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nirvana33 [79]
2 years ago
8

Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual

sales and sales commissions totaled 27,500 units and $171,400, respectively. If the company used a flexible budget for performance evaluations, Strongheart would report a cost variance of: Multiple Choice $6,400U. $6,400F. $9,400U. None of the answers is correct. $9,400F.
Business
1 answer:
frozen [14]2 years ago
7 0

Answer:

$6,400 U

Explanation:

With regards to the above information, we would calculate first the earned value.

Earned value

= Actual activity × Budgeted value

= $27,500 × 6

= $165,000

Now, we would compute the cost variance.

Cost variance

= Earned value - Actual blue

= $165,000 - $171,400

= $6,400 U

Here, we have an unfavourable variance because the company incurred more of the cost than it should be .

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If a firm borrows ​$8 comma 000 from households at an annual interest rate of 6 ​percent, how much will the firm pay in interest
laila [671]

Answer:

The firm will pay 480 dollars each year as interest payment.

Explanation:

The interest amount is calculated by multiplying the rate of interest with the amount borrowed. In problem loan is 8,000 dollars and rate of interest is 6%, so the interest amount will be calculated as follow

Interest payment = 8,000 * 6% = 480 dollars

8 0
3 years ago
You design HR management and payroll software. At a recent networking event, you met the HR manger at a small local accounting f
ratelena [41]
I believe it is formal
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If the required direct materials purchases are 24,000 pounds, the direct materials required for production is three times the di
ch4aika [34]

Begging direct material

24,000×3.5=84,000

Add material purchase

24000

Less material used for production

24,000×3=72000

Desired ending direct material

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=36,000....answer


Hope it helps!

8 0
3 years ago
Financial accounting and reporting standards in the United States are established primarily by the:
GREYUIT [131]

Answer:

Financial Accounting standards Board (FASB)

Explanation:

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3 0
2 years ago
The Get-There-Safe Bus company incurs an average cost of $45 for each passenger it carries on its trip from Atlanta to Chattanoo
algol [13]

Answer:

a. charged any ticket price above $0 for the four remaining seats

Explanation:

Marginal cost refers to the extra expense incurred by a business in producing as an additional unit. For a business to be profitable, its marginal cost should be equal or greater than the marginal revenue.

The Get-There-Safe Bus company has a marginal cost of zero or an additional passenger. It means the cost associated with selling one more passenger ticket is zero.  For the bus company to be profitable, it must sell an extra ticket at a price greater than the marginal cost. Therefore, a price greater than zero will result in profit.

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3 years ago
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