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goldenfox [79]
3 years ago
14

A company planned to sell 100 canoes for the month of April at an average sales price of $600. Midway through the month, the com

pany had sold 65 canoes and forecasted total sales of 130 canoes at an average price of $595. The actual sales for April were 120 canoes at an average sales price of $590. What is the flexible budget amount for canoe sales revenue for April?
Business
1 answer:
andreyandreev [35.5K]3 years ago
3 0

Answer:

flexible budget amount for canoe sales revenue for April is $72000

Explanation:

given data

sell =  100 canoes

average sales price = $600

sold = 65

total sales = 130

canoes at an average price = $595

actual sales = 120 canoes

to find out

flexible budget amount for canoe sales revenue for April

solution

we know here for flexible budget april sale unit are = 120

and selling price is $600

so that April sales will be here = 120 × 600

April sales = 72000

so flexible budget amount for canoe sales revenue for April is $72000

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<u>Explanation:</u>

They keep up associations with administrators of customer organizations, supervise the office's record group over all orders and create procedures for customers.

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3 years ago
The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr
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Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

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3 years ago
Which sentence identifies the concept of perishability? Tourism is a service-oriented field in the goods-service continuum. Four
allochka39001 [22]

Thirdly, storage of services is not possible, as services are consumed when offered to a customer.

Answer: Option 3.

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3 years ago
From 1970 to 1998 the U.S. dollar a. gained value compared to the German mark because inflation was higher in the U.S. b. gained
yawa3891 [41]

Answer:

lost value compared to the German mark because inflation was lower in Germany

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3 years ago
A certain company has purchased new swivel chairs for its employees. The company made the purchase on a credit plan at Buy Right
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Answer: $45,862.29

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The original price would be the present value of the payments and since the payments are constant over a period, they are an annuity

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7 0
3 years ago
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