Answer:
$56,000 Favorable
Explanation:
The computation of the flexible-budget amount for variable manufacturing overhead is shown below
The Budgeted machine hours per unit os
= 24,000 ÷ 8,000
= 3
The Budgeted machine hours allowed for 8,500 units is
= 8,500 × 3
= 25,500
Now the Budgeted variable overhead rate per machine hour is
= $288,000 ÷ 24,000
= $12.00
Now
Flexible-budget amount is
= 25,500 × $12.00
= $306,000
So, the Flexible-budget variance is
= $250,000 - $306,000
= $56,000 Favorable
Answer:
$0
Explanation:
Under the new IRS regulations applicable since 2018, meals and entertainment expenses are no longer deductible. Until 2017, businesses could deduct up to 50% of the costs of meals and entertainment. A few exceptions still apply but are very specific (e.g.regarding public charities, or company picnics) but none apply to dinners at a nightclub.
Answer:
(a) What factors determine a company's total revenue?
Sales.
(b) Do higher lead to increased revenues for a company?
Yes, a <u><em>Lead</em></u> is a person or company that might finally become a client, and drive the sales up.
Answer:
Yes.
Explanation:
A company has the right to view the email messages sent from the computer of the company but only if the sender has used the official email i.d to send a personal email. In simple terms, if the sender has logged in his personal email i.d in the work computer of the company then the company has no right to view the message but if the mail is sent through the email i.d of the company then only the company has the right. The email i.d that the company provides to its employees is meant for official works and thus the company also has access to the employee's i.d and right to view any message sent through the official email i.d.
Answer:
See below
Explanation:
The computation of return on investment is seen below
= (Controllable margin ÷ Operating assets) × 100
= ($78,000 ÷ $300,000) × 100
= 26%
Now, the controllable margin equals to = $78,000 + $12,000
= $90,000
And the new operating assets would be;
= $300,000 + $90,000
= $390,000
So, the new return on investment equals to
= ($90,000 ÷ $390,000) × 100
= 23.08%
Therefore, the return on investment decreased by
= 26% - 23.08%
= 2.92%