Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data and document if the variance is favorable or unfavorable when required. Actual Results Flexible Budget Variances Flexible Budget Sales-Volume Variances Static Budget Units sold 490,000 490,000 448,350 Revenues $187,250 $5,000 F (10) $6,260 U Variable costs $890 U $71,260 $10,800 F $82,060 Fixed costs $36,670 $3,740 F $40,410 0 $40,410 Operating income $78,430 $70,580 $66,040 10) What is the flexible budget variance

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers