Answer: $21,880
Explanation:
First find the after tax operating income:
= (Revenues - variable costs - fixed costs - depreciation ) * ( 1 - tax rate)
= (120,000 - 72,000 - 20,000 - 10,00) * ( 1 - 34%)
= $11,880
Then add back depreciation because it is a non-cash expense:
Operating cashflow = 11,880 + 10,000
= $21,880
Answer:
a
$137,800
A flexible budget uses the standard hour and costs adjusted to Actual level of output
thus
Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800
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Elon Musk is the current CEO of Space X
I think that they MIGHT be A C and D