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anyanavicka [17]
3 years ago
8

Flexible Budgeting

Business
1 answer:
Ghella [55]3 years ago
3 0

Answer and Explanation:

The calculation is given below:

Fabricating department

The budgeted cost is

= $9,280 ÷ 640 hours × 600 hours + $2,300

= $8,700 + $2,300

= $11,000

Grinding department

= $159,600 ÷ 7,600 hours × 9,500 hours + $56,000

= $199,500 + $56,000

= $255,500

In this way the budgeted cost should be determined

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Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe
faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

Total cost of boxes = $6×120

=$720

Ordering cost =$3

Holding costs = (10/100 ×6)12

=$7.2

Total costs of cleaning clothes =

The cost of boxes+ordering cost+holding cost

=720+3+7.2 = $730.2

3 0
4 years ago
Movie studios use tracking studies in which prospective moviegoers are asked questions about an upcoming film release to help th
Grace [21]

Answer:

This is an example of survey or marketing research.

Explanation:

For the movie studios to use tracking studies in which moviegoers are asked questions about their thoughts and opinion in a new movie, it is called survey. <em>Part of the aim could be for criticism of their works, revenue forecast, impact of the movie on the society or their thought on the theme of the movie. </em>

6 0
4 years ago
In general, reducing the number of periods (n) used to pay off credit card debt but keeping the present value (PV) and interest
NARA [144]
In general, reducing the number of periods (n) used to pay off credit card debt but keeping the present value (PV) and interest rate (i) the same will increase the monthly payment (P).

Debt results once<span> a </span>shopper<span> of a </span>MasterCard<span> company purchases </span>an<span> item or service through </span>the card<span> system. The late payment penalty itself </span>will increase the number<span> of debt </span>the buyer<span> has.</span>
6 0
3 years ago
Allison is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alt
lukranit [14]

Answer:

$54,000

Explanation:

The opportunity cost is that cost which can be given the benefit out of the given options. In another way, it would be select the best alternative option which gives you the best results or benefits.  

In the given case, Allison earns $54,000 in her first year of employment and if she works with her father she earns an annual salary of $38,000. So, the opportunity cost, in this case, would be $54,000

4 0
3 years ago
The shape of the ______________ involves a tradeoff between unemployment and inflation.
larisa [96]

The shape of the Phillips curve involves a tradeoff between unemployment and inflation.

the question is incomplete .please read below to find the missing content

The shape of the ______________ involves a tradeoff between unemployment and inflation.

A. the aggregate demand curve

B. the aggregate supply curve

C. Phillips curve

D. Keynesian demand curve

Phillips curve, the graph of the economic relationship between the unemployment rate (or rate of change in the unemployment rate) and the rate of change in nominal wages. Named after the economist A. Williams Phillips, he notes that wages tend to rise faster when unemployment is low.

The Phillips curve shows the relationship between inflation and unemployment. In the short term, inflation and unemployment are inversely related. As the number of one increases, the amount of the other decreases.

The underlying problem is that the Phillips curve misinterprets the assumed relationship between unemployment and inflation as causal. In fact, it is changed in aggregate demand that drives changes in both unemployment and inflation. The Phillips curve continues to mislead and mislead policymakers.

Learn more about the Phillips curve here

brainly.com/question/4486587

#SPJ4

8 0
2 years ago
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