Question 12 of 25 4 Points The expense portion of the planning budget for Vet Services Inc. is as follows: h=200 hours a = 400 animals Wages and Salaries ($15h + $5a) $5,000 Medicine ($2a) 800 Supplies ($3a) 1,200 Cleaning ($1,400) 1,400 If 210 hours are worked serving 365 animals, what amount of "Wages and Salaries would be shown in the flexible budget? A. $4,825 B. $6,525 C. $5,150 D. $4,975 Reset Selection Part 13 of 25.013 A partial planning budget for Facts Corp. is as follows: m 10 months Sales ($80m) Expenses: Supplies ($20m) Insurance ($300) $800 (200) (300) What is the activity variance for supplies if 11 months were actually worked and the total actual cost of the supplies was $260? KI A $60 Unfavorable U B. $20 Unfavorable CU C. $20 Favorable D D. $60 Favorable Reset Selection 12 of 25 Q12 BlacBook Hilde Time Remaining A rt 9 of 25-09 Question 9 of 25 4 Points Cooper Company buys candy on account to use in making cookies. In 2020, purchases of candy are projected to be $30,000 in Q1 and 540,000 in 02 Cooper Company pays for 75% of their purchases in the quarter of the purchase and 25% in the following quarter. On December 31, 2019, the Accounts Payable balance was $8,750. What are cash disbursements for Q1? O A. $37.500 O B. $22,500 O C. $31,250 O D. $16,250 Reset Selection art 10 of 25 - Q10 4 Points Question 10 of 25 A partial planning budget for Facts Corp. is as follows: 4 Points A partial planning budget for Facts Corp. is as follows: m. 10 months Sales ($80m) $800 Expenses: Supplies ($20m) (200) Insurance ($300) (300) If 11 actual months were worked and actual sales revenue totaled $900, what is the revenue variance for sales? A. $20 Favorable B. $80 Favorable C. $80 Unfavorable OD. $20 Unfavorable Reset Selection Part 11 of 25 - Q11 Ben A Hide Time Remaining art 8 of 25 - 28 Question 8 of 25 4 Points Which of the following is not an advantage of self-imposed budgeting? A. Self-imposed budgets help employees to feel valuable, B. Self-imposed budgets may build in budgetary slack. C. Self-imposed budgets should be more reliable because workers are more familiar with the processes than upper management. D. Self-imposed budgets may increase commitment to the budget. Reset Selection Part 9 of 25-09 4 Points Question 9 of 25 Cooper Company buys candy on account to use in making cookies. In 2020, purchases of candy are projected to be $30,000 in Q1 and $40,00 Company pays for 75% of their purchases in the quarter of the purchase and 25% in the following quarter. On December 31, 2019, the Accoun balance was $8,750. What are cash disbursements for 017 A. $37,500 Question 7 of 25 4 Points On the budgeted balance sheet, what statement does the Accounts Payable amount come from? A. Schedule of Expected Cash Collections B. Schedule of Expected Cash Disbursements O C. Direct Labor Budget D. Manufacturing Overhead Budget Reset Selection art 8 of 25-08 Question 8 of 25 4 Points
