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Ratling [72]
3 years ago
6

Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,460 per month plus $49 per boat. For the month of

April, the company planned for activity of 58 boats, but the actual level of activity was 18 boats. The actual cleaning equipment and supplies for the month was $3,470.
The cleaning equipment and supplies in the flexible budget for April would be closest to:

A) $3,342

B) $5,302

C) $3,470

D) $1,645
Business
1 answer:
krek1111 [17]3 years ago
5 0

Answer:

Option (B) is correct.

Explanation:

Given that,

cleaning equipment and supplies is $2,460 per month plus $49 per boat.

Hence,

Cleaning equipment and supplies in flexible budget :

= (Activity planned by company × Amount per boat) + Fixed amount

= (58 boats × $49) + 2,460

= 2,842 + 2,460

= $5,302

Therefore, the cleaning equipment and supplies in the flexible budget for April would be closest to $5,302.

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THE ANSWER IS D………………..
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All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300
DanielleElmas [232]

Answer:

D. 5.00

Explanation:

The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

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= $400 + $1000 + $600

= $2,000

and the Current Liabilities is

= Account payable + salary payable

= $300 + $100

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So, the current ratio is

= $2,000 ÷ $400

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How to establish a positive work environment
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Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
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Answer:

Hie, there is <em>no correct answer</em> from the Options provided.

The Net Profit Under absorption costing, for November would be $7,460.

This is can be calculated from reconciling the Variable Costing profit to Absorption Costing profit or Alternatively from Preparing Absorption costing statement as shown below:

<u>Absorption Costing Income Statement for November.</u>

Sales                                                                           765,000

Less Costs of Goods Sold

Opening Stock (8,650×14)                       121,100

Add Cost of Manufacture (35,120×14)  491,600

Less Closing Stock (1270×14)                  (17,780)    594,920

Gross Profit                                                                170,080

Less Expenses

Variable selling expense                                           127,500

Fixed Selling and administrative                                35,120

Net Income / loss                                                            7,460

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A firm has an issue of $1,000 par value bonds with a 8 percent stated interest rate outstanding. The issue pays interest annuall
dem82 [27]

Answer: $1268.20

Explanation:

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