Flexible Budget for Selling and Administrative Expenses for a Service companyMorningside Technologies Inc. uses flexible budgets that are based on the following data:Sales commissions15% of salesAdvertising expense12% of salesMiscellaneous administrative expense$8,000 per month plus 10% of salesOffice salaries expense$32,000 per monthCustomer support expenses$14,000 per month plus 18% of salesResearch and development expense$35,000 per month Prepare a flexible selling and administrative expenses budget for April for sales volumes of $400,000, $500,000, and $600,000

Sodas in a can are supposed to contain an average of 12 ounces. this particular brand has a standard deviation of 0.1 ounces, with an average of 12.1 ounces. if the can's contents follow a normal distribution, what is the probability that the mean contents of a six pack are less than 12 ounces?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)