Requirement 1: Performance Report
Actual Flexible Budget Sales-Volume Static Budget
Results (3,400 units) Variances Variances
Units sold 3,400
Revenues $365,200 $365,200 $375,500 $10,300 Favorable
Variable costs $292,400 $272,000 $20,400 Unfavorable $280,000 $12,400 Unfavorable
Contribution
margin $72,800 $93,200 $20,400 Favorable $95,500 $22,700 Favorable
Fixed costs $48,500 $52,500 ($4,000) Unfavorable $52,500 ($4,000) Unfavorable
Operating
income $24,300 $40,700 $16,400 Favorable $43,000 $18,700 Favorable
Requirement 2: Comment on the results in Requirement 1
In Requirement 1, we observe that the actual results for August 2020 were slightly lower than the budgeted units sold, resulting in a favorable sales-volume variance of $10,300. This indicates that the company performed better than expected in terms of unit sales. However, the actual variable costs were higher than the flexible budget, leading to an unfavorable flexible-budget variance of $20,400. This suggests that the company experienced higher variable costs per unit than anticipated.
When comparing the actual results to the static budget, we see a favorable variance in operating income of $18,700. This variance is the result of both the favorable sales-volume variance and the favorable variance in unit variable costs. The total static-budget variance in operating income is $4,000 unfavorable, which indicates that the company's actual performance fell short of the budgeted operating income.
Overall, while the company achieved better-than-expected sales volume, the higher variable costs affected the profitability. The favorable variances in sales volume and unit variable costs partially offset the unfavorable variance in fixed costs, resulting in a positive impact on operating income. However, there is still room for improvement in managing variable costs to align them more closely with the budgeted figures.
Learn more about Variable costs here:
https://brainly.com/question/14280030
#SPJ11
How can an employer prevent their employees from being exposed to hazardous substances?
An employer prevent their employees from being exposed to hazardous substances using control equipment and controlling procedures.
Workers should have access to eating and break areas that are apart from their work locations in order to reduce the danger of ingesting hazards and to foster a more pleasurable working environment. Work with the union and the firm to ensure that the presence of hazardous chemicals is consistently monitored at the workplace. Each business that handles hazardous materials is distinctive. Their use of chemicals, the reasons behind it, the number of people who handle it, and the resources available to them to reduce the hazards associated with chemical usage are all different.
utilizes or dons the tools, safety gear, or uniforms that the employer of the worker requires. works in accordance with the Act's and any requirements under it that relate to their company's protective equipment, methods, and processes.
Learn more about Controlling hazards at
https://brainly.com/question/20971406?referrer=searchResults
#SPJ4
anybody wanna be friends
Answer:
Meeeeeeeee
Explanation:
Also I’m bored
Answer:
I'll be ur friend, thx for the free points, stay safe, and have a great day/night!
You are looking at a sales report from last month. You notice one metric is much lower than expected, so you click on that metric to get more details from last month. Being able to get additional information on the underlying details of a value is an example of using the ______ _______ feature of the sales report dashboard.
Being able to get additional information on the underlying details of a value is an example of using the drill-down feature of the sales report dashboard.
Drilldown: What is it?Business intelligence has two incredibly powerful features: drill down and drill through analysis. Although they do so in various ways, they both allow the user to view data and information in greater detail. By using the drill-down feature, the user can quickly switch from a more broad view of the data to a more focused one.
For instance, a drill-down report that displays sales revenue by state may allow the user to click on a state, select it, and view sales revenue by county or city inside that state. Drill down is a feature that enables users to delve deeper into more focused layers of the data or information being analyzed, hence the name.
Learn more about drill down with the help of the given link:
brainly.com/question/13266014
#SPJ4
Which are guidelines for using Themes?
Check all that apply.
A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
D. Be consistent with themes across worksheets and workbooks.
E. Applying a new theme will only change cells in a workbook that have no other formatting applied.
Answer:
I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks
Statements that explains the guidelines when using a Theme are: A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
WordPress theme can be regarded as a group of files, these file can contains graphics, style sheets as well as code, which will give overall appearance of a blog or website.In using this, we can follow some guidelines such as; making use of more than a cell can help in differentiatiation of different types of data, default themes cannot be customized, and the selection of fonts should be made carefully.Therefore, option, ABC are correct.
Learn more at:
https://brainly.com/question/19789868?referrer=searchResults
who wants brainlest i think i spelled it right
Answer:
ill take it lol but whats the catch??
Explanation:
Answer:
I dooooooooo plzzzzzzzzzzz!!!!!!1
Explanation:
Brainliest...
List 5 common sections that are included in a résumé.
