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tekilochka [14]
3 years ago
10

Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance re

ports. The cost formula for wages and salaries is $8,850 per month plus $400 per press run plus $950 per book set-up. The company expected its activity in July to be 204 press runs and 111 book set-ups, but the actual activity was 201 press runs and 110 book set-ups. The actual cost for wages and salaries in July was $193,780. The wages and salaries in the flexible budget for July would be closest to: Multiple ChoiceA. $193,019. B. $195,900. C. $193,780.D. $193,750.
Business
1 answer:
juin [17]3 years ago
7 0

Answer:

D. $193,750

Explanation:

Calculation for the wages and salaries in the flexible budget for July

FLEXIBLE BUDGET FOR JULY

Using this formula

Flexible budget= Wages and salaries Cost formula per month+Actual activity press runs*Wages and salaries per press runs+Actual activity book set-ups*Wages and salaries book set-up

Let plug in the formula

Flexible budget=$8,850+201*400+110*950

Flexible budget=$193,750

Therefore the wages and salaries in the flexible budget for July would be closest to $193,750

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Sandy is currently 8 years old. 

Start by using x for Sandy's current age and x + 5 for Megan's current age. 

Since we know the above, we can find their age's as of 4 years ago as both of those minus 4. So Sandy 4 years ago was x - 4 years old and Megan was x + 1 years old. 

Now we can set up an equation that shows that Megan's age 4 years ago was equal to Sandy's age 4 years ago times 3 minus 3. 

x + 1 = 3(x - 4) - 3
x + 1 = 3x - 12 - 3
x + 1 = 3x - 15
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16 = 2x
8 = x

Which is Sandy's current age. 
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3 years ago
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Answer:

Explanation:

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Cr Sales Salaries payable 1,700

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Cr Merchandise inventory 1,300

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Dec 31, 2018

Dr Sales Revenue 529,000

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Dec 31, 2018

Dr Income summary 444,500

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Cr Selling expense 39,000

Cr Administrative expenses 105,000

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Dr Income Summary 84,500

Cr Retained earnings 84,500

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6 0
3 years ago
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Which of the following financial packages has the lowest total cost to the student?
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In which of the following situations would the minimum efficient scale of operation provide little or no guidance regarding how
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Answer:

When the LARC (Long Run Average Cost) curve slopes downward over the relevant or material range of the output

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So, the one situation which will minimize the efficient scale of operation provide no guidance is when the LARC curve is downward sloping over the material range of the output. It states that the market should be served by a single firm in order to minimize the aggregate cost of the production.

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Match the following terms with their definitions. Salary, rewards, net pay, occupation, costs, benefit, deduction1. a fixed amou
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Answer:

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