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3 years ago

13

In order to represent a complete household budget in Budget Challenge, many typical day-to-day purchases that could be made with

cash (such as groceries, gas, and clothing) are made using this:
A. savings
B.membership card
C.debit card
D.credit card

2 answers:

In-s [12.5K]3 years ago

5 0

I'm thinking savings or credit.
I'm going with savings though.

Luden [163]3 years ago

3 0

I believe it would be a credit card. Hope it helps! :)

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Answer:

<em>B. Unique selling proposition</em>

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The scenario which is been presented in the question is the example of "Unique selling proposition"

Because in "Unique selling proposition", the companies use a unique method to attract and convince the customers to buy and use the product of the particular company.

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2 years ago

The journal entry to record direct labor used in process costing is a(n): Multiple choice question. increase in assets and an in

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Answer:

Increase In Assets and an increase in liabilities

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3 years ago

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Answer:

Decrease

Explanation:

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3 years ago

On March 1, a business paid $3,840 for a twelve-month liability insurance policy. On April 1, the business entered into a two-ye

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Answer:

a. Insurance expense for the month of march

= ($3,840 / 12 months) * 1 month

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c. Equipment rent expense for the month of April

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3 years ago

he St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% normal production capacity. Production w

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Answer:

$9000 (unfavorable).

Explanation:

Given: Budgeted fixed overhead= $360000.

Actual fixed overhead=$ 360000.

Actual production= 11,700 units.

The variable overhead rate was $3 per hour.

The standard hours for production were 5 hours per unit.

The fixed factory overhead volume variance is difference between actual production volume and budgeted production. It help in measuring the effecient use of fixed resources. It is termed as favourable if actual fixed overhead exceed the budgeted amount, however, it is unfavorable if the actual fixed overhead is less than budgeted amount.

Now, lets calculate the Actual fixed overhead cost.

Actual fixed overhead cost= $\textrm{actual fixed overhead}\times \frac{Actual\ production}{Budgeted\ production}$

∴ Actual fixed overhead cost= $\$ 360000\times \frac{11700}{12000} = \$ 351000.$

Actual fixed overhead cost= $351000.

Next calculating the fixed factory overhead volume variance.

The fixed factory overhead volume variance= $\textrm{Actual fixed overhead cost}-\textrm{budgeted fixed overhead}$

We know, Budgeted fixed overhead= $360000 and Actual fixed overhead cost= $351000

∴ The fixed factory overhead volume variance= $\$351000-\$360000= \$ 9000 (unfavorable)$

The fixed factory overhead volume variance= $9000 (unfavorable)

6 0

3 years ago