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shutvik [7]
3 years ago
11

Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but

its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue $ 44.50 Personnel expenses $ 26,100 $ 12.60 Medical supplies 600 7.20 Occupancy expenses 6,500 2.40 Administrative expenses 3,100 0.10 Total expenses $ 36,300 $ 22.30 Actual results for September: Revenue $ 93,240 Personnel expenses $ 50,754 Medical supplies $ 15,328 Occupancy expenses $ 11,646 Administrative expenses $ 3,394 The revenue variance for September would be closest to:
Business
1 answer:
Vika [28.1K]3 years ago
8 0

Answer:

the revenue variance is $1,990 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance

= Flexible revenue - actual revenue

= (2140 × $44.50)  - $93,240

= $1,990 Unfavorable

hence, the revenue variance is $1,990 unfavorable

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(n) ____________ consists of the marketing intermediaries that transport and store goods as they move through their path from pr
zaharov [31]

Answer:

Channel of distribution

Explanation:

Channel of distribution consists of the marketing intermediaries that transport and store goods as they move through their part from the producer to final user.These channels include the distributors , wholesalers ,retailers and the internet.

The main purpose of the channel of distribution is to connect production to consumption and also to create time , place and possession utilities which constitutes the added value of production.

6 0
3 years ago
Journalize the following sales transactions for Salem Sportswear. Explanations are not required.
elixir [45]

Answer:

Aug. 1

Trade Receivable $69,000 (debit)

Cost of Sales  $38,000 (debit)

Sales Revenue $69,000 (credit)

Inventory  $38,000 (credit)

Aug 5

Sales Revenue  $3,500 (debit)

Inventory  $1 ,750 (debit)

Trade Receivable  $3,500 (credit)

Cost of Sales  $1 ,750 (credit)

Aug 10

Cash $63,535 (debit)

Discount allowed $1,965 (credit)

Trade receivable $65,500 (credit)

Explanation:

Aug 1

Recognize the Cost of Sale and the Assets of Trade Receivables.

Aug 5

De-recognize the Cost of Sales and Assets of Trade receivables to the extent of the goods that were returned.

Aug 10

Recognize the Cash Asset received less the cash discount of 3 % and also recognize the discount allowed expense to the amount of discount allowed.

8 0
3 years ago
Which of the following is a more attractive place to do business? Multiple Choice A nation that lacks democratic institutions A
antiseptic1488 [7]

Answer: A nation with a market-based economic system

Explanation:

Market economies are generally considered the best places to do business because the competitive nature as well as minimal Government interference gives companies the opportunity to make profits if they are efficient enough.

A company that lacks basic democratic institutions will be shunned because the Government can impose unilateral decrees that could be harmful to business and people would be unable to go against them. The same goes for a nation where economic activity is regulated by the state.

And a nation where the rule of law does not take precedence over business could lead to unfair competition so the Market based economy is the best to do business in.

3 0
3 years ago
Journalize the following transactions for Pharoah Company. (If no entry is required, select "No Entry" for the account titles an
alexandr1967 [171]

Answer:

Journalize the following transactions for Pharoah Company.

Explanation:

1.  

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Cash                                  1050

5.  

Retained earnings              440  

dividen Payable                  440

7.  

Cash                            5800  

deferred revenue                 5800

16.  

Cash                             800  

Account receivable           800

33.  

Equipment                    3300  

cash                                    1250

Account  payable                   2050

6 0
3 years ago
Read 2 more answers
The most preferred technique for determining how much life insurance coverage is needed for an individual is:
beks73 [17]

<span>In dermining how much life insurance coverage is needed for an individual , you have to consider first, to determine annual income needs of your family if you were to die today. Because you have to consider any lifestyle changes that might happen after te death and include current expenses such as mortgage, rent, groceries, clothing, utility bills, entainment, travel, transportation and child care. Next, you have to subtract available income from annual income needs. Then, determine the principal needed to generate income to be replaced (annual income to be replaced) devided by (rate of return) = amount of principal needed. Next, Add one-time expenses of your survivors will have to pay including funeral expenses. Lastly you have to subtract one-time gains such as the total amount of money or profit that is made from other life insurance policies, assets from selling a business or other payouts.</span>

5 0
3 years ago
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