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-BARSIC- [3]
2 years ago
13

A company's master budget for October is to manufacture and sell 30,000 units for a total sales revenue of $270,000, total varia

ble costs of $180,000, and total fixed costs of $24,000. The company actually manufactured and sold 32,000 units and generated $45,000 of operating income in October. The flexible-budget operating income in October was:
Business
1 answer:
Feliz [49]2 years ago
5 0

Answer:

$72,000

Explanation:

The Starting point for flexing a Budget  is to determine the Standard unit Selling Price and unit Cost Prices, then apply the amounts to the actual activity/production as shown below ;

<u>Flexible-budget for the month of October</u>

Sales ($270,000/30,000 x  32,000)                               $288,000

Less Variable Costs ($180,000/30,000 x  32,000)       ($192,000)

Contribution                                                                        $96,000

Less Fixed Costs                                                               ($24,000)

Operating Income                                                               $72,000

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Answer:

C. lower, higher

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Also Higher required returns mean that the investor requires higher returns to buy the stock, because he may view the stock as risky and requires higher returns for the risk he is taking or he may have a higher opportunity cost (for eg interest rates may be high) with other investments. Mathematically the DDM model D*(1+G)/R-G shows us that a higher R would mean lower stock price.

Explanation:

7 0
2 years ago
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TarHeel Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased
ddd [48]

Answer:

TarHeel's accounting effective tax rate is 19.95%

Explanation:

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= 10,500/1,000,000

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3 years ago
Type the correct answer in the box. Spell all words correctly.
Shalnov [3]

The marketing method used in the situation described is advertising.

<h3>What is marketing?</h3>

Marketing is a business term that refers to the set of actions of a company intended to intentionally stimulate the demand and purchase of goods and services.

One of the most popular marketing actions is advertising, in which advertisements are created to create a need for the buyer to purchase that good or service. Sometimes advertising includes a specialization, that is, it focuses on a specific audience.

In the case described, the company is using advertising so that people believe they need to buy the ticket and participate in the experience offered by it. Additionally, people will be more interested in this package because it includes different activities from other cruises.

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3 years ago
Alliance Company budgets production of 35,000 units in January and 39,000 units in the February. Each finished unit requires 4 p
harkovskaia [24]

Answer:

$506,800

Explanation:

The calculation of budgeted materials cost is shown below:-

For computing the budgeted materials cost first we need to find out the total materials for production and materials to be purchased which is here below:-

Total materials for production = Budgeted production × Pounds of raw material per unit

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