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sveta [45]
3 years ago
9

A flexible budget variance is $1,500 favorable for unit-related costs. This indicates that: A. actual costs were $1,500 more tha

n the master budget. B. actual costs were $1,500 less than standard for the achieved level of activity. C. the sum of the planning and efficiency variances totals $1,500. D. actual costs were $1,500 less than for the planned level of activity.
Business
1 answer:
lys-0071 [83]3 years ago
4 0

Answer:

D. actual costs were $1,500 less than for the planned level of activity.

Explanation:

D. actual costs were $1,500 less than for the planned level of activity.

the budget depicted more $1500 expenses for certain units production.

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A comprehensive or overall formal plan for a business that includes specific plans for expected sales, the units of product to b
balu736 [363]

Answer:

The correct answer is Master Budget.

Explanation:

A master plan, as its name implies, is a document that contains the strategy to be followed in the medium term. This information is constructed by all those responsible for the areas of the organization, so it will have the details of the strategies for each missionary area. This document is generally organized to be executed in a time greater than 1 and less than 5 years in general.

6 0
3 years ago
At the end of 2020, Ivanhoe Co. has accounts receivable of $740,700 and an allowance for doubtful accounts of $71,600. On Januar
Mila [183]

Answer:

Altogether, there is $824,900 recieved!

Explanation:

Please mark brainliest! Have a nice day!

6 0
3 years ago
If stock prices are expected to drop dramatically, then, other things equal, the demand for stocks will ________ and that of tre
SashulF [63]

Hello there

the answers are

decrease

and

increase

hope this helps


5 0
3 years ago
According to the text, there are four different aspects of a decision that a business should evaluate in order to___ maximize pr
inna [77]

Answer: Legal, public relation, safety risk, financial.

Explanation:

The above are different aspects of a decision in order to maximize profit and be a good corporate citizen.

Financial decision taking with respect to capital structure.

Legal- legal rights and responsibilities.

Safety risk assessment and mitigation of safety risk.

Public relation communication that are strategic that builds mutually beneficial relationships.

3 0
2 years ago
Jupiter Explorers has $7,800 in sales. The profit margin is 4 percent. There are 6,100 shares of stock outstanding, with a price
Law Incorporation [45]

Answer:

The company's price–earnings ratio is 36.

Explanation:

Price earning ratio is the ratio of market value of share to earning per share. It shows that how much investors are willing to pay for each dollar of earning of the company.

Profit margin = Net income / sales

0.04 = Net Income / $7800

Net Income = $7800 x 0.04 = $312

Earning Per share = Net Income / number of outstanding shares

Earning Per share = $312 / 6,100 = $0.05

Price earning ratio = Market price of share / Earning per share

Price earning ratio = $1.8 / $0.05 = 36

3 0
3 years ago
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