At the beginning of the year, a teacher leads various icebreaker activities and keeps notes on students' hobbies and interests. The main purpose of keeping these notes is to incorporate their interests into lessons.
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What is Ice breaking?</h3>
- An icebreaker is a facilitation activity designed to assist participants in starting the process of building a team among themselves. Commonly, icebreakers are presented as a game to "warm up" the group by assisting the participants in getting to know one another.
- They frequently concentrate on disclosing private information like identities, interests, etc.
- In order to introduce people to one another in situations where they might not know one another, ice-breakers are frequently utilized in social events like parties.
- An icebreaker should be connected to the discussion topic or goal of the gathering.
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The amount of utilities cost for July that appears on the flexible budget is12,500*$0.33 = $4.
<h3>Flexible budget </h3>
A flexible budget is one based on different volumes of sales. A flexible budget flexes the static budget for each anticipated level of production. This flexibility allows management to estimate what the budgeted numbers would look like at various levels of sales.
<h3>How do you calculate flexible budget?</h3>
To do this, multiply the total production output by the variable cost of each unit produced. For example, if the total production output is 1,000 products and the variable cost for each unit is $25, the total variable cost is $25,000. You can also calculate average variable costs that are not related to production.
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Answer:
C. $11,498.73.
Explanation:
Solving this question, we will have to make use of this formula:
The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding
= $12,956.73 - $2,112.19 = $10,844.54
Now,
Before the adjustment on the 31st of October, 2015,
The Cash account Balance = Adjusted Bank Balance + insufficient funds checks
= $10,844.54 - $654.19 = $11,498.73
Hence third option in the question is the correct answer.