There are different ways firms generate revenues. The option that leads to favorable variance is when Actual revenue is higher than budgeted revenue.
Budget variance is known to be the difference between the budgeted amount of expense or revenue, and the actual amount.
The budget variance is said to becomes favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.
If revenue of a firm is higher than the budget or the actual expenses are less than the budget, this is known to be a favorable variance.
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Gerrald Express is a partnership business registered in Singapore. The partners are Glenn and Kim. Each of the partners contributed $50,000 as capital to the partnership and they share equally in the profits and losses.
The partnership carries on the business of marketing services. In the financial year ended 31 December 2020, the partnership recorded a net loss of $79,000 after charging the following items of expenses:
Interest on capital paid equally to the partners $5,000
Glenn salary and bonus 12,000
Kim salary and bonus 15,000
Kim’s airfares for business purposes 4,800
Glenn’s taxi fare reimbursements for business 1,200
Motor car expenses reimbursed to employees 3,000
Depreciation 6,000
Interest on loans to fund operating expenses 2,800
Besides his involvement in partnership business, Glenn is also the Executive Officer of a medium size Company in Singapore. He was paid annual remuneration of $78,000 for the year ended 31 December 2020.
His spouse has no income for last year and has 2 children aged 19 and 12. The son is serving National Service and Glenn did not perform any active NS training in the previous year.
Required:
a) Compute the amount of tax adjusted profit or loss of the Gerrald Express partnership for the year of assessment 2021; [8 marks]
b) Compute the assessable income of Glenn for the year of assessment 2021; [12 marks]
c) State the major difference in a partner’s liability to utilise the losses arising from a partnership and from a limited liability partnership. [10 marks]
Answer:
i dont knowpls mark me as brinlest
Explanation:
A problem statement in an analytical report is most effective when it is ________.
subtly introduced in the body of the report
written in a friendly tone
unambiguous and precisely defined
lengthy with detailed background and explanations
Answer:
subtly introduced in the body of the report
Explanation:
I hope it helps to you:-)
The most effective way to introduce a problem statement in an analytical report is in the report's body. Thus option (A) is correct.
What is the statement?Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.
A problem statement, in its most basic form, identifies the issue or impact you seek to address through your work. This assertion must be precise, short, and identify a quantifiable result. In research, a problem statement is a description of the problem that needs to be investigated. What issue is the research trying to solve
Therefore, Thus option (A) is correct
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If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.
If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then the government should make the price equal to the marginal cost.
Monopolies are businesses that are dominated by few people in the industry. They have little competition from others and have high barriers to entry.
They can sometimes reduce production to increase the price of their goods and services.
The government can regulate the activities of monopolies by making their price equal to the marginal cost.
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which situation would normally involve long-term financing?
The process of packing 316 ounce bottles of Hershey chocolate syrup in super size packages like those sold at Sam’s and Costco is an example of what type of packaging… Is it adaptive packaging allocating sorting out accumulating or accruing
The chocolate syrup in super size packages is an example of accumulating type of packaging
Basically, packaging refers to the process of boxing or wrapping a product is offered for sale.
Accumulating packaging is the type of packaging described in the question.
Majority of accumulating package in factory are done by automated machines.
In conclusion, the chocolate syrup in super size packages is an example of accumulating type of packaging
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Roberto, Incorporated manufactures products A and B. Both products have a contribution margin ratio of 40%. What is the contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource? multiple choice $2 per minute $3 per minute $6 per minute $8 per minute
The contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource is $3 per minute.
Using this formula
Contribution margin per unit = Contribution per unit / Limiting Factor required per unit
Where:
Contribution per unit=$6
Limiting Factor required per unit=2
Let plug in the formula
Contribution margin per unit=$6/2
Contribution margin per unit=$3 per minute
Inconclusion the contribution margin per unit of the constrained resource for product B, if labor time is the constrained resource is $3 per minute.
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WILL GIVE BRAINLIEST
Refer to Figure 33-2. If the economy starts at O and moves to R in the short run, the economy
a) moves to O in the long run
b) moves to P in the long run
c) moves to Q in the long run
d) moves to R in the long run
Answer:
c c c c c c c c. give brainliest to guy above
Explanation:
If the economy starts at O and moves to R in the short run, the economy moves to Q in the long run. Thus the correct option is C.
What is the Economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
The strongest and worst results for an economy are reflected in changes in SRAS. Decreased prices, lower unemployment, and more productivity result from an increase in SRAS.
We get more of what we dislike most as SRAS declines, such as fewer items, greater unemployment, and higher costs. Since the economy has moved from the R to the Q point and AD has fallen from AD1 to AD2 denotes the movement in the short run.
Therefore, option C is appropriate.
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Last year, Joan purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.96%. If Joan sold
the bond today for $1,154.91, what rate of return would she have earned for the past year? Round your answer to two decimal places.
Joan's bond receivable has earned a 15.49% rate of return for the past year.
