Wyzard 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 and the actual results of operations for February. Fixed Element per MonthVariable Element per Container RefurbishedActual Total for FebruaryRevenue $3,800$123,400Employee salaries and wages$40,000 $1,100$73,800Refurbishing materials $700$21,800Other expenses$29,700 $28,800?When the company prepared its planning budget at the beginning of February, it assumed that 37 containers would have been refurbished. However, 32 containers were actually refurbished during February.?The revenue variance in the Revenue and Spending Variances
column of a report comparing actual results to the flexible budget for February would have been closest to:
A. $17,200 F
B. $17,200 U
C. $1,800 U
D. $1,800 F
Answer: D
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Revocation of nonconforming goods allows the buyer to pass the risk of loss back to the seller, but only to the extent that the buyer's insurance covers the loss
Indicate whether the statement is true or false
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A. accounting B. reconciliation C. cost analysis D. cash flow analysis
Which of the following may be a valid basis on which to obtain an annulment of a marriage?
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