A static budget is<u> based on a range of activities</u>.
<h3>
What is static budget?</h3>
- An example of a budget that includes predicted values for inputs and outputs that are thought of before the period in question begins is a static budget.
- Even with changes in sales and production quantities, a static budget, which is a projection of revenues and expenses for a given period, stays the same.
- The figures from static budgets can, however, be very different from the real results as compared to those that are discovered after the fact.
- Accountants, finance experts, and management teams of businesses utilize static budgets to assess the financial success of a company over time.
- The static budget is meant to be constant throughout the time period, independent of changes that might have an impact on results.
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Answer: False
Explanation:
The two-step communication is used in situations to explain that messages should be directed by the mass communicators to opinion leaders. Once this is done, the opinion leaders will then deliver such messages to other people.
The the notion that consumption styles are primarily influenced by a "trickle-down" or "trickle-up" effect from mass media is wrong.
Answer:
$329,700
Explanation:
This can be calculated as follows:
Cost of Goods Manufactured = Direct materials + Direct labor + Total factory overhead + Beginning work in process inventory - Ending work in process inventory
Therefore, we have:
Cost of Goods Manufactured = $159,000 + $97,000 + $75,100 + $29,900 - $31,300 = $329,700
