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Finger [1]
3 years ago
7

Applet Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. The company has budgeted varia

ble costs of $ 130 for each connector and fixed costs of $ 4,500 per month. Applet ​'s static budget predicted production and sales of 100 connectors in​ August, but the company actually produced and sold only 72 connectors at a total cost of $ 19,000 .
Applet's flexible budget variance for total costs is:
Business
1 answer:
Marysya12 [62]3 years ago
5 0

Answer:

Applet's flexible budget variance for total costs is $5,140  unfavorable variance since actual is higher than budgeted cost

Explanation:

Flexible budget variance for total costs=actual total costs-budgeted total costs of 72 connectors

actual total costs of 72 connectors=$19,000

budgeted total costs of 72 connectors=budgeted fixed cost+budgeted total variable cost of 72 connectors

total budgeted variable cost=72*$130=$ 9,360.00  

budgeted fixed cost is $4,500

Budgeted total costs of 72 connectors=$9,360.00+$4,500.00=$ 13,860.00  

Flexible budget variance =$ 13,860.00-$19,000.00=$5140  unfavorable variance

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The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there
OLga [1]

Answer:

The correct option is B,zero monetary cost but a $1,000 per month opportunity cost

Explanation:

Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.

Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.

4 0
3 years ago
In regard to an operating budget identifiable costs may generally include _________.
PSYCHO15rus [73]

Answer:

Explanation:

Identifiable costs by definition are expenses that can be identified directly with a specific facility, activity or function. Operating budgets deal with short term expenses and expenses to be incurred in the next one year. Therefore, in regard to operating budget, identifiable costs may generally include cost of inventory, cost of fixed assets like land and equipment, supporting group and the direct care group wages.

6 0
3 years ago
How are SAE programs expanded and/or diversified?
harkovskaia [24]

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

  • Increased self-employment has led to something like the SAE programs.  
  • Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.  
  • By introducing or growing new goods as well as companies. This would be referred to those as diversification.  
  • Whilst also connecting to the awareness acquired via the SAE programs.
8 0
2 years ago
Darlene is getting an FHA-insured loan to purchase a house. The purchase price is $278,000, and she’s paying 3.5% down. She will
omeli [17]

Answer:

96.5%

Explanation:

Data provided in the question:

Purchase price i.e the value = $278,000

Down payment paid = 3.5%

Upfront mortgage insurance premium = $4,865

Now,

Amount of down payment = 3.5% of loan value

= 0.035 × $278,000

= $9,730

Therefore,

The loan value = value - Amount of down payment

= $278,000 -  $9,730

= $268,270

Thus,

loan-to-value on the loan = [ loan value ÷ value ] × 100%

= [ $268,270 ÷ $278,000 ] × 100%

= 96.5%

4 0
2 years ago
4. Which of the following is true of social capital?
maks197457 [2]

Answer:

Option C.

Explanation:

Social capital is basically the relationships among people who live and work in a particular society, thus allowing that society to function effectively". As such. The value of social capital is determined by the number of the relationships in a social network.

8 0
2 years ago
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