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Semmy [17]
3 years ago
11

Spark Company's static budget is based on a planned activity level of 45,000 units. At the same time the static budget was prepa

red, the management accountant prepared two additional budgets, one based on 40,000 units and one based on 50,000. The company actually produced and sold 49,000 units. In evaluating its performance, management should compare the company's actual revenues and costs to which of the following budgets? a. A budget based on 40,000 units b. A budget based on 45,000 units c. A budget based on 49,000 units d. A budget based on 50,000 units.
No calculation is needed.
Business
1 answer:
RUDIKE [14]3 years ago
4 0

Answer:

c. A budget based on 49,000 units

Explanation:

Static budget is for 45,000 units,

Further with the information budget prepared with closest activity level, is the budget for 49,000 units as actual production is 50,000 units,

Therefore the actual comparison and analysis shall be based on this budget of 49,000 units as this is relatively most accurate and near by cost for each units produced.

Correct option is

c. A budget based on 49,000 units

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Read the following examples. Determine the type of differential or new-product pricing used as the pricing strategy.
Mnenie [13.5K]

pricing used as the pricing strategy

<h3>What is pricing strategy?</h3>

When selling a product or service, a company can employ a number of pricing strategies. Senior executives must first identify the company's pricing position, pricing segment, pricing capability, and competitive pricing reaction strategy in order to determine the most effective pricing strategy for the company.

Depending on the industry and business model, value-based, competition-based, cost-plus, and dynamic pricing are all common pricing models.

A pricing strategy is a model or method for determining the most competitive price for a product or service. It assists you in determining prices that maximize profits and shareholder value while taking consumer and market demand into account.

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5 0
2 years ago
The ____ team is responsible for providing the initial assessments of the extent of damage to equipment and systems on-site and/
kati45 [8]

Answer: Damage assessment team

Explanation: Damage Assessment Teams should include contingency planners, security personnel, structural contractors, branch managers, custodians, and members from the credit union and building owners ' essential function areas.

Their primary responsibility will be to assess damage and determine the extent or severity of the accident and the level of action required to survive and recover.These personnel are the first to report after a damage takes place.

                       

8 0
3 years ago
Vonda and Aleiyah are shopping together at the mall for new jeans. Vonda is willing to pay $90 and Aleiyah is willing to pay $50
Gala2k [10]

Answer:

A. $60

Explanation:

Recall that, consumer's surplus refers to the price that a consumer is willing to pay less the amount he or she actually pays.

Thus

Consumer surplus = maximum price willing to pay - actual market price.

Given that

Market price = $40

Vonda is willing to pay = $90

Aleiyah is willing to pay = $50

Hence.

Vonda consumer surplus = 90 - 40

= $50

Aleiyah consumer surplus = 50 - 40

= $10.

Total consumer surplus = 50 + 10

= $60.

8 0
3 years ago
A credit sale of $4700 is made on April 25, terms 2/10, net/30, on which a return of $250 is granted on April 28. What amount wi
Mkey [24]

The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 terms will be equal to $4,361 on May 4.

<h3>What is the 2/10, net/30 rule?</h3>

2/10 Net 30 refers back to the change credit offered to a customer for the sale of products or services. 2/10 net 30 approach that if the amount due is paid within 10 days, the customer will experience a 2% discount.

Otherwise, the amount is due in complete within 30 days.

As per the information:

Selling price: $4,700

Discount: 2% (if paid within 10 days of purchase)

returned: $250

The actual amount to be received by the seller:

\rm\, Actual \,Amount \,to\, be\, Received = (\$4,700 - \$250) \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,450 \times 0.02 \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,450 - \$89 \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,361

Hence, The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 rule will be equal to $4,361 on May 4.

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6 0
2 years ago
Based on the following cost estimates, what is the reproduction cost of a 2,350-sq.-ft. house with a 1,100-sq.-ft. basement, a 6
alukav5142 [94]

Answer: Total reproduction estimate = $215750

Explanation:

house = 2350 sq.ft. x $77 = $180950

Basement = 1100 sq.ft x $18 = $19800

Garage cost = 650 sq.ft x $18 = $11700

Wood deck = 300 sq.ft. x $11 = $3300

Total reproduction estimate = $180950 +   $19800 + $11700 + $3300

Total reproduction estimate = $215750

7 0
3 years ago
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