Answer: Contact Information
Accomplishments/Achievements
Education
Work Experience
Career Narrative
Explanation:
Answer:
Contact Information
Accomplishments/Achievements
Education
Work Experience
Career Narrative
Explanation:
at what level of investment ownership is significant influence often presumed?
Significant influence is often presumed when an entity or individual holds more than 20% but less than 51% of the investment in another entity.
Significant influence enables the entity to make operating and financial decisions for the other entity. The entity may lack total control since the ownership is not above 50%, but the entity can significantly influence corporate decisions.Some entities may exert significant influence with investment ownership that is less than 20%.
Under International Financial Reporting Standards, investors with significant influence account for their investments in the investee using the equity method.
Thus, significant influence is often presumed once an investor owns 20% or more of an investee.
Read more: https://brainly.com/question/24197318
Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to travel to small cities at half the price of Delta Airlines flights. Which factor of production is Mario?
A . Entrepreneurship
B . Labor
C . Capital
D . Land
Answer:
B . Labor
Explanation:
Labor refers to human efforts or contribution to the production process. Human beings provide skills, knowledge, experience, energy, and time in making products or in the provisions of services. Human beings are compensated with salaries, wages, and other benefits in exchange for labor.
Marion will be employed as a pilot. Meagan requires the skills of a person to offer services to customers. Mario will be providing labor services.
define the sources of economic growth and give an example of each of the sources of growth.
There are several sources of economic growth, which include technological progress, capital accumulation, labor force expansion, and natural resource endowment.
Technological progress refers to the development of new or improved products, services, or processes that enhance productivity and efficiency. An example of technological progress is the invention of the internet, which has revolutionized communication and enabled the growth of e-commerce.
Capital accumulation involves the accumulation of physical and financial capital, such as buildings, machines, and financial investments, that can be used to increase production and output. An example of capital accumulation is the construction of new factories, which can expand the production capacity of an economy.
Labor force expansion refers to the increase in the size and skills of the workforce, which can boost productivity and output. An example of labor force expansion is the increase in immigration, which can bring in new skills and talents that can contribute to economic growth.
Finally, natural resource endowment refers to the availability and accessibility of natural resources, such as minerals, oil, and gas, that can be extracted and used to generate income and economic growth. An example of natural resource endowment is the oil-rich economies of the Middle East, which have benefited from the exploitation of their abundant oil reserves.
In summary, these are the four main sources of economic growth, each with their own examples of how they can contribute to the growth of an economy.
Learn more about Capital accumulation: https://brainly.com/question/30623029
#SPJ11
Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.
To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.
In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).
learn more about:- Internal Rate of Return here
https://brainly.com/question/31870995
#SPJ11
Millions of software programs have been created and have helped to improve the economy. This is an
example of______.
new technology
self-confidence
demand for products
taxes
new business
Answer:
Millions of software programs have been created and have helped to improve the economy. This is an
example of___new technology___.
(d) State how the double entry would be completed for the items recorded in the ledger accounts
column of the petty cash book.
The general ledger's expense account is debited for the sum of each expense column.
How does a general ledger work?An organization employs a general ledger, which is a group of numbered accounts, to record its financial activities and generate financial reports. A unique record detailing a particular kind of asset, risk, equity, revenue, or expense makes up each account.
Which five categories of accounts for general ledgers are there?Accounts receivable, a commodity account, represents money owed to your business. Accounts payable refers to money that your business owes to creditors for expenses. Cash: Easily convertible assets held by your company, such as accounts and owner' equity.
To know more about general legder visit:
https://brainly.com/question/17201999
#SPJ1
kindly assist with research
my topic
The newly implemented e-payslip is not inclusive to all employees of the government.
what is the problem?
why is it the problem?
3 things that should be done to solve the problem?
The problem in the topic is the newly implemented e-payslip is not inclusive to all employees of the government. The reason why this is a problem is because it can cause dissatisfaction and confusion among employees who do not have access to the e-payslip.
Also, the e-payslip system may not be accessible or user-friendly for all employees who are supposed to use it.
Here are three things that should be done to solve the problem:
1. Conduct research: Research should be conducted to find out which employees are not included in the e-payslip system and why. This can help identify any technical or logistical problems that may be preventing some employees from using the system.
2. Increase accessibility: Steps should be taken to increase the accessibility of the e-payslip system so that all employees can use it. This may involve providing training and support to employees who are not familiar with using digital systems.
3.Improve communication:
Clear communication should be provided to all employees about the e-payslip system, including how to access it, how to use it, and how it benefits them. This can help address any confusion or dissatisfaction among employees who are not currently using the system.
