Answer: $700 Favorable
Explanation:
Total sales-volume variance = (Actual units - Static budget units) * (Contribution margin per unit of Static budget)
Contribution margin per unit of Static budget = ( Sales - Variable manufacturing costs - Variable marketing and administrative expenses) / Static units
= (60,000 - 15,000 - 10,000) / 5,000
= $7 per unit
Sales-volume variance = (5,100 - 5,000) * 7
= $700 Favorable
Actual sales are higher than budgeted sales so this is FAVORABLE.
Answer:
$4,960
Explanation:
The computation of the appropriate balance for Allowance for Doubtful Accounts but before that first we need to find out the allowance for doubtful debts which are shown below:
= Not yet due × given percentage + past due balance × given percentage + past due balance × given percentage
= $56,000 × 1% + $30,000 × 4% + $15,000 × 6%
= $560 + $1,200 + $900
= $2,660
And, there is a credit balance of $2,300
So, the appropriate balance is
= $2,660 + $2,300
= $4,960
Relational database is the type of database that <span>organizations most likely to use for payroll, accounts receivable, inventory, and invoicing.
</span>A
relational database (RDB) use Structured Query Language
(SQL), and RDB<span> is
an aggregate set of multiple data sets that are organized by tables, records
and columns. The main point is about the relational database is that it uses tables to store the information.</span><span>
</span>
Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
