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Cloud [144]
3 years ago
6

Tulip Midwifery's cost formula for its wages and salaries is $2,420 per month plus $388 per birth. For the month of January, the

company planned for activity of 119 births, but the actual level of activity was 123 births. The actual wages and salaries for the month was $50,544. The wages and salaries in the flexible budget for January would be closest to:
Business
1 answer:
Neko [114]3 years ago
3 0

Answer:

$ 50144

Explanation:

Given:

Cost formula for the the wages and salaries = $ 2420 / month + $ 388 / birth

planned number of activity = 119 births

Actual level of activity = 123 births

the wages and salaries in the flexible budget for January, using the given formula will be calculated as:

the wages and salaries = ( $ 2420 × 1 ) + ( $ 388 × 123) = $ 50144

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Suppose the wholesale market for corn is a perfectly competitive market, and all firms in the corn industry are profit-maximizin
Ainat [17]

Answer:

Therefore option A is correct.

All firms selling corn must have the same MC regardless of each firms cost structure

Explanation:

In the perfectly competitive market, for profit maximization we set P = MC

In the perfectly competitive market, firms are price taker so demand curve is same for every firm and price is same too, so MC must be same for every firm

Therefore option A is correct ie. all firms selling corn must have the same MC regardless of each firms cost structure.

7 0
4 years ago
Patel is writing a persuasive message introducing a new brand of detergent into the marketplace. Patel does not intend to encour
tekilochka [14]

Answer: Marketing.

Explanation:

A Marketing message is a message on a product passed across to it's target market, that highlights the positive qualities of that product, the message is intended to positively influence consumers to buy the product. Patel's message is a Marketing message to members of his target market.

6 0
4 years ago
Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en
Andrej [43]

Answer:

Beranek Corp. should borrow $288,000 to achieve the target debt ratio.

Explanation:

40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.

If you have any queries about double entries of all this scenario, do leave a comment, I'll be pleased to help you.

Thank you!

4 0
3 years ago
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in uni
Degger [83]

Answer:

510,000 units

Explanation:

Note: The data in the questions are merged together and they are first separated before answering the question as follows:

                                  Beginning Inventory        Ending Inventory

Raw material                      52,000                            62,000

Finished goods                  92,000                           62,000

The explanation to the answer is as follows:

Beginning inventory of finished goods + Units of finished goods manufactured = Ending inventory of finished goods  + Units of finished goods sold

Units of finished goods manufactured = Ending inventory of finished goods  + Units of finished goods sold  - Beginning inventory of finished goods

Therefore, we have:

Units of finished goods manufactured = 62,000 + 540,000 - 92,000 = 510,000

7 0
3 years ago
Which banking-related entity shares similarities with the purpose and function of the ncua?
Igoryamba

The banking-related entity shares similarities with the purpose and function of the ncua is " Federal Credit Union".

<h3>What do you mean by NCUA?</h3>

The term NCUA is defined as the National Credit Union Administration. It was established on 10 March, 1970.

Moreover, NCUA insures credit union accounts. while the FDIC provides federal insurance for bank accounts.Both the Federal credit union and NCUA come with the same limits on insurance coverage.

Adding to it, the Credit unions were gaining popularity and popping up all over America, but it was only in the 1930s that the credit union movement achieved federal recognition and national acceptance.

Learn more about NCUA, refer to the link:

brainly.com/question/13703439

#SPJ4

6 0
2 years ago
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