To know more about e-payslip please check the following link
https://brainly.com/question/2838983
#SPJ11
give the two main Problem statements often have three elements:
Answer:
what subject is this for
Explanation:
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUFirms that implement a strategy of _____ operate multiple businesses that are not logically associated with one another.
a. unrelated diversification
b. nondiversification
c. single-business unit
d. synergy
e. entropy
Firms that implement a strategy of unrelated diversification operate multiple businesses that are not logically associated with one another. Option A is correct answer.
Unrelated diversification. Firms that implement a strategy of unrelated diversification operate multiple businesses that are not logically associated with one another. Unrelated diversification is a corporate-level strategy in which a company operates in several different industries that are not related to one another. The corporation is still in the position of owning all of its assets and resources while operating in various sectors. An unrelated diversification strategy is used by businesses to expand their income stream by investing in unrelated markets or businesses. An example is a company that produces both coffee and bicycles.
Option A is correct answer.
For more question unrelated diversification
https://brainly.com/question/28099028
#SPJ8
The top five cities where venture capitalists are investing their money represent 10% of the global total.
True
False
it is false statement that the top five cities where venture capitalists are investing their money represent 10% of the global total.
What is a Venture capital?
This refers to the managerial expertise provided by investors to startup firms with long-term growth potential.
However, it is false that the top five cities where venture capitalists are investing their money represent 10% of the global total.
Therefore, the statement is a false statement.
Read more about Venture capital
brainly.com/question/18776651
#SPJ1
Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted selling price per unit is $70. Budgeted unit sales for June, July, August, and September are 8,200, 13,000, 15,000, and 16,000 units, respectively. All sales are on credit. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month. The ending finished goods inventory equals 20% of the following month’s unit sales. The ending raw materials inventory equals 10% of the following month’s raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.50 per pound. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month. The direct labor wage rate is $14 per hour. Each unit of finished goods requires two direct labor-hours. The variable selling and administrative expense per unit sold is $1.40. The fixed selling and administrative expense per month is $63,000. 5. If 76,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?
was created to protect current homeowners and provide incentives for new homeowners. deepened previous government practices. helped very few americans get new homes. was created to protect loaning banks and landlords. failed to address the needs of families wanting to buy homes.
In order to help homeowners who were in danger of losing their homes to foreclosure, the Home Owner's Loan Corporation (HOLC) was established in 1933.
The National Housing Act of 1934 was based on a comprehensive housing plan created by the HOLC.In order to promote the building of new homes and the renovation of old ones, this law established the Federal Housing Administration (FHA), which insures banks, mortgage firms, and other lenders.
FDR hoped that the law would increase employment in the construction sector as well.The 1934 National Housing Act and the FHA provided for the housing needs of current homeowners and those Americans who could afford to buy a home, but they did little to help the poor, especially many African-Americans who lived in slums.
Learn more about home loans:
https://brainly.com/question/29374725
#SPJ4
WHICH OF THESE INDIVIDUALS IS AN ENTREPRENEUR?????????
A. A farmer who sells his crops in many different countries
B. A banker who is in charge of hundreds of accounts
C. An engineer who gets a mortgage to buy a new house
D. A chef who decides to open her own restaurant
WILL GIVE BRAINLIST
Answer:
The answer is C. Because it brings more profitability to his businessProblem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs
the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.
WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours
learn more about company here:
brainly.com/question/30532251
#SPJ11
If real GDP exceeded potential real GDP and inflation was increasing, which of the following would be an appropriate fiscal policy? an increase in taxes an increase in government spending sell treasury bonds
If real GDP exceeded potential real GDP and inflation Taxes was increasing, an appropriate fiscal policy would be to decrease government spending or increase taxes. These measures are aimed at reducing aggregate demand in the economy.
This fiscal policy measure involves raising taxes on individuals and/or businesses. By increasing taxes, people have less disposable income to spend, which can reduce aggregate demand and help control inflation considered a direct fiscal policy measure to address inflation.
When the government sells treasury bonds, it is essentially borrowing money from the public or financial institutions. This action can influence interest rates and monetary policy but is not directly related to fiscal policy measures to address inflation. It's worth noting that the specific policy actions taken would depend on the prevailing economic conditions, the magnitude of inflationary pressures, and other factors. Fiscal policy decisions should be based on a comprehensive analysis of the economic situation and long-term goals.
To know more about Taxes visit:
https://brainly.com/question/32646297
#SPJ11
Tammy, a resident of Virginia, is considering purchasing a North Carolina bond that yields 4.6% before tax. She is in the 35% Federal marginal tax bracket and the 5% state marginal tax bracket. She is aware that the State of Virginia bonds of comparable risk are yielding 4.5%. However, the Virginia bonds are exempt from Virginia tax, but the North Carolina bond interest is taxable in Virginia. Which of the two options will provide the greater after-tax return to Tammy? Tammy can deduct any state taxes paid on her Federal income tax return.
