The selling and administrative expense budget of Choo Corporation is based on budgeted unit sales, which are 4,600 units for August. The variable selling and administrative expense is $7.30 per unit. The budgeted fixed selling and administrative expense is $51,980 per month, which includes depreciation of $6,440 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the August selling and administrative expense budget should be:
A. $33,580
B. $79,120
C. $85,560
D. $45,540
Answer: B
You might also like to view...
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but its actual level of activity was 3990 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $36.80? Personnel expenses$30,900? $11.80?Medical supplies 1900? 7.20?Occupancy expenses 9000? 3.30?Administrative expenses 7300? 0.20?Total expenses$49,100? $22.50??Actual results for November: ?Revenue$147,032? Personnel expenses$77,944??Medical supplies$31,460??Occupancy expenses$21,673??Administrative
expenses$7859????The spending variance for medical supplies in November would be closest to: A. $760 F B. $760 U C. $832 F D. $832 U
A(n) ______ is a formal agency process under APA rules, which are similar to those followed in a trial
a. commissioner's hearing b. Congressional review c. rulemaking d. adjudicatory hearing e. none of the other choices
The aspects of agency actions given the most intense scope of review by the courts are:
a. procedural requirements b. factual basis for imposition of regulations c. connection to statutory power grant d. cost to benefit relationships e. none of the other choices
Which of the following is true of labor relations in the public sector?
A. The Civil Service Reform Act of 1978, Title VII, established the Federal Mediation Board. B. Union membership in the public sector has constantly declined since the 1960s. C. Strikes are legal at the federal level of the public sector in most states. D. Much of the union growth in the public sector has been in the service industry. E. Executive Order 10988 prohibits collective bargaining by federal employees.