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Tcecarenko [31]
3 years ago
14

g Corporation's cost formula for its bungalow operating cost is $2,960 per month plus $326 per day. For the month of December, t

he company planned for activity of 20 days, but the actual level of activity was 18 days. (ID#17794) The actual bungalow operating cost for the month was $9,770. Q) What would be the spending variance for Blonok985's bungalow operating cost in December (closest to)?
Business
1 answer:
Advocard [28]3 years ago
5 0

Answer: $942 U

Explanation:

Budgeted cost was $2,960 per month plus $326 per day and there were 18 days of actual activity.

Budgeted cost = 2,960 + 326 * 18

= $‭8,828‬

Variance = Budgeted cost - Actual cost

= ‭8,828‬ - 9,770

= -$942

Budgeted cost is less than Actual cost which means the Variance is UNFAVORABLE.

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MissTica

Answer:

That statement is true.

Explanation:

"Key areas" of the business refers to business activities that directly related in core business operation. These activities are the one with most influence in determining how much products the companies able to sell to the consumers.

Internal weakness in SWOT analysis refers to  consist of the things from within the company that can create some sort of damage to the company's operation if not taken care of.

Leaving internal weakness unfixed with heavily damage the productivity of company. Not only that, it could also damage the market's perception toward the company. When the customers have completely lost faith in the quality of company's product, there is almost nothing the company can do to fix it.

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3 years ago
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sladkih [1.3K]

Answer:

A business owner pays for rent and equipment at their office ⇒ FIXED COSTs since the amount of rent paid should be the same year after year

An airline considers the costs of serving food and beverages to its passengers ⇒ VARIABLE COSTS since the cost of serving food will increase as the number of passengers increase, or will decrease if the number of passengers decrease

A company considers the costs it pays to its employees ⇒ VARIABLE COSTS since the number of employee can vary and the number of hours worked can also vary

A clothing manufacturer buys new machines for its factory ⇒ FIXED COSTS since the machines are depreciated at a predetermined rate that doesn't depend on the factory's output

8 0
2 years ago
Ace Hauling, Inc., has been transporting industrial tailings for companies around the Minneapolis/St. Paul area for the past dec
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Answer: The correct answer is "b. Ace has done nothing to change its CERCLA liability."

Explanation: CERCLA is the Comprehensive Environmental Response, Compensation and Responsibility Act and was designed to promote cleaning, maintenance and protection of the environment against hazardous waste.

Those responsible for releasing dangerous substances are identified to take care of their cleaning through the superfunds, therefore by creating the new corporation and transferring the assets: Ace has done nothing to change its CERCLA liability.

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An efficient market is one where all information is available to every market participant. This means that one cannot use information from one period to make abnormal profits in another period because all information is available. The Correlation Coefficient will therefore show 0 because information from the previous period is not being used in another period meaning there is no relationship between stock returns.

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