Let us consider a computer that has a byte-addressable memory organized in 32-bit words according to the big-endian scheme. A program reads ASCII characters entered at a keyboard and stores them in successive byte locations, starting at location 1000. Show the contents of the two memory words at locations 1000 and 1004 after the word "BuckeyesColumbus" has been entered. Give the contents for the two words irn hexadecimal. Repeat the problem for the little-endian scheme. (l6pts, 4pts each)
In a byte-addressable memory, a single byte may be accessed and modified. In a 32-bit word with big-endian organization, the most significant byte of a word is stored at the lowest address.
BuckeyesColumbus should be stored in memory according to the following addresses:
1000 B u c k e y e s C o l u m b u s 0101 0010 0111 0110 0010 0111 0101 1011 0110 1101 0111 0011 0010 0110 1100 0111 0110 1110
In big-endian, the 32-bit word at location 1000 should contain the ASCII values for Buck, or 0x4275636B. The 32-bit word at location 1004 should contain the ASCII values for eyes, or 0x65796573.1000: 0x42 0x75 0x63 0x6B 1004: 0x65 0x79 0x65 0x73In a 32-bit word with little-endian organization, the least significant byte of a word is stored at the lowest address.
1000 B u c k e y e s C o l u m b u s 1110 0111 0110 1100 0110 0010 0111 0101 1011 0101 1101 0111 0010 0011 0110 0101 0111In little-endian, the 32-bit word at location 1000 should contain the ASCII values for Columbus, or 0x6C73756F. The 32-bit word at location 1004 should contain the ASCII values for Buckeyes, or 0x65796B53.1000: 0x6C 0x73 0x75 0x6F 1004: 0x65 0x79 0x6B 0x53
Therefore, the contents of the two memory words at locations 1000 and 1004 are shown above in hexadecimal for the big-endian and little-endian schemes.
Learn more about big-endian and little-endian schemes here https://brainly.com/question/30639349
#SPJ11
Give all start up costs for opening a salon that has 8 workers and that does everything hair and wax related. Include the quantities for each item and the pricing
Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business
What is meant by Start-up costs?Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs should always be expensed as they are incurred, even though this determination can be somewhat subjective. Typically, start-up costs encompass any expenditure made before a business starts to turn a profit. Startup activities are essentially expensed as they are incurred in the accounting process. Although the guidelines are straightforward, the main concern is not assuming that other charges that are comparable to start-up costs should be treated the same manner.Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Please take note that these figures are only approximations and that prices can change depending on location and other variables.
To learn more about Start-up costs refer to:
https://brainly.com/question/28578431
#SPJ1
What is improved oven? in your own words.
Answer:
improved oven means improved cooking
Impact of purchasing an existing business
Answer:
What? I don't know what your talking about
Explanation:
What?
On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
a proxy is a document that gives a designated agent the right to vote a shareholder's stock. T/F
True. A proxy is a document that authorizes a designated agent, such as a proxy solicitor, to vote on behalf of a shareholder at a company's annual meeting or other special meetings.
The designated agent, known as a proxy holder, is given the authority to vote the shareholder's stock as specified in the proxy document. Proxies are commonly used when a shareholder is unable to attend a meeting in person or wishes to delegate the voting of their shares to someone else. The proxy document specifies the issues that will be voted on at the meeting and instructs the proxy holder on how to vote on those issues.
Learn more about shareholder here:
https://brainly.com/question/31687599
#SPJ11
thomas is an unlicensed person and he has been appointed a trustee of a special needs trust for his nephew. the trust will be funded by the sale of his sister's property. thomas prepares to list the property and when it sells, he will put the money into the trust as he is required to do. does thomas need a license?
Thomas needs a license since he is representing another in selling property.
Which of the aforementioned punishments would an unlicensed individual incur if they carried out tasks that required a real estate licence in the state of Massachusetts?
Anyone who works as a broker or salesperson without a licence or advertises as one will face a maximum $500 fine from a court of law. An unlicensed person cannot get a "finder's fee" from a broker.
What kinds of sanctions may be imposed on a person operating in the real estate industry in South Carolina without a licence?
To practise as a real estate broker, salesperson, or property manager, a valid licence is necessary. A misdemeanour offence has a maximum $500 fine, up to 6 months in jail, or both, depending on the severity of the infraction.
To know more about Real Estate Visit
https://brainly.com/question/17228088
#SPJ4