Which of the following would NOT be a merchant under Article 2 of the UCC?
A) The owner of a hardware store which sells paint
B) A car mechanic who fixes used cars and sells them in his spare time
C) A person who inherits three speedboats and wants to sell them to buy a car
D) None of these are merchants.
C
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Mcdougald Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for March. Fixed Element per Month Variable Element per CustomerActual Total for MarchRevenue $6,500$169,700Employee salaries and wages$58,400 $1,000$83,200Travel expenses $700$18,600Other expenses$41,500 $41,900?When the company prepared its planning budget at the beginning of March, it assumed that 21 customers would have been served. However, 26 customers were actually served during March.?The spending variance for "Employee salaries and wages" for March would have been closest to:
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