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hodyreva [135]
3 years ago
15

Maria's initial project budget was increased from 16,000 to 18,000 . What was the variance from the initial budget

Business
1 answer:
algol [13]3 years ago
4 0
It increased by 2000
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Assuming purchase costs are rising, determine which of the statements below are correct regarding the cost of goods sold under F
anzhelika [568]

Answer:

A

B

C

D

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory

In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.

Because of the high net income reported under FIFO, tax paid would be the highest too

6 0
3 years ago
Carl's monthly take-home pay is $2000, and his monthly rent is $500. if both his monthly take-home pay and his rent increase by
sleet_krkn [62]
5% if I am correct please tell me if I am! Thank you!
4 0
3 years ago
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Suppose that the government is going to auction off permits equal to one third of total emissions in the economy (so two-thirds
LenaWriter [7]

Answer:

TRUE

Explanation:

TRUE, in the question, the government is going to auction off permits equal to one third of total emissions in the economy (so two-thirds of all emissions must be abated)

however, the firm will buy 100 permits even though thir marginal cost is below $ 15. because here the firm will get a monopoly in holding the permits of one third of total emissions in the economy. this is such a huge benefit for the firm and by acquiring this permits the firm can transfer the permission permits to other firm with high price or they can distribute the permits of emission among the different firms below the size of the emission permits holding firm. thus, even though marginal abatement cost of$8 has a special opportunity to buy 100 permits at a price of $15 per permits, the firm will resort to buy the permits. the power in handling the emission permits and the monopoly getting the firm in holding the permits allow the firm to act as a leader in the economy compared to other firm who don't have the emission permits. thus, the money gain and the authority gaining in emission permit hold the firm to buy the permits even though their marginal cost is below $15

3 0
3 years ago
Which one of the following is NOT one of the major business functions or specialized tasks performed by business organizations a
mina [271]
Answer is E

This a process which engages working people through union. They negotiated a contract with owner& the employers to get information details about the term of employment like pay, benefits, house leves,,health, safety policies.

Help to ensure balance work and personal relationship.

Sale HR financial and production are important business functions & supported heavily by information systems.

Collective bargaining is a negotiating process not core business function or specialised task.
8 0
3 years ago
Westerville Company reported the following results from last year’s operations: Sales $ 1,200,000 Variable expenses 320,000 Cont
lidiya [134]

Answer:

1) Last years' margin = Net operating income÷ Sales    

                              =  240,000÷1,200,000

                              = 0.2= 20%

2) Last years' turnover = Sales ÷ Average operating assets

                                       = 1,200,000 ÷ 600,000

                                        = 2

3) Last years' return on investment = Margin ratio × turnover ratio

                                                             = 20% × 2 = 40%

4) Margin for this years' investment = Net operating income ÷ Sales

                                                           = 36,000 ÷ 240,000

                                                           = 0.15 = 15%

4 0
3 years ago
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