Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container RefurbishedRevenue $5,400Employee salaries and wages$58,300 $1,000Refurbishing materials $700Other expenses$31,200 ?When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.?The amount shown for revenue in the planning budget for March would have been closest to:
A. $140,400
B. $142,435
C. $126,000
D. $124,200
Answer: A
You might also like to view...
In business-to-business communications, advertising is often the primary promotion method with the other components of the promotional mix, such as trade promotions, consumer promotions, and personal selling supporting the advertising
Indicate whether the statement is true or false
Joey reproduces Mina's copyrighted work Storm on the Mountain without paying royalties. Joey is most likely excepted from liability for copyright infringement under the "fair use" doctrine if
a. Joey copies the entire work. b. Joey distributes the copies without charge to the public. c. Joey's use has no effect on the market for Mina's work. d. Joey's use is for a commercial purpose.
Which of the following has not been an issue for Bausch & Lomb?
a. Its CEO claimed to have an MBA and did not b. One of its products resulted in eye infections c. Accounting issues in its Brazilian operations d. The failure to self-report issues to the SEC
Satish, age 11, is a dependent of his parents. His only source of income in 2018 is $8,000 of interest income on bonds given him by his grandparents, resulting in taxable income of $6,950. Under kiddie tax rules, calculation of tax requires dividing taxable income between net unearned income and earned taxable income. Satish's taxable income will be divided as follows:
A. net unearned income -$8,000 and earned taxable income -$1,050. B. net unearned income -$0 and earned taxable income -$6,950. C. net unearned income -$6,950 and earned taxable income -$0. D. net unearned income -$5,900 and earned taxable income -$1,050.