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Maksim231197 [3]
4 years ago
11

Connor ​Company's budgeted prices for direct​ materials, direct manufacturing​ labor, and direct marketing​ (distribution) labor

per​ attaché case are $ 40​, $ 8​, and $ 12​, respectively. The president is pleased with the following performance​ report: Actual Costs Static Budget Variance Direct materials $364,000 $400,000 $36,000 F Direct manufacturing labor 78,000 80,000 2,000 F Direct marketing (distribution) labor 110,000 120,000 10,000 F Actual output was 8 comma 800 ​attaché cases. Assume all three​ direct-cost items above are variable costs. Requirement Is the​ president's pleasure​ justified? Prepare a revised performance report that uses a flexible budget and a static budget.
Business
1 answer:
GalinKa [24]4 years ago
6 0

Answer:

The answer is attached.

Explanation:

All the calculations were made based on the data provided by the exercise. It was a little difficul to rebuild the table, but with a little bit of research was possible. If any question, please no doubt to contact me.

Download xlsx
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Assume that the salespeople of Excellent Corp. are paid 3% of sales as commission. The level of sales is $290,000 for this month
GaryK [48]

Answer:

d. $28,700.

Explanation:

The computation of the budgeted selling cost for the given month is shown below:

= Fixed selling cost + variable selling cost

= $20,000 + $290,000 × 3%

= $20,000 $+ $8,700

= $28,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the correct option is d. $28,700

8 0
3 years ago
_________ sexual harassment refers to situations in which an employee's submission to unwanted conduct is made either explicitly
Elena L [17]

Answer:

Quid Pro Quo sexual harassment

Explanation:

Quid Pro Quo means exchanging one thing for another.

Quid pro Quo sexual harassment is a form of harassment in which an employer implies either directly or indirectly that sexual favors will be required, from an employee applying for a job, if he/she is to get the job.

This also applies to employees already within the organization, as it may affect whether they get promoted or fired.

7 0
3 years ago
As part of its executive compensation plan, Vertovec Inc. granted 60,000 of its no-par common shares to executives, subject to f
vampirchik [111]

Answer:

See the explanation below for the basic EPS and diluted EPS

Explanation:

To calculate EPS we use the earnings of the company adjusted for any income for preferential shareholders. In this case there is no preference shareholders. Thus income attributable to ordinary shareholders is $ 420 000 (net income)

Average outstanding shares for BASIC eps calculation is 1500 000 shares.

BASIC EPS = 420/1500

                  = $ 0,28 per ordinary share

When calculating diluted EPS we include instruments that can potentially increase the number of shares and dilute net income. Thus we will include the 60,000 shares to executives that have a three year condition attached to them.

Diluted EPS = 420/(1500+60)

                    = $0,269

7 0
3 years ago
Bonnie is writing a cover letter for a job application.She has written the introduction describing her strengths.However,she is
murzikaleks [220]

In the body of her letter I think she should start talking about her past experience with jobs and her experience with whatever jobs she's worked for before,

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Angelina_Jolie [31]

Answer:

Mr. Smith’s rental expense for this insurance policy is

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Explanation:

Premiun 360

N 3

year 120

From July to December 60

 

Duplex insurance e/one 30

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3 years ago
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