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
MAXImum [283]
3 years ago
7

Sales variance analysis is used by managers for: Select one: a. Planning purposes only. b. Budgeting purposes only. c. Control p

urposes only. d. Planning and control purposes. e. Planning and budgeting purposes.
Business
1 answer:
pychu [463]3 years ago
5 0

Answer:

e. Planning and budgeting purposes.

Explanation:

Sales variance analysis is used by managers for planning and budgeting purposes, as this analysis allows managers to better understand the company's sales scenario in a given period in relation to different variables such as budgeted quantity, quantity sold and amount of profit made.

Through analysis, greater control and strategic planning and future budgets are possible so that an organization remains profitable and competitive in the market.

You might be interested in
The following is an excerpt from Walmart's 2015 Form 10-K A summary of the provision for income taxes is as follows ($ millions)
REY [17]

Answer:

a. The mount of income tax expense does Walmart report in its income statement for 2015 was $8,074

b. The amount of Walmart's income tax expense that was determined from the company's tax returns is $8,615

c. Deferred taxes decreased Walmart's income tax provision for the year

Explanation:

a. In order to calculate what amount of income tax expenses does Walmart report in its income statement for 2015, we would have to use the following formula:

Income tax expenses= Current year income taxes + Deferred tax expense

Income tax expenses=$8,615-$541

Income tax expenses=$8,074

b. The amount of Walmart's income tax expense that was determined from the company's tax returns is $8,615. This are the Total current tax provision.

c. Deferred taxes decreased Walmart's income tax provision for the year becuase the Deferred taxes are benefit.

6 0
3 years ago
If a company's current ratio increases from 1.2 to 1.4 from one year to the next, and its acid test ratio decreases from 0.20 to
Trava [24]

Answer:

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

Explanation:

Current Ratio = Current Assets/ Current liabilities

An increase in the current ratio means that there is an increase in the current assets or decrease in the current liabilities.

Acid test  Ratio=  Current Assets - Inventory / Current liabilities

If the acid test ratio is decreased it means that there is an increase in current liabilities or the current assets have decreased.

If we carefully look at the two formulas we find that inventory has increased and deduction of inventory from current assets reduces the amount of current assets and increases the current liabilities giving a bigger acid test ratio.

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

5 0
3 years ago
A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the sup
podryga [215]

Direct Material Cost Per Square Foot= 8+.1= 8.1 per square foot.

5 0
3 years ago
You started a venture 2 years ago with $400,000 dollars and own 60% of the 500,000 shares issued. What is the pre and post money
Colt1911 [192]

Answer:

Alpha Venture :Post money $1,000,000

Alpha Venture :Post money $800,000

Beta Ventures Post money $400,000

Beta Venture Pre-money $800,000

Kappa Ventures Post money $200,000

Kappa Ventures Pre money $400,000

Explanation:

Calculation for Alpha Ventures Post money:

$200,000/20%=$ 1,000,000

Alpha Ventures Pre-money will be :

$1,000 000- $200,000

= $800,000

Calculation for Beta Ventures Post money

= $400,000

Beta Ventures Pre-money will be:

=$ 400,000+$400,000

=$800,000

Calculation of Kappa Ventures Post money:

= $200,000

Kappa venture Pre-money will be:

= $200,000+$200$000

= $400,000

5 0
3 years ago
What is an optical cue?
N76 [4]

answer well they  provide depth information when viewing a scene with both eyes.

i don't know how else to explain it

4 0
3 years ago
Other questions:
  • Senior executives at NEC were unwilling to listen to younger scientists who said that LCD technology would appeal to customers w
    15·1 answer
  • Item I51 is used in one of Policy Corporation's products. The company makes 20,800 units of this item each year. The company's A
    5·1 answer
  • 2) The primary deficit is equal to A) the amount by which government purchases, transfers, and net interest exceed tax revenues.
    6·1 answer
  • Ms. Fresh bought 1,000 shares of Ibis Corporation stock for $5,400 on January 15, 2017. On December 31, 2019, she sold all 1,000
    5·1 answer
  • L Corporation produces and sells 15,300 units of Product X each month. The selling price of Product X is $23 per unit, and varia
    7·1 answer
  • When an asset is sold, a gain occurs when the:______.
    14·1 answer
  • Firms that hire outside consultants can reduce the impact of moral hazard by: A. hiring work on a fixed-fee basis B. monitoring
    13·1 answer
  • What is jute sacks ?​
    9·1 answer
  • Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl
    8·1 answer
  • Your team consists of three people who are collaborating on a short quarterly report. You are putting the final touches on your
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!