Answer:
The company's profit will remain unchanged.
Explanation:
The new worker will increase costs by $75 per day while the total sales will increase by $75 per day (= 5 units x $15). The only way the company increases its profit is that they sell at least 6 more units per day.
Answer:
The total debit in the trial balance gives $72400,same as the total credits
The trial balance is prepared just before the preparation of financial statements such statement of profit or loss ,statement of financial position(balance sheet) as well as cash flow statement.
Find attached spreadsheet containing the trial balance prepared.
Explanation:
The trial validates the arithmetical accuracy of postings done in the ledger accounts.
To prepare the trial balance,balances extracted from the ledgers are required.The rule is that assets,expenses and drawings are debited to trial balance why income,capital and liabilities are credited
Answer: The student should deposit= $3,272.40
Explanation:
The formula we need to use is
FV
=
P
(
1
+
rt
)
where:
F
V = the future value.
P
= the principal amount.
r=
the rate of interest. = `12%= 0.12
t= time in years.
= 4/12= 1/3 =O.3333
FV
=
P
(
1
+
rt
)
$3,400 = P (1 + 0.12 X 0.3333)
$3,400 = P (1 + 0.039)
$3,400 = P (1.039)
P= 3400 /1.039= $3,272.40
budget variance was the difference in ROI between the budgeted and actual amounts
<h3>What is
budget variance?</h3>
A budget variance is an accounting term that refers to situations in which actual costs are higher or lower than the standard or projected costs. An unfavorable, or negative, budget variance indicates a budget shortfall, which can occur when revenues fall short or costs exceed expectations.
Typically, variance reports are used to examine the gap between budgeted and actual performance. Depending on the financial outcomes being compared, the variance report may also be referred to as "budget variance" or simply "variance." The difference between the budgeted/baseline goal and the actual reality is referred to as "variance."
Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost.
To know more about budget variance follow the link:
brainly.com/question/25790358
#SPJ4
