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Lady bird [3.3K]
3 years ago
10

Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual

sales and sales commissions totaled 27,500 units and $171,400, respectively. If the company used a flexible budget for performance evaluations, Strongheart would report a cost variance of: Multiple Choice $6,400F. $9,400F. None of the answers is correct. $9,400U. $6,400U.
Business
1 answer:
Ivan3 years ago
3 0

Answer:

Flexible budget cost variance= $6,400 unfavorable

Explanation:

<u>To calculate the flexible budget cost variance, we need to use the following formula:</u>

Flexible budget cost variance= (standard costs*actual quantity) - actual costs

Flexible budget cost variance= (6*27,500) - 171,400

Flexible budget cost variance= 165,000 - 171,400

Flexible budget cost variance= $6,400 unfavorable

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Answer:

Tolerance

Explanation:

Risk tolerance: It is defined as level of risk that an organization is willing to take for completing any specific task. Evaluating the risk in the trade off between perfect security and unlimited accessibility as risk of security breach is still there instead of perfect security as there is unlimited accessibility, however, how much risk can be tolerated or accepted need to be evaluated and can be mitigated.

There are different technique been used to minimize the risk factors are:

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2 years ago
The Cozy Chair Company believes it can sell 200 chairs at $200 per chair, or 300 chairs at $150 per chair. Using the midpoint fo
rusak2 [61]

Answer:

1.4

Explanation:

Given that

Q1 = 200

P1 = $200

Q2 = 300

P2 = $ 150

Recall that

Midpoint formula = Q2 - Q1/(Q2 + Q1)/2 ÷ P2 - P1/(P2 + P1)/2

= 300 - 200/(300 + 200)/2 ÷ 150 - 200/(150 + 200)/2

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= 0.4 ÷ 0.285

= 1.4

4 0
3 years ago
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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,638. The
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Answer:

Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax

Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94

Explanation:

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3 years ago
Assume Metro Corporation had a net income of $ 2,200 for the year ending December 2018. Its beginning and ending total assets we
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Answer:

The return on assets is 8.4%

Explanation:

In order to calculate the return on assets we will first need to find the average total assets. We will do this by adding the beginning and ending total assets and dividing it by 2.

Average total assets= (31,500+20,500)/2= 26.000

Now in order to find the return on assets we will divide the net income by the average total assets.

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3 years ago
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