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kondor19780726 [428]
3 years ago
15

Wyzard Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbishe

d. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for February.
Fixed Element per Month Variable Element per Container Refurbished Actual Total for February
Revenue $3,800 $123,400
Employee salaries and wages $40,000 $1,100 $73,800
Refurbishing materials $700 $21,800
Other expenses $29,700 $28,800


When the company prepared its planning budget at the beginning of July, it assumed that 37 containers would have been refurbished. However, 32 containers were actually refurbished during the month. The revenue variance in the Revenue and Spending Variances column of a performance report comparing actual results to the flexible budget for July would have been closest to: ________
Business
1 answer:
muminat3 years ago
4 0

Answer:

Wyzard Corporation

The revenue variance in the Revenue and Spending Variances column of a performance report comparing actual results to the flexible budget for July would have been closest to: ________

$1,800 F

Explanation:

a) Data and Calculations:

                                            Fixed Element  Variable Element   Actual Total

                                                per Month      per Container       for February

                                                                        Refurbished

Revenue                                                              $3,800                 $123,400

Employee salaries and wages  $40,000            $1,100                  $73,800

Refurbishing materials                                          $700                   $21,800

Other expenses                        $29,700                                         $28,800

Revenue variance

Budgeted revenue (flexible) = $121,600 ($3,800 * 32)

Actual revenue                          123,400

Variance                                       $1,800

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Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.

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3 years ago
Inventory control models assume that demand for an item is:______________.
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Answer:

b.

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Assume that Global Cleaning Service performed cleaning services for a department store on account for​ $180. How would this tran
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(B) Increase both assets and equity by $180

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In the Global Cleaning Service`s case:

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Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.

Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.

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Suppose there is a product that is being sold in a perfectly competitive market. If the market price of the product falls​, prod
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Answer:

Decrease; Less

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