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Klio2033 [76]
3 years ago
6

A budget based on several different levels of activity, often including both a best-case and worst-case scenario, is called a:

Business
2 answers:
Kaylis [27]3 years ago
7 0

Answer:

Flexible budget.

Explanation:

Andrew [12]3 years ago
3 0
Flexible budget ;) if it’s for a test u could probably find the rest of the answers on quizlet as well
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What are the two main economic problems that keynesian economics seeks to address?
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A bureaucrat who had no hope of advancing professionally still followed every rule, even when it slowed down his work and person
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Ritualism is the type of deviance that his behavior illustrates.

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6 0
2 years ago
A company produces and sells 2,500 sets of silverware each year. Each production run has a fixed cost of $200 and an additional
Amiraneli [1.4K]

Answer:

500 runs

Explanation:

In this question, we are asked to calculate the optimal number of production runs the company should make each year.

Please check attachment for complete solution and step by step explanation

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3 years ago
List 2 ways in which a positive attitude is a foundation for positive workplace behaviors.
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3 years ago
The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours. There
insens350 [35]

Answer:

The journal entry is as follows:

Explanation:

Work in Progress A/c............................................Dr    $198,000

Labor efficiency variance(unfavourable)...........Dr   $9,000

                      Labor rate variance A/c........................Cr      $4,600

                      Wages Payable A/c.................................Cr    $202,400

Working Note:

Standard hour = Standard direct labor hours × (Standard hour - Actual hour)

= $2.2 × 5,000

= $11,000

Labor efficiency variance = $18 ×  (11,000 - 11,500)

= $18 × 500

= $9,000

Standard cost = Standard rate ×  Standard hour

= $18 × 11,000

= $198,000

Actual Cost = Actual rate × Actual hour

= $17.6 × 11,500

= $202,400

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