Data and Calculations:
Face value of the corporate bond = $1,000
Annual coupon rate = 11%
Maturity period = 25 years
Expected yield too maturity (YTM) = 11.96%
Current bond's price = $1,154.91
The rate of return earned since last year = 15.49% {($1,154.91 - $1,000)/$1,000}.
Thus, Joan's bond receivable has earned a 15.49% rate of return for the past year.
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A key tool used for problem statement maturing (usually in conjunction with the customer is)
A design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.
Design thinking refers to a process which aims to solving problems by prioritizing the consumer's needs above all else.
The main benefit of the process is that its helps firm to identify, understand and address the need or problems of the businesses and their customer.In conclusion, the design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.
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One goal of the Occupy Movement was to encourage the practice of bank bailouts.
Group of answer choices
True
False
Learners with a _____ learning style prefer reading, writing, and speaking. naturalistic logical/mathematical verbal/linguistic none of the above
Answer:
Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.
Explanation:
Five-A-Day, a company that produces and distributes organic vegetables for grocery stores, wants to market its vegetables in such a way that children will want to buy them. To accomplish this, the company creates an advertising campaign that features children dressed up in vegetable costumes attending a Halloween party and eating vegetables and dips as a snack. The company also packages cut up vegetables in grab-and-go containers in fun shapes and colorful designs to attract children's attention in the grocery store. Which marketing function does this scenario most closely describe?
A. grading
B, buying
C. selling
D. promoting
E. marketing research
The marketing function that this scenario best describes is marketing research, which is performed to collect data that will assist in the development of the company's marketing strategy.
We can see that Five-A-Day conducts marketing research by creating advertising campaigns that encourage the consumption of its products to its target audience, which are children.
Therefore, marketing research is an essential step for companies to segment their market through important information about the consumer's profile, preferences and needs.
In this way, the company makes better strategic decisions to increase its market position.
The correct alternative is letter E.
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2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this market?
Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;
As a result of poor demand for the products It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.This can be due to the small price margin or the price competition from other manufacturers.Losses encountered via the issue of Private LabelPoor marketing and advertisement strategy and poor budget allocation for it.Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.
It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.
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True or False: Anything less than a full bottle shouldn't be considered in inventory at all.
Answer:
false and not true
Explanation:
Anything less than a full bottle should be considered in the inventory. Thus, the given statement is false.
What is inventory par level?Using the Periodic Automatic Replacement (PAR) inventory control system, you may determine the amount of inventory you need to keep on hand to meet demand. The ideal inventory stock to have on hand following each order delivery is determined by the PAR level.
The usual quantity of an ingredient you anticipate having on your shelves at any given moment is known as an inventory par level. It's straightforward: If you ordered 5 jars of mayonnaise but only have 2, you know you need to get 3 more.
While receiving your inventory, check your system's inventory price again, For bookkeeping, code your invoices. Any outdated prices in your system should be changed, Add the delivered goods to your order history.
Therefore, the given statement is false.
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What affects the egg coagulation in custards and creams!
The production report for Glenway Company for February contained the following information: Work in process, beginning of the month - 3,500 units; 1 / 5 completed Units completed and transferred to finished goods - 25,000 Work in process, end of month - 4,000 units; 1 / 4 completed Production costs for the month were: materials - $25,325; labor - $20,175; overhead - $38,950. Costs in beginning work in process were $5,250. What is the cost per equivalent unit?
a. $3.45
b. $3.59
c. $3.20
d. $3.25
Based on the information the cost per equivalent unit $3.45.
First step is to calculate the units produced During Month
Units Completed and Transferred out 25,000
Work in Progress End of Month 1,000
(4000 × 1/4)
Units Produced During Month 26,000
(25,000+1,000)
Second step is to calculate the total costs for the month
Materials $25,325
Labor $20,175
Overhead -$38,950
Costs in beginning work in process $5,250
Total Costs For Month $89,700
Third step is to calculate the cost per unit
Cost per Equivalent Unit =$89700/26000
Cost per Equivalent Unit=$3.45
Inconclusion the information the cost per equivalent unit $3.45.
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Bonnie is going to purchase a billboard to promote her new restaurant. She needs to calculate her gross rating points. What two factors does she need to know
Given what we know, in order for Bonnie to calculate her "Gross Rating Points" or GPRs, she will need to know how much of the population her ad will reach and how often they will view it.
What are gross rating points?Gross rating points are a system used to measure the effectiveness of ads. In most cases, they are used in a predictive sense to measure how effective an ad may be, then used to measure how effective they were, and offer a before and after comparison. What factors are used to calculate GPRs?In order to calculate the gross rating points, we need to know two factors. The first is the number of people or percentage of the target market, that is reached by the ad.The second is the frequency by which these individuals will view the ad.Therefore, we can confirm that to calculate her GPRs for the billboard ad she wishes to purchase, bonnie will need to know how many people see the billboard each day, and how many times they do so.
