Business, 06.05.2020 06:15 farashka03
Arrasmith Corporation uses customers served as its measure of activity. During February, the company budgeted for 35,800 customers, but actually served 29,200 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:
Revenue: $4.30q
Wages and salaries: $34,000 + $1.34q
Supplies: $0.74q
Insurance: $11,200
Miscellaneous expenses: $7,200 + $0.38q
The company reported the following actual results for February:
Revenue $ 135,800
Wages and salaries $ 68,800
Supplies $ 15,200
Insurance $ 11,200
Miscellaneous expense $ 21,700
Required:
Prepare the company's flexible budget performance report for February. Label each variance as favorable (F) or unfavorable (U).
Answers: 3
Business, 21.06.2019 21:40
The economic advisor of a large tire store proposes the demand function d(p)equalsstartfraction 1900 over p minus 40 endfraction , where d(p) is the number of tires of one brand and size that can be sold in one day at price p. answer parts (a) through (e) below. a. recalling that the demand must be positive, what is the domain of this function? the domain consists of all possible values of ▼ for which ▼ p d(p) ▼ does not exist. is positive. is zero. is negative. exists.
Answers: 3
Business, 22.06.2019 20:00
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
Business, 22.06.2019 23:30
What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.
Answers: 1
Business, 23.06.2019 03:00
To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? select three options. what can go wrong? what are the alternatives? how will it affect my status in society? what is the likely return? is the risk worth the return?
Answers: 2
Arrasmith Corporation uses customers served as its measure of activity. During February, the company...
Physics, 20.04.2021 21:00
Mathematics, 20.04.2021 21:00
SAT, 20.04.2021 21:00
Mathematics, 20.04.2021 21:00
History, 20.04.2021 21:00
History, 20.04.2021 21:00
History, 20.04.2021 21:00
Mathematics, 20.04.2021 21:00
Advanced Placement (AP), 20.04.2021 21:00
Chemistry, 20.04.2021 21:00