1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The smartphone market has been dominated by Apple, but recently the Droid has been able to leverage Google's information service
BigorU [14]

Answer:

Smartphone Market

Apple, Google, and Blackberry:

This analysis is consistent with the industrial organization  model:

a) True

Explanation:

Industrial organization is the application of the economic theory of price, the structure of markets, and the strategic moves by firms to industrial analysis.  According to investopedia.com, "Industrial organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition."

The industrial organization model is a way of  explaining the forces outside an organization that exert influences on a firm's strategic actions.  It is based on the assumptions that decision-makers act rationally, have mobile resources that they control, and that pressures and constraints are imposed by the external environment.

4 0
3 years ago
right-to-work laws stipulate that a person cannot be denied employment because of membership or nonmembership in a labor union o
LekaFEV [45]

It is true that right-to-work laws stipulate that a person cannot be denied employment because of membership or non-membership in a labor union or other labor organization.

The concept of the right to work is that people have a human right to work or engage in productive employment and should not be denied that right. The right to work is recognized in international human rights law through its inclusion in the International Covenant on Economic, Social, and Cultural Rights, where the right to work emphasizes economic, social, and cultural development.

The right to work was also enshrined as a fundamental right of citizens in the Soviet Union's constitution. The Human Rights Measurement Initiative assesses countries' right to work based on their level of income.

Learn more about right to work here:

brainly.com/question/14711960

#SPJ4

8 0
2 years ago
The ________ stage of the product development process often requires the design of after-sales processes such as maintenance, wa
ziro4ka [17]

Answer:

The correct option is E,product marketing and supply chain preparation

Explanation:

This last stage in product development process addresses the issues in  last  stage in the customer's purchase decision process, post-purchase evaluation.

In order for customers to perceive the product as been a perfect fit for their needs, their issue around maintenance , repair and warranties must be adequately addressed which is a justification for them to come back for repeat business.

Also, it is noteworthy that the consumers are not only purchasing the physical products but also the services after purchase known as augmented or extended product

8 0
3 years ago
Read 2 more answers
Kl textiles writes 22 checks a day for an average amount of $827 each. these checks generally clear the bank 3.5 days after they
Vitek1552 [10]

Answer:

$63,679

Explanation:

Kl textiles

Disbursement Float can occur in a situation where a person, company or organisation spent an amount of money in which the amount spent has not be removed or taken out of the person, company or organisation

bank account. Example is written out a checks in which the checks has not be cleared form the company bank account till after some days

Disbursement float =

22 × $827 ×3.5

= $63,679

Therefore the amount of the firm's disbursement float will be $63,679 because Kl textiles writes 22 checks a day for an average amount of $827 each in which the checks generally clear the bank 3.5 days after it was written.

6 0
3 years ago
Read 2 more answers
How do dogs drink water
alina1380 [7]

Because dogs don’t have cheeks, they can’t create suction. To compensate, their tongues slap the water and pull it toward their maw in the form of a liquid column. As this water is suspended in mid-air, they chomp down on it and swallow, repeating the process until they’re satisfied.


3 0
3 years ago
Other questions:
  • A few days before the end of the term of a two-year NDA (non-disclosure agreement) he signed with a startup company related to a
    15·2 answers
  • Oakwood Primary Care Clinic is considering a capitation arrangement with a managed care organization in which the clinic would p
    7·1 answer
  • A dealer forecasts that the discount rate on a 60-day bill will be 5.10%. The current discount rate on a 90-day bill is 5.30%. W
    8·1 answer
  • Excerpt from Areojet Corporation records for month of February: Per Unit Per Month Selling price $ 200,000 Direct materials used
    12·1 answer
  • Change from the fair value method to the equity method Assume an investor company acquires for $256,000 an 8% investment in the
    11·1 answer
  • In a simple economy suppose that all income is either compensation of employees or profits. Suppose also that there are no indir
    11·1 answer
  • This is a partial adjusted trial balance of Pharoah Company. PHAROAH COMPANY Adjusted Trial Balance January 31, 2022 Debit Credi
    12·1 answer
  • Why is communism disappearing?<br><br> Hint: (demand market v. Command market)
    13·2 answers
  • In 2020, Miranda records net earnings from self-employment of $158,500. She has no other gross income. Determine the amount of M
    13·1 answer
  • Suppose stocks offer an expected rate of returns of 10% with a standard deviation of 20%, and gold offers an expected return of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!