activity level achieved using the assumptions of the static budget. </em>
<em>So we will prepare a flexible budget for 88 jobs using the assumptions of the</em> <em>budget for 90 jobs</em>
Crimson Test Corporation
FLEXIBLE BUDGET
$
Explanation:
Revenue (88× $350) 30,800
Technical wages ( 88× $15)+8000 9320
Mobile operating (88×$30) +(3000 5640
Office expenses (88 × $10) + 2,000 2880
Advertising 1000
Insurance 1,650
Miscellaneous (88 × $5) + 1200 <u> 1,640</u>
Total expenditure <u>(22,130)</u>
Profit <u>8,670</u>
Answer:
absorption income higher by $60000
Explanation:
given data
inventory on hand = 2,000 units
Variable costs = $100 per unit
fixed manufacturing costs = $30 per unit
to find out
higher net income of what amount
solution
we know that Absorption cost and variable cost are different in their treatment of the fixed manufacturing costing
so we use of absorption cost that carry over in fix cost into ending inventory is here
absorption cost that carry over = fixed manufacturing costs × inventory on hand
absorption cost that carry over = $30 × 2000
absorption cost that carry over = $60000
so that here this amount is use for variable costing and absorption income higher by $60000
Answer:
D- charitable activity such as an exhibit or parade sponsored by a business
Explanation:
charity commissions a public relations agency to create an advertising campaign to raise money to find a cure for a disease.
Usually it costs money to publish an ebook, but not to make one; unless you use a program that offers different upgrades to make the ebook better or to access certain things.
Answer:
Amortize loan woul´d be the best loan
Explanation:
Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.
This one is a scheduled periodic payments that are applied to both principal and interests. This one first pays off the relevant interests expense for the period, and then the payment reduces the principal