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Arturiano [62]
2 years ago
6

Randa is trying to lower the vacancy rates for the commercial property she manages because her revenue targets will increase by

8% over the next year. What type of budget contains this revenue detail?
Business
1 answer:
Dmitry [639]2 years ago
7 0

Answer:

Operating budget

Explanation:

An operating budget is a detailed projection where the company expected its revenue and expenses for a period of time. It is to be prepared at the closing of the year to represent the expected level of the activity during the following year

So as per the given situation, it is the operating budget that contains the revenue details

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Stockholders have residual claim on all assets after debt is paid and therefore have ____ risk than bondholders.
ddd [48]

Answer:

b) higher

Explanation:

As we know that the bondholders would be have more priority as compared with the shareholders either they have high risk as compared with the bond holders

So as per the given situation, in the case when the stockholder has the residual claim on all the assets after the payment of debt. This leads to high risk as compared with the bondholders

Therefore the correct option is B.

8 0
3 years ago
In double-entry accounting, what kinds of transactions are recorded in the left debits column?
yaroslaw [1]
Asset debits are recorded in the left debits column.
6 0
3 years ago
Read 2 more answers
EB2.
madreJ [45]

Answer:

The question is incomplete; the complete question is given below:

                                                                  $

Direct materials             15,000.00

Direct labor                       25,000.00

Factory depreciation expense         45,000.00

Factory utilities expense          2,000.00

Payroll staff's salary    15,000.00

Prime cost= $40,000,  Conversion cost= $72,000

Explanation:

Prime cost: It is the summation of all direct costs. Direct costs are costs that are incurred directly for a particular product, and therefore can be traced to it.

Examples of direct costs include; direct material costs, direct labour cost and direct expense

Direct materials cost: the costs of all materials used directly to manufacture a product. <em>For example, cocoa powder, vanilla used in making chocolate</em>. <em>Every other materials costs are indirect material costs</em>

Direct labor cost: the cost of the labor hours of workers actively involved in the production of a product. For example, the cost of the total hours paid to workers for packing the chocolates into cartons. <em>Every other labor costs are indirect labor costs</em>

Prime cost = Direct material cost+ Direct labour cost  + Direct expense

Prime cost = $15,000 + $25,000= $40,000

Conversion cost = The sum of direct labour costs  and <u>manufacturing overheads</u>

Conversion cost= $25,000 + $45,000 + $2000= $72,000

Note that payroll staff cost was excluded because payroll function is an administrative activitiy not manufacturing.

6 0
3 years ago
At the beginning of the period, the Cutting Department budgeted direct labor of $52,350 and supervisor salaries of $42,150 for 3
xxTIMURxx [149]

Answer:

$77,000

Explanation:

Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350   for 3,490 hours

For 3,800 hours, (52,350/3,490) * 3,800 = $57,000

Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000

Net budget (flexible) = $57,000 + $20,000

Net budget (flexible) = $77,000

4 0
3 years ago
g . Kings Donut Inc common stock sells for $39.86 a share at a market rate of return of 9.5%. The company just paid its annual d
Simora [160]

6.29% is the rate of growth

<u>Explanation:</u>

<u>The following formula is used </u>

Price = D1 / ke -g

39.86 = 1.2 multiply with (1 + g) / 0.095 - g

3.7867 – 39.86 g = 1.2 + 1.2 g

2.5867 = 41.06 g

Now, we have to calculate the value of g  

g = 2.5867 divide 41.06

= 0.0629  

= 6.29 %

Where:

G = growth, ke = market rate of return, D1 = dividend ( annual), P = price of the share of company

7 0
3 years ago
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