Business, 19.05.2020 16:23 Heavenleigh302
The $513,000 budgeted total expenses include $350,000 variable expenses and $163,000 fixed expenses. Actual expenses include $153,000 fixed expenses. Fixed Budget Actual Results Variances Sales (in units) 7,000 5,900 Sales (in dollars) $ 560,000 $ 525,100 $ 34,900 U Total expenses 513,000 478,000 35,000 F Income from operations $ 47,000 $ 47,100 $ 100 U Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round your intermediate calculations. Round your final answers to whole dollars.)
Answers: 2
Business, 21.06.2019 14:30
Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:
Answers: 1
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
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The $513,000 budgeted total expenses include $350,000 variable expenses and $163,000 fixed expenses....
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