Answer:
True
Explanation:
A flexible budget is a budget in which you modify the activity levels to reflect changes in sales to help the company adjusts to different circumstances that may occcur. Also, in this budget the fixed costs remain constant and the variable costs change with the activity levels. According to this, the answer is that the statement that says that a flexible budget reporting sales volumes at three different levels will have the same fixed costs is true.
Answer:
Increase of $1 million.
Explanation:
Depreciation expense = (Capital assets cost - Land cost) ÷ Average Years
= (90 - 10) ÷ 20
= $4 million
Reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect:
= capital outlay expenditures - Depreciation expense
= 5 million - 4 million
= $1 million
Therefore, there is an increase of $1 million.
Though markets can provide goods that are excludable but nonrival, they do so at the price of <u>inefficiency </u>
Explanation:
An excludable but non-rival product is also known as 'club goods'
Unlike public goods which are accessible to everyone and have no rivals, club goods are not accessible to everyone, only to those who can pay for them. At the same time, they have no rivals in the market.
This is a clear indication of an inefficient economy because such a product means there is a monopoly operating in the market.
An example of this can be a cable operator in an area. It dominates the market and has no rivals or competitors but its service is only accessible to people who can pay for it. However, in the same area, a Free Public television channel is the opposite, having no rivals but also being accessible.
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I think the reason why the normality of these two proportions is assumed because of n(3.13159) greater than or equal to 10 and n(1 - 3.13159) is greater than or equal to 10. Therefore, for each sample in this research, it must be taken separately.
Answer:
-$79000
Explanation:
The computation of the annual financial advantage (disadvantage) is shown below;
<u>Particulars Per unit Total 13000 units
</u>
<u> Make Buy Make Buy</u>
Direct materials 2.90 37700
Direct labor 7.50 97500
Variable manufacturing
overhead 8.00 104000
Supervisor's salary 3.40 44200
Contribution margin 25000
Purchase cost 29.80 387400
Total 308400 387400
Now the finacial disadvantage is
= 308400 - 387400
= -$79000