1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Feliz [49]
3 years ago
11

Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For the month of March, the company

planned for activity of 632 frames, but the actual level of activity was 639 frames. The actual supplies cost for the month was $9,340. The activity variance for supplies cost in March would be closest to:
Business
1 answer:
Brut [27]3 years ago
4 0

Answer:

Total variance= 391 unfavorable

Explanation:

Giving the following information:

Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For March, the company planned for activity of 632 frames, but the actual level of activity was 639 frames. The actual supplies cost for the month was $9,340.

Estimated= 1,920 + 639*11= 8,949

Real= 9,340

Total variance= real - estimated

Total variance= 9,340 - 8,949= 391 unfavorable

You might be interested in
In case of an emergency, once you or someone already on the scene has contacted 9-1-1, the next thing to do is: A) Move them to
Lostsunrise [7]
D check for a heartbeat
4 0
2 years ago
Activities of a central motor pool that provides and services vehicles for the use of municipal employees on official business s
Neko [114]

Answer:

c. Internal Service Fund

Explanation:

Internal Service Fund -

It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .

The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .

For example , maintenance is an example of the internal service fund .

Hence , from the given information of the question ,

The correct answer is c. Internal Service Fund .

4 0
3 years ago
Find the APR or stated rate in each of the following cases and show calculations:<?xml:namespace prefix = o ns = "urn:schemas
hram777 [196]

Answer and Explanation:

The computation is shown below:

The formula is

APR = P × {(EAR + 1 )^(1 ÷ P) - 1}

1. For semi annually

= 2 × (0.106 + 1)^(1 ÷ 2) - 1}

= 10.33%

2. For monthly

= 12 × (0.115 + 1)^(1 ÷ 12) - 1}

= 10.93%

3. For weekly

= 52 × (0.092 + 1)^(1 ÷ 52) - 1}

= 8.81%

4. For infinite

= 365 × (0.129 + 1)^(1 ÷ 365) - 1}

= 12.10%

8 0
3 years ago
Accounting systems that use standards for product costs are called budgeted cost systems. True False
Yuri [45]

Answer:

False.

Explanation:

Accounting systems that use standards for product costs are standard cost systems.

In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.

Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.

7 0
3 years ago
In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. T
Olin [163]

individuals that have special voting rights owns a special class of stock called classified stock.

The classified stock refers to class of common stock that comes with special privileges like dividend rights or enhanced voting rights.

Usually, these stock are issued/owned by individual that started or co-start the business.

The classified stock is used to ensure the company's founders maintain its control over the establish company even without owning the majority of the common stock.

Therefore, the individuals that have special voting rights owns a special class of stock called the classified stock.

Read more about classified stock:

<em>brainly.com/question/23881482</em>

6 0
3 years ago
Other questions:
  • Taxpayer Y paid local real property taxes of $4,500 and state income tax of $5,500 in 2018. Y claimed a total of $14,000 in item
    15·1 answer
  • Wimpy Inc. produces and sells a single product. The selling price of the product is $185.00 per unit and its variable cost is $5
    13·1 answer
  • Because __________ often provide little benefit to consumers, governments have, at times, been asked to rebalance markets and re
    8·1 answer
  • CA15-2 (Issuance of Stock for Land) Martin Corporation is planning to issue 3,000 shares of its own $10 par value common stock f
    15·1 answer
  • From this cartoon you can infer that the cartoonist:______. A) believes that England and Japan will soon be at war. B) opposes U
    8·1 answer
  • Pearson Motors has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity
    10·1 answer
  • Carl represents a marketing channel intermediary company and gets paid a commission for finding business buyers and linking them
    7·1 answer
  • LinkedIn is an example of a(n).<br> app?
    8·1 answer
  • quizlet Governments implement Blank______ trade policies that are designed to make it difficult for imports to enter a country.M
    12·1 answer
  • ethan needs to assign his team members the following tasks. one of the team members, gail, is an extrovert. which task is most a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!