a strategy tool that guideline resources allocation on the basis of market share and growth rate of single business units is

Hirons Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T

Tatiana [17]

Answer:

$ 10,867 F

Explanation:

Actual results$305,100

Flexible budget [$56,840+ ($2,874× 89) + ($13 ×257)]

$56,840+$255,786+$3,34= $315,967

Spending variance $ 10,867

($305,100-$315,967)

The spending variance for plane operating costs in November would be closest to $ 10,867 because the actual expense is less than the flexible budget, which makes the variance favorable (F)

8 0

3 years ago

Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.

givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

25% in the month of the sale
50% in the month after the sale
15% two months after the sale
10% are never collected

sales revenue:

November $16,100
December $10,400
January $15,600
February $12,400
March $14,400

Jewel Services

Cash Collections budget

For the months of January, February, and March

cash collected from sales January February March Quarter

from November sales $2,415 $2,415

from December sales $5,200 $1,560 $6,760

from January sales $3,900 $7,800 $2,340 $14,040

from February sales $3,100 $6,200 $9,300

<u>from March sales $3,600 $3,600 </u>

Total $11,515 $12,460 $12,140 $36,115

6 0

4 years ago

Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results i

poizon [28]

An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.

Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit

Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units

Relevant cost per unit to make = $24

Hence, the indifferent price is $24 per unit

Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.

Read more about indifferent price:

<em>brainly.com/question/24516871</em>

8 0

3 years ago

A recent news story reported that the Organization of Petroleum Exporting Countries is expected to decrease the supply of oil ne

erastovalidia [21]

Answer:

Option "C" is the answer.

Explanation:

Option "C" is the answer.

The decrease in the supply of oil will shift the supply curve leftwards. Similarly, the increases in the demand will shift the demand curve rightwards. The leftwards shift in the supply and rightward shift in the demand curve will result in an increase in price but the change in quantity can not be predicted because the magnitude of change will depend on the shift in the curves.

8 0

3 years ago

Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,

elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0

3 years ago