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Vika [28.1K]
3 years ago
14

The following information is available for the Gabriel Products Company for the month of July: Static Budget Actual Units 5,000

5,100 Sales revenue $60,000 $58,650 Variable manufacturing costs $15,000 $16,320 Fixed manufacturing costs $18,000 $17,000 Variable marketing and administrative expense $10,000 $10,500 Fixed marketing and administrative expense $12,000 $11,000 The total sales-volume variance for operating income for the month of July would be Group of answer choices $700 favorable $2,550 unfavorable $100 favorable $1,350 unfavorable
Business
1 answer:
adoni [48]3 years ago
5 0

Answer: $700 Favorable

Explanation:

Total sales-volume variance = (Actual units - Static budget units) * (Contribution margin per unit of Static budget)

Contribution margin per unit of Static budget = ( Sales - Variable manufacturing costs - Variable marketing and administrative expenses) / Static units  

= (60,000 - 15,000 - 10,000) / 5,000    

= $7 per unit

Sales-volume variance = (5,100 - 5,000) * 7

= $700 Favorable

Actual sales are higher than budgeted sales so this is FAVORABLE.

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In ________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
belka [17]

Answer:

Multi-level marketing.

Explanation:

A business organization that is run with multi-level marketing strategy typically has 3 sources of income:

- The amount of money that each person have to pay in order to gain the membership status.

- The amount of money that memberships owners have to pay to be a distributor of their product

- The amount of money that they get from the sales of their product.

Most multi-level marketing companies will provide their members with some sort of 'Reward' if they managed to convert other people into purchasing memberships to organization. So, the more their members convert other people, the more wealthy that members will be. This will create a hierarchy like within an organization where the members who bring the most memberships place at the top of the hierarchy.  

5 0
3 years ago
The benefits for employees who develop high-quality leader-member relationships include preferential treatment, increased job-re
GaryK [48]

Answer:

True

Explanation:

  • A good relationship between a leader and his/her employees will boost up the confidence among them. Moreover, the communication gap which exist otherwise, will no longer be found.
  • Employees would be comfortable in giving feedback and would not lie for the sake of job, and they would even be able to share their problems with supervisors with less awkwardness.
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4 0
3 years ago
Jebali Corporation, a calendar year taxpayer utilizing the completed contract method of accounting, constructed a building for S
melamori03 [73]

Answer:

Jabeli must include = $2,220,000

Explanation:

As per the data given in the question,

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So, Jabeli should include $2,220,000 in gross income and Jabeli is allowed to deduct $2,100,000 in 2019

In completed contact method of accounting :

Till the contract is completed and accepted, no revenue from the contract is recognized

In this case the purchaser may desire additional work to be done on a long term contract.

The regulations do not provide any amount of income(or loss) until the dispute is resolved.

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bagirrra123 [75]

Answer:

Explanation:

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