FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Which one of the following equations is correct? a. Flexed budget profit + favourable variances - adverse/unfavourable variances = actual profit b. Original budget profit

Which one of the following equations is correct?

a.

Flexed budget profit + favourable variances - adverse/unfavourable variances = actual profit
b.

Original budget profit + unfavourable variances - favourable variances = flexed budget profit
c.

Original budget profit + favourable variances - adverse/unfavourable variances = actual profit
d.

Actual profit + favourable variances - adverse/unfavourable variances = original budget profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Accounting questions

Question

★★★★★
In a transmission line filled with a lossless dielectric (? = 4.5? o , ??=?? 0 ), find: (a) w and H,? (b) The Poynting vector,? (c) The total time-average power crossing the surface z = 1 m, 2 mm 40...

Answered: 1 week ago

Question

★★★★★
If a cell phone company conducted a telemarketing campaign to generate new clients and the probability of successfully gaining a new customer was 0.07, what is the probability that contacting 50...

Answered: 1 week ago

Question

★★★★★
Discuss how students beliefs about expectations for success, value of the task, and costs can influence motivation.

Answered: 1 week ago

Question

★★★★★
1. Analyze how Whole Foods managed change over the years since it started. 2. Whole Foods now faces a significant amount of competition. How should it respond to the changes in the competitive...

Answered: 1 week ago

Question

★★★★★
Which operator is used to express non - equivalence in DAX? Question 7 Select one: A . # * * # B . ! = C . D . Not Equal

Answered: 1 week ago

Question

★★★★★
Kelly Company's most recent contribution format income statement is shown below: Sales (60,000 units) Variable expenses Contribution margin Fixed expenses Operating income Total $600,000 360,000...

Answered: 1 week ago

Question

★★★★★
Smith Co. is considering the following alternative plans for financing the company: Issue 10% bonds (at face) Issue common stock, $10 par Plan I Plan II $1,000,000 $3,000,000 2,000,000 Income tax is...

Answered: 1 week ago

Question

★★★★★
In a time-sharing computer systern, the number of teleport inquiries averages 0.3 per millisecond a) Find the probability that at least one inquiry is made during the next millisecond. b) Find the...

Answered: 1 week ago

Question

★★★★★
2. (a) A two-area power system connected by a tie-line has the following characteristics on a common 1000 MVA base: Area 1 2 R R = 4% R2=5% D D = 0.5 D2=0.8 Each area has a generating unit and these...

Answered: 1 week ago

Question

★★★★★
[The following information applies to the questions displayed below.] Daley Company prepared the following aging of receivables analysis at December 31. Accounts receivable Percent uncollectible...

Answered: 1 week ago

Question

★★★★★
Required The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is...

Answered: 1 week ago

Question

★★★★★
Which statement about the Diagnostic and Statistical Manual of Mental Disorders is FALSE? The latest edition describes approximately 4 0 0 ?disorders. The first edition was published more than 1 0 0...

Answered: 1 week ago

Previous Question Next Question