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Angelina_Jolie [31]
3 years ago
9

Korsak Corporation is a service company that measures its output by the number of customers served. The company has provided the

following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Customer Served Revenue $ 5,500 Employee salaries and wages $ 43,700 $ 1,100 Travel expenses $ 500 Other expenses $ 43,200 The planning budget for October was based on serving 23 customers, but a total of 19 customers were actually served during October. The activity variance for revenue for October would have been closest to:
Business
1 answer:
Georgia [21]3 years ago
7 0

Answer:

$22,000F

Explanation:

Calculation to determine what The activity variance for revenue for October would have been closest to:

Activity variance for revenue= (5,500*19) - (5,500*23)

Activity variance for revenue=$104,500-$126,500

Activity variance for travel expense =$ 22000 F

Therefore The activity variance for revenue for October would have been closest to:$22,000 F

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4 0
2 years ago
The real interest rate tells you Question 31 options: how fast the number of dollars in your bank account rises over time. how f
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The real interest rate tells you how fast the purchasing power of your bank account rises over time.

<h3>What is meant by the real interest rate?</h3>
  • When a borrower pays back a loan with interest, the lender obtains a gain in purchasing power that is expressed as a percentage.
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<h3>What is real and nominal interest rate?</h3>
  • The real rate of a bond or loan is determined by adjusting a real interest rate to account for the impacts of inflation.
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<h3>Why real interest rate is important?</h3>
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5 0
2 years ago
A company receives payment from one of his customers on August 5 for service performed on July 21. Which of the following entrie
Anettt [7]

Answer:

b) cash 1000

account receivable 1000

Explanation:

Since in the question it is given that the company received payment from one of his customers on August 5 for the service performed on July 21

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While debiting the cash and credited the account receivable

4 0
3 years ago
Jan sold her house on December 31 and took a $35,000 mortgage as part of the payment. The 10-year mortgage has a 8% nominal inte
slamgirl [31]

Answer:

attached below

Explanation:

7 0
3 years ago
In 2016, the population of the United States was approximately 325 million people, with an annual growth rate of approximately 0
Tpy6a [65]

Answer:

The population would be 1318 million

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Acording to the formula

<h2>Nt =Noe^{T * r}</h2>

Nt = population size in generation t

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e= number e

T= number o years

r = rate

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3 years ago
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