Answer:
Zoo Inc.
Cash budget for the month of March
Amount in $
Beginning cash balance 27,000
Add:
Cash receipts 106,000
Total cash available 133,000
Less:
Cash disbursements (93,000)
Ending cash balance before borrowing 40,000
Desired ending cash balance <u> 65,000</u>
Cash excess (deficiency) <u>(25,000)</u>
The borrowing required to attain desired ending cash balance is $25,000
Explanation:
Cash budget is a forecast of the net cash flows to/from an entity over a given period of time.
Details of the cash budget include the opening cash balance, the expected expenses or outflows of cash, the expected inflows and the closing balance expected as a result of the three (3) items mentioned earlier.
Answer:
The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.
Explanation:
The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.
The answer to this question is <span>A downward shift in the MC curve.
If the labor productivity is increased, it means that the employees are able to produce more effort without additional cost.
Which means, the total cost of product that arrived for consumers could be significantly lower.</span>
<u>Explanation:</u>
1. Calculation of labor spending variance for the month of march
Labor spending variance = (Actual rate x actual hours)- (Standard rate x Standard hours)
=(13 x 63000) - (12 x (26000 x 3))
=-1,38,600
Labor spending variance for the month of March is $138600
2.Calculation of variable manufacturing overhead planning cost
Variable manufacturing overhead planning cost= (Planning budget units x required hours x cost per hour)
=(21000 x 3 x7)
=441,000
Variable manufacturing overhead planning cost is $441,000
3. Calculation of Variable manufacturing overhead cost
Variable manufacturing overhead cost= (Actual units x required hours x cost per hour)
=(26600 x 3 x7)
=$558,600
Variable manufacturing overhead cost is $558,600
4. Calculation of Variable overhead rate variance
Variable overhead rate variance= Actual hours ( actual rate - standard rate)
=63000((510930/63000)-8)
=63000(8.11-8)
=63000(0.11)
=6930
Variable overhead rate variance is =6930
Answer:
26.923%
Explanation:
Return on Investment
Center B
return 525,000
investment 1,950,000
ROI 525,000 / 1,950,000 = 0,26923076923 = 26.923%
Is metric is used to determinatethe efficiency of the assets. It compares the generated amount with the investment account.
The investment yields 26.923% of the principal
