Answer:
are leading indicators of a company's future financial performance and business prospects.
Explanation:
Various sorts of purposes, particularly financial objectives, are created by company owners to provide them with a strong strategy for following the path of comprising a cumulative Increased income, increased profit margins, retrenchment in times of adversity, and gaining good return on the investment are all key business company objectives.
A city issues five-year bonds payable to finance construction of a new school Tax anticipation notes are recorded as liabilities in both the FFS and GWFS.
To account for bonds payable to finance value of long-lived belongings offered with particular funds. what is the cause of business enterprise budget To account for operations that offer offerings to other departments inside a central authority.
An organization fund identifies the overall direct and indirect prices to offer the carrier and the sources and amounts of sales that support the service for which a rate is charged in alternate for service.
Account for the ones styles of sales which might be legally limited to being spent for a selected motive besides for expendable trusts or main capital initiatives. those sales ought to be accounted for one by one from the general Fund for a ramification of reasons.
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Answer:
$1,160 Favorable
Explanation:
The computation of total controllable cost variance is shown below:-
Budgeted variable cost for 36,000 units = $57,200 × 36,000 ÷ $44,000
= $46,800
Total budgeted cost for 36,000 units = $46,800 + $60,000
= $106,800
Controllable Variance = Actual Overhead - Budgeted Overhead
= $105,640 - $106,800
= $1,160 Favorable
Therefore, for computing the controllable variance we simply deduct the budgeted overhead from actual overhead.
Answer:
Decision making process are as follows
Identification of problem
Collection of problem
Analyzing the problem
Taking Multiple Alternatives
Selecting best alternates
Taking decision
Answer:
Effect on income= $73,600 increase
Explanation:
Giving the following information:
Contribution margin $ 112
Increase in variable cost= $8 per unit.
Decrease in fixed costs= $100,000 per month.
Increase in sales unit= 500 units
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= effect on total contribution margin + decrease in fixed costs
Effect on income= 500*104 - 9,800*8 + 100,000
Effect on income= $73,600 increase