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Suppose the supply and demand equation are given as follow:
Demand: Qd=115-2*p
Supply: Qs=13+3*p
What's the equilibrium price? (Hint: enter your answer in 2 decimal places)
Your Answer:
Answer
Answer:
$20.40
Explanation:
The supply and the demand equations are given as:
Qd = 115 - 2p
Qs = 13 + 3p
The equilibrium point is when both equations are equal.
So, we have
115 - 2p = 13 + 3p
Collect like terms
3p +2p = 115 - 13
5p = 102
Divide both sides by 5
p = 20.40
Hence, the equilibrium price is $20.40
David Davis plans to save $2,735 every year for the next eight years, starting today. At the end of eight years, David will turn 30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 12.0 percent annually, how much will he have saved in eight years when he buys his house
Answer:
Denizen 3 4 and a great job time to for a the first time first aid kit the meaning of ghilli in a row to get the 5 to the 8th and then she says that she 38 the meaning that she should have a pool for her and the rest of her family head is of her own 4 who will not be available for the next one in night and or next at least the next other two nights as she is back at night and she is going out for a couple weeks and a great half birthday day for her birthday present so she can bring 5 500 on the on going 3
Explanation:
2 increase in the National College at Lahore 30th in September and 3rd 3 is a holiday in the UK for a couple week holidays holiday and the bear episode of a year is 4 up with and a in a advance bed booking form and the holiday accommodation for your child needs to be honest I have to read Allah and help you with you are as good as good as you can remember the first one is a bit more of 6 for her but you have a lot of money left for the me in the National capital 2176218754 3 and of 3 episode of my slow recovery and I a few days to 786 my back and the Caribbean world is a good 3 episode and I have been been working with a few people different and to the point of getting back to the office of profit of a sudden he is not working I properly managed made the best possible way of doing this to happen to her room with the help of the year but have to be honest honest and I will be back in the next couple of couple weeks with a couple in a row with a couple of days ago 5 6th June episode of puppeteer the meaning of ghilli in a row for the person in who is was not able 7 8 I a a I bit few couple few few couple few like of of like like of a of like of of a of like of of a of like months days years months days months years months days months years months days years months days months years months years days months years months years monthshow it can be used in addition to showing skills –use the account and debit card?
Answer:What happens when you use a debit card and use credit at the register?
Explanation:When you run your transaction as credit using your debit card, you are still authorizing a debit from your checking account. You will never be charged interest or receive a bill for doing this. Of course, choosing credit at the point-of-sale will not help you build your credit.
How to make your own website ?
Answer:
Use visual studio code
Explanation:
You want to then make HTML code and CSS code 2 different files that corillate together and you need a header, footer, main, functions is CSS etc
Last year during the beginning of the Pandemic, name 5 household products people were hoarding?
Answer: Toiletry, Food, Cleaning items, Water
Explanation:
On May 31, 2010 Amex Corporation acquired all of 10,000 shares of Luck’s outstanding common stock by paying Br 400,000 cash and issuing 20,000 shares of Br 15 par common stock having a market value of Br 40 per share to Luck’s stockholders. In addition, Br 300,000 is contingent up on the achievement of Br 1,000,000 profit margin in the next annual period. The fair value of contingent consideration was Br 100,000. • Separate balance sheets of Amex Corporation and Luck Company on May 31, 2010, together with current fair values of Luck’s identifiable net assets are given on the next slide:
Answer:
27. Answer the following question in the negative.
Est-ce qu'il y a quelqu'un à la réception de l'hôtel?
Explanation:
gold j]ludkcmmmmm it is ood know
Which of the following will shift the
LRAS Curve to the left?
A. increase quantity of laborers
B. decrease in quantity of laborers
C. increase quality of laborers
Answer: B
Explanation:
A(n)______allows students to study more specific topics within their majors.
A. specialization
B. requirement
C. minor
D. integration
Answer: The answer would be a interrogation
Explanation:
Michelle is typing an e-mail to team members. The e-mail includes some issues that were discussed during a meeting and decisions that were made. Michelle is writing the _____.
Answer:
issues that were discussed in the meeting
Explanation:
Hep help please straightforward answer please thanks thanks
Answer:
C
Explanation:
Work hours are unlimited for which of these as it pertains to child labor laws?
O A. Ages 12-16
O B. Ages 16-17
O C. Ages under 14
O D. Ages 14-15
Answer: D
Explanation: Im not sure if im correct but i believe its D
Which type of listening occurs when we are focused on sharing our own point of view instead of listening to someone else?
Answer:
pwede ba po tagalog
nalang pwede
Bruno Company had a $200,000 beginning balance in bonds payable and a $210,000 ending balance in bonds payable. During the year, Bruno paid off $100,000 of bond liabilities. Based on this information alone, Bruno's statement of cash flows would include a ______ from financing activities.
lose
Explanation:
if he start the company with 200000 beginning+10000 which
will be 210000 after he paid bond 100000 he will having balance of 110000