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zhannawk [14.2K]
2 years ago
13

Lunderville Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,200 units

are planned to be sold in December. The variable selling and administrative expense is $3.10 per unit. The budgeted fixed selling and administrative expense is $60,800 per month, which includes depreciation of $6,720 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the December selling and administrative expense budget should be:_____________
Business
1 answer:
Mila [183]2 years ago
4 0

Answer:

$64,000

Explanation:

The calculation of the cash disbursements for selling and administrative expenses on the December selling and administrative expense budget is given below;

= Variable Selling & Administrative Expenses + Fixed Seliing & Administrative Expenses - Depreciation

= 3,200 units × $3.10 + $60,800 - $6,720

= $64,000

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Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw
prisoha [69]

Answer:

the cost of goods sold is $250,000

Explanation:

The computation of the cost of goods sold is given below:

= Opening finished goods inventory + cost of goods manufactured - ending finished goods inventory

= $72,000 + $246,000 - $68,000

= $250,000

Hence, the cost of goods sold is $250,000

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3 years ago
The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Compan
Julli [10]

Answer:

the approval was already anticipated by the market

Explanation:

This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.

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3 years ago
The Wilmoths plan to purchase a house but want to determine the after-tax cost of financing its purchase. Given their projected
iVinArrow [24]

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the annual after-tax cost of financing the purchase of the home is $23,638.40

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We simply applied the above formula

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3 years ago
Although it does not explicitly endorse traditional gender roles, which sociological perspective implies that dividing tasks bet
Licemer1 [7]

The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

<h3>What is a functionalist perspective?</h3>

This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts

The key points about functionalist perspective are:

  • It view social change as a strain on the system
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Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

Read more about functionalist perspective

brainly.com/question/5963935

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2 years ago
Define CAMELS, why it was created and how the system works, and give the names of six factors of CAMELS
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CAMELS is an international rating system to rate banks, it was created in the United States as a supervisory rating system.

In order to ensure their financial strength, banks have periodic examinations by a Office of the Comptroller of the Currency. Bank examiners issue CAMELS, a numerical rating to the bank as a result of the examination, examiners score each bank in the six factors listed above. Banks score between 1 and 5 in each category (1 being the highest).

Hope this helps, HAVE A BLESSED AND WONDERFUL DAY! As well as a great Valentines Day! :-)  

- Cutiepatutie ☺❀❤

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