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Verizon [17]
3 years ago
9

This table shows Lucas’s budget from last month. He also included his actual expenses after the month ended. Which of these chan

ges should Lucas consider in next month’s budget? Check all that apply. less for income less for food more for discretionary spending more for income less for discretionary spending
Business
1 answer:
polet [3.4K]3 years ago
8 0

Answer:

Less for income

Less for food

less for discretionary spending

Explanation:

Luca has prepared the budget for the month. He has included actual expenses in the budget to compare the budget with actual expenses. He has used flexed  budgeting technique to incorporate his savings and expenses. He should keep less income, less for food and less for discretionary expenses in the new budget.

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Activity-based costing Question 4 options:
Kitty [74]

Answer:

The correct answer is A. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.

Explanation:

The System of Costs Based on ABC Activities (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that really generate costs. This system stems from the need to solve the problem normally presented by standard costs, when they do not faithfully reflect the value added chain in the development of a particular product or service, and therefore, an adequate determination of the price.

The ABC cost model allocates and distributes indirect costs according to the activities carried out in the process of manufacturing the product or service, identifying the origin of the cost with the necessary activity, not only for production but also for distribution and sale; The activity is understood as the set of actions that aims to incorporate added value to the product through the manufacturing process. Complementing the definition of activity, it should be mentioned that the ABC Model is based on the fact that products and services consume activities, and these in turn are the ones that generate costs.

3 0
4 years ago
Pear Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below:
makkiz [27]

Answer: B) Only materials costs are relevant

Explanation:

When choosing between alternatives, the main decider is the difference in costs. The costs that are different are the ones to decide whether a company takes on a project as it will signal the financial viability of a project.

In both alternatives, the Processing costs remain at $37,000 therefore the alternative chosen is irrelevant to these costs as they will be incurred regardless of the company's choice. They are therefore not to be considered.

Material costs on the other hand vary by the alternatives and so should be considered.

5 0
3 years ago
Cash flows of two mutually exclusive projects are as follows. Project A costs $80,000 initially and will have a $15,000 salvage
Vera_Pavlovna [14]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Project A:

Costs $80,000 initially and will have a $15,000 salvage value after 3 years. The operating cost with this method will be $30,000 per year.

Project B:

The initial cost of $120,000, an operating cost of $8,000 per year, and a $40,000 salvage value after its 3-year life.

Assume the interest rate is 10% per year.

Both projects present a 3-year life cycle.

To determine which option is correct, we need to calculate the net present value using the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf= cash flow

<u>Project A:</u>

Cf1= 30,000/1.10= 27,272.73

Cf2= 30,000/1.10^2= 24,793.39

Cf3= 45,000/1.10^3= 33,809.17

Total= 85,875.29

NPV= -80,000 + 85,875.29= 5,875.29

<u>Because the net present value is positive, Project A should be accepted.</u>

Project B doesn't provide income, therefore it shouldn't be accepted.

7 0
3 years ago
The salary for an occupation is determined by the federal government <br> True or false?
strojnjashka [21]

Answer:

No the given statement is not correct.  

Explanation:

Federal Government does not determine the pay structure for any occupation. Each occupation determine its own salary structure. For example, the doctors would determine their own fee that they would charge to the patients, schools will determine their fee that they would charge from students, lawyers determine their own fee, and the examples are countless. Government sometimes only sets the minimum level of wage that must be paid to a worker. For example government can put a base at 10 dollars wage rate that has to be given to the worker working for you. So you must give the worker at least $10, but you can give him $15 or $20, as much as you like and as much as he charges you, but you can't give him less than 10 dollars

6 0
4 years ago
Read 2 more answers
Adult behavior, according to Horney, is based on efforts to ________.
emmainna [20.7K]

Answer:

D. overcome the fear of being alone in a hostile world

Explanation:

6 0
3 years ago
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