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
Katena32 [7]
3 years ago
12

What is the correct answer regarding short-run and long-run budgets? a. A short-run budget is generally less than a year in leng

th and often tied to a particular project b. None of the answers are correct c. A long-run budget is generally one year in length and often tied to a particular department or division d. A long-run budget projects from two (2) to 10 years into the future
Business
1 answer:
goldfiish [28.3K]3 years ago
5 0

Answer: Option A

Explanation: In simple words, Short run budgets refers to the budgets which are made for a period of less than 12 months and long run budgets are made for a time period greater than one year.

Short run budgets are prepared for some specific assets such as supplying a new customer for one year.

Thus, from the above we can conclude that the correct option is A.

You might be interested in
Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
WITCHER [35]

Answer:

The amount of cash received by Banks Company is $34,300

Explanation:

The computation of the cash received by the bank company is shown below:

= Merchandise amount - discount

where,

Merchandise amount is $35,000

And, the discount equal to

= Merchandise amount × discount percentage

= $35,000 × 2%

= $700

Now put these values to the above formula  

So, the value would equal to

= $35,000 - $700

= $34,300

3 0
3 years ago
Economics is best defined as the study of how societies deal with
lutik1710 [3]

Answer:

The division of labor.

Explanation:

3 0
2 years ago
Joseph is instructed by his employer, Helen, to go to the local donut shop during his lunch break and purchase six-dozen donuts
salantis [7]

Answer:

B. False.

Explanation:

Helen instructed Joseph during his active working hour does not matter if he is on his lunch break or not, so Joseph is entitled to workers compensation.

6 0
3 years ago
In _________, machines are designed to do multiple tasks so that they can produce a variety of products.
zhenek [66]
<span>flexible manufacturing</span>
4 0
3 years ago
Read 2 more answers
Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u
Allushta [10]

Answer:

The variable costing unit product cost was <u>$69.</u>

Explanation:

Variable Product Costing is a situation whereby only the variable costs of production is taking into account to estimating the cost per unit of a product. This implies that none of the fixed cost will be included in the cost of the product.

Based on the explanation above, the variable costing unit product cost to produce a single product by Kray Inc. can be calculated as follows:

Kray Inc.

Calculation of Variable Costing Unit Product Cost

<u>Particulars                                                          Amount ($)     </u>

Direct materials                                                        40

Direct labor                                                               19

Variable manufacturing overhead                           8

Variable selling and administrative expense     <u>     2      </u>

Variable cost per unit                                          <u>     69     </u>

Therefore, the variable costing unit product cost was <u>$69.</u>

5 0
3 years ago
Other questions:
  • The night owl restaurant expects to sell 6,000 meals during the upcoming month with an average variable cost per meal sold of $6
    15·1 answer
  • Sales for a _________ product begin immediately after introduction because the benefits of purchase are readily understood by co
    9·1 answer
  • The world price of grapefruits is above the price that currently prevails in Cuba in the absence of trade. Assuming that Cuba is
    7·1 answer
  • Ricardo Company has predicted the following costs for this year for 50,000 units: Manufacturing Selling and Administrative Varia
    7·1 answer
  • When a spelling error is indicated, what is a quick way to see a list of possible corrections?
    7·2 answers
  • As an employer, you need to provide ___________ to an employee before that person can fill out their tax return.
    11·1 answer
  • A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases jou
    12·1 answer
  • O False
    15·1 answer
  • Write a latter to your brother studying overseas describing the wedding ceromonu of your sister which you attended last week and
    7·1 answer
  • The difference between accounting profit and economic profit is.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!