The variance analysis cycle<u> C. begins with the preparation of </u><u>performance reports</u><u>.</u>
<h3>What is a performance report?</h3>
A performance report is at the heart of the variance analysis cycle.
The performance report details the following:
- Calculates the difference between actual and budgeted expenditure and revenue.
- Analyzes the differences into various variances, determining if they are favorable or unfavorable or have no effects.
- Investigates the reasons for the differences.
- Puts the information together and reports to management.
Thus, the variance analysis cycle<u> C. begins with the preparation of </u><u>performance reports</u><u>.</u>
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Answer:
the correct answer is Building materials
Explanation:
Architects must consider the availability and cost of Building materials when they plan their projects.
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1.plan that earns tax-deferred interest income and has high risk
d. guarantee universal life
2.plan that builds wealth and pays a death benefit
a. term life
3.plan that covers a family while the person is employed
b. index universal life
4.plan that covers someone for his or her life
c. whole life
Answer:
Absorption costing unit product cost $240
Explanation:
The computation of the absorption costing unit product cost is shown below/;
Direct materials $131
Direct labor $65
Variable manufacturing overhead $12
Fixed manufacturing overhead cost $32 ($118,400 ÷ 3,700)
Absorption costing unit product cost $240
Answer: b. 2,340 units
Explanation:
Break-even sales refers to the amount of sales that would give the company $0 profits.
It can be calculated by the formula;
= Fixed Costs / Contribution Margin
Contribution Margin = Sales - Variable costs
= 42 - (24 - 2)
= $20
Breakeven = 46,800/20
= 2,340 units
