Answer:
The correct answer is a decrease in the interest rate
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Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
The term called "Pay yourself first" means a finance strategy which helps to increase and ensure consistent savings and investment.
- The goal of the budgeting strategy called "Pay yourself first" helps to ensure income is first saved or invested before the expenses start to decline the income..
In conclusion, Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
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It is a rate used for discounting bills of exchange
Answer:
a. The cutoff value for investigation if the controller’s rule of thumb is to investigate all variances equal to or greater than 6 percent of standard cost is $2,280.
b.The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
Explanation:
According to the given data, the standard direct-labor cost during each of these months was $38,000, therefore, in order to calculate the cutoff value for investigation, we would have make the following calculation:
Cutoff value for investigation =6% of Standard cost =$38,000 *6% =$2,280
The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
Answer:
B. The loss when x riding mowers are manufactured.
Explanation:
The Left shade of the break-even point on the Cost Volume Profit (CVP) Chart, shows the Loss incurred. This is because the Total Revenue Line is below the Total Cost Line(Fixed Costs + Variable Cost). So any number of units manufactured in this area provides a loss.
