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just olya
9 days ago
8

Q1. Big Money Monster is a business school. The school bases its budgets on two measures of activity: number of students and num

ber of courses. The school uses the following data in its budgeting: Fixed cost per month Variable cost per student Variable cost per course Faculty wages $4,000 $0 $20 Course supplies $1,000 $10 $50 Administrative expenses $2,000 $20 $30 In July, the school budgeted for 300 students and 15 courses. Actual results for the month appear below: Number of Students 280 Number of Courses 18 Faculty wages $4,200 Course supplies $4,800 Administrative expenses $8,300 What is the spending variance for course supplies (choose the closest answer)
Business
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Maggie Stewart loves desserts. But, due to weight and cholesterol concerns, she has decided that she must plan her desserts care
Nady [3600]
To maximize Maggie's taste index, the best choice is 1 snack bar and 2 ice creams. Each snack bar weighs 37 grams with 120 calories and 5 grams of fat, while each ice cream accounts for 65 grams, 160 calories, and 10 grams of fat. Maggie saves room for no more than 450 calories and 25 grams of fat in her desserts, along with a minimum requirement of 120 grams of desserts daily.
5 0
1 month ago
Beta Limited has opening PP&E balance of 150, a depreciation expense of 75, and a closing PP&E balance of 170, what is B
Scilla [3833]

The net capital expenditure for Beta is 95.

Explanation:

To determine Beta's net capital expenditure, use the formula below

Closing PP&E + Depreciation Expense - Opening PP&E

= 170 + 75 - 150

= 95

In this computation, the depreciation expense is added, and the PP&E balance is subtracted from the closing PP&E balance to obtain a precise figure.

Alternatively, it can be calculated based on the capital expenditures derived from a company's income statement and balance sheet. Check for the depreciation expense recorded for the current period in the income statement and find the current period’s property, plant, and equipment in the balance sheet.

4 0
3 months ago
Read 2 more answers
A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total as
Mariulka [3825]

Answer:

0.45

Explanation:

Total asset turnover indicates the ratio of total assets to total revenue. It evaluates how effectively a company is employing its assets to generate sales.

The calculation is performed as follows: Net Sales / Average Total Assets.

Average total assets are determined by: (Asset at Start + Asset at End) / 2.

Using the given data:

Total revenue = $900,000 and total assets = $2,000,000.

$900,000/$2,000,000 = 0.45.

Note: Since the beginning and ending assets are not specified, we assume $2,000,000 represents the average assets.

4 0
2 months ago
If you have a cb radio, you can turn to channel ___________ and request police assistance. 5 12 10 9
Mariulka [3825]
The Citizen Band (CB) radio originated in 1940 when the Federal Communications Commission (FCC) began regulating it for local personal and business use. To listen or call for police help, one should switch to channel 9. 
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3 months ago
Assume that more corn is used to produce ethanol. Simultaneously, more effective control of pests and weeds occurs during farmin
Scilla [3833]

The cost of corn is set to rise is guaranteed to happen in the corn market.

Option A

Explanation:

Ethanol, a type of renewable fuel, is produced from various organic substances referred to as "biomass." Moreover, approximately 98% of petroleum utilized in the U.S. contains ethanol, frequently in the form of E10, to help minimize air pollutants, which is a mixture of 10% ethanol and 90% gasoline. The oxygenation of fuel

Ethanol derived from corn is the main source of ethanol fuel in the United States, produced from corn biomass.

Maize ethanol is created through the fermentation and distillation process. It remains uncertain if using corn ethanol results in a significant reduction in greenhouse gas emissions compared to gasoline.

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2 months ago
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