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

Show answers

Another question on Business

Business, 22.06.2019 11:30

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Answers: 1

Answer

Business, 22.06.2019 18:30

Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.

Answers: 3

Answer

Business, 22.06.2019 19:30

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.

Answers: 2

Answer

Business, 22.06.2019 20:00

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Answers: 3

Answer

You know the right answer?

Arrasmith Corporation uses customers served as its measure of activity. During February, the company...

Questions