Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For the month of August, the company planned for activity of 118 births, but the actual level of activity was 116 births. The actual wages and salaries for the month was $44,120. The wages and salaries in the planning budget for August would be closest to:
A. $44,120
B. $44,881
C. $43,344
D. $42,648
Answer: C
You might also like to view...
When management is unable to provide an explanation for a previously unrecognized risk identified through the analytical procedures, the auditor must issue an adverse opinion
a. True b. False Indicate whether the statement is true or false
If a project is expected to be completed in 68 days with a project variance of 21 days, what is the probability that the project will be completed within 70 days?
A. between 35% and 40% B. between 45% and 50% C. between 55% and 60% D. between 65% and 70%
Charles owns 1,000 shares of stock in Temperan, Inc Charles wants to obtain corporate records including the corporation's minute book and accounting records. Under the Model Act, Charles is entitled to this information if he requests it in good faith and
a. he has a proper purpose. b. he owns at least 1 percent of the company or $2,000 of stock. c. he is an employee of Temperan. d. he is a controlling shareholder.
Capital markets deal exclusively in stock. Money markets deal exclusively in debt instruments
Indicate whether the statement is true or false.