The fundamental differences between static and flexible budgets<span> are that a </span>static budget<span> does not change as volume changes whereas a </span>flexible budget changes line values to reflect the level of activity.<span> In a </span>flexible budget<span> the percentage remains the same while the values change to reflect changes in output.</span>
Answer: See explanation
Explanation:
The effect of these transactions on the total amount of the seller's
(1) assets will be:
= Sales - (Aquisition value + Balance Owed)
= $660,000 - ($500,000 + $300,000)
= $660,000 - $800,000
= -$140,000
Decreased $140,000
2. Liabilities: Decreased by $300,000. This is because the seller paid the $300,000 owed.
3. Stock holder's Equity will be gotten by subtracting the acqusition value from the sales value. This will be:
= $660,000 - $500,000
= $160,000.
Increased by $160,000
1,200 Gallons.
Economic ordering quantity (EOQ) is the most cost efficient amount to order that minimizes both carrying and order costs. The formula is
1,200 gallons
This is true for example if someone stops paying their mortgage the bank takes their house even though the people have been paying money <span />
Answer:
total fixed costs are decreasing as more toys are produced.
Explanation:
Costs are classified as<em> variable</em> or <em>fixed</em> based on their<u> relationship</u> with the <em>level of activity</em>.
At any given level of activity, <em>variable unit costs</em> are constant. However, the <em>unit fixed costs</em> decrease as more units are produced.