Answer:
None of these answers is correct.
Explanation:
A static budget is also referred to as a fixed budget. A static budget remains constant throughout a period regardless of changes in inputs. A static budget is prepared at the beginning of a period. It is an informed forecast of incomes and production in the coming year.
A flexible budget adjusts to changes in volumes or activity. A flexible budget is prepared using the actual activity level and incomes at the end of a period. A comparison is then made with the actual expenses to evaluate the performance for the year.
Answer:
X = 32
Y = 96
Explanation:
Z = 5%
Z = (0.04X + 0.08Y) / (X + Y)
we can substitute Z:
0.05 = (0.04X + 0.08Y) / (X + Y)
0.05 (X + Y) = 0.04X + 0.08Y
0.05X + 0.05Y = 0.04X + 0.08Y
0.01X = 0.03Y
X = 0.03Y / 0.01 = 3Y
This means that we must choose one value for Y that divided by 3 equals another option:
the only possibility that fits the equation is:
Answer:
$266,647
Explanation:
Total Moves = sum of total expected material moves of modular homes and prefab barns
= 580 + 180
= 760 Moves
Material handling cost allocated to Modular homes:
= (Expected total materials handling cost ÷ Total moves) × total expected material moves of modular homes
= ($349,400 ÷ 760) × 580
= $266,647
If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to: $266,647
Answer:
July.
Explanation:
Revenue should be recognize when earned. The services were provided o July, so are earned in July.
During June, the customer can cancel the order. The company should not recognize yet. It has to be conservative.
Under cash basis, the services will be recognize on August which, is the payment date. But, on recognition principle we should use accrual basis. The business provide services on July afterwhich it can claim to the customer the amount therefore, it is a realziable gain.
