Answer:
$150 for budgeted direct materials and $180 for budgeted direct materials.
Explanation:
You take direct materials of 1.80 x sales volume of 50 units= budgeted direct material $90
To find a sales volume of 60 units, you take $1.80 of direct material X sales volume of 60 units= budgeted direct material of 108.
Answer:
$10,950 Unfavorable
Explanation:
For computation of flexible budget variance for total costs first we need to find out the standard cost which is shown below:-
Standard cost = (Sold connectors × budgeted variable costs) + Fixed costs per month
= (77 × $150) + $5,500
= $11,550 + $5,500
= $17,050
Flexible budget variance for total costs = Actual cost - Standard cost
= $28,000 - $17,050
= $10,950 Unfavorable
Answer:
RE break point = $24500
Explanation:
21,000 net income
30% OF Earnings as dividends
21,000 x 30% = 6,300 dividends
Retained Earnings (assuming no previous beginning value)
21,000 - 6,300 = 14,700
RE break point = 14,700/0.6 = 24500
What does the $24,500 mean?
This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)
If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change
Salespeople have to develop a mutual trusting relationship with the customers has this determines the long term sales relationship that they can mutually benefit from. A part of developing trust with the customer includes a good and long effective communication between the two.
The statement is
"True".<span>Hospital medical staff by-laws are critical. Governing board
of a hospital can by them confers on the staff the ability to set up a type of
association by which that staff can give affirmation of quality clinic
medicinal care.</span>
