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3 years ago

Before you move forward, summarize the changes you will need to make to your new budget.

Business

2 answers:

Neko [114]3 years ago

8 0

Answer:

The effect of price change in the raw material needs to be adjusted.

The one off event which is penalty due to custom clearance delay needs to incorporated.

Explanation:

The budget is the initial planning of the cash flows of the company. The budget is made on forecasted figures. The one off events which is penalty fee of custom needs to be adjusted. The inflation effect in the prices of raw material is adjusted before the finalized budget is presented to the management.

Andreas93 [3]3 years ago

4 0

Answer:

Sample Response: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.

Explanation:

sample on edg 2021

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Cox Engineering performs cement core tests in its laboratory. The following standards have been set for each core test performed

Harrizon [31]

Answer: See explanation

Explanation:

(a) The materials price variance for March is:

Actual cost of materials purchased = $7310

Less: Standard cost of actual quantity = 0.75 × $8600 = ($6450)

Direct material price variance = $860 Unfavorable

(b) The materials quantity variance for March is:

Standard cost of actual quantity = 0.75 × $7200 = $5400

Less: Standard cost of standard quantity = 3 × 2000 × $0.75 = $4500

Direct material quantity variance = $900 Unfavorable

Actual cost of direct labor = $8610

Less: Standard cost of actual hours = 840 × $12 = $10080

Direct labor rate variance = $1470 favorable

(d) The labor efficiency variance for March is:

Standard cost of actual hours = 840 × $12 = $10080

Less: Standard cost of standard hours = 2000 × 0.4 × $0.12 = $9600

Direct labor efficiency variance = $480 Unfavorable

8 0

3 years ago

A ________ is a time deposit that the depositor agrees to keep in a bank for a specified time.

soldi70 [24.7K]

A CD is a time deposit that the depositor agrees to keep in a bank for a specified time. The answer is C. :)

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3 years ago

Flipco signed a 10-year note payable on January 1, 2018, of $ 800, 000. The note requires annual principal payments each Dece

kirill115 [55]

Answer:

A. a debit to Interest Expense for $ 36, 000

Explanation:

Based on the information given we were told that Flipco has note payable on January 1, 2018, of the amount of $800,000 and on December 31 we were told that the loan requires annual principal payments of the amount of $80,000 in addition with 5% interest. This means that the Journal entry to record the transaction on December 31, 2019 will includes a Debit to interest expense for $36,000 calculated as :

Interest expense= $800,000-$80,000

Interest expense=( $720,000* 5%* 12/12)

Interest expense =$36,000

Therefore the Journal entry to record the annual payment on December 31, 2019 will includes :

A Debit to interest expense for $36,000

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3 years ago

Describing Work Activities for Financial Analysts Click this link to view O*NET’s Work Activities section for Financial Analysts

jeka94

Answer:

the answer is a,b,c,e

Explanation:

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3 years ago

Read 2 more answers

I NEED HELP ASAP!!!!

Gelneren [198K]

Answer:

Do that thing with the rope where each kid holds on to a section and that way they are separated and not pushing. you could even make it fun like pretend they are a snake and serpentine.

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3 years ago