Facility expenses in the flexible budget comes out to be $24,260.
<h3>What is flexible budged?</h3>
A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.
Calculation for the facility expenses in the flexible budget for December:
The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-
Facility expenses in the flexible budget = Variable + Fixed
= (3650*4.40) + 8200
= 16,060 + 8200
= 24,260
The wages and salaries in the planning budget for December would be closest to $24,260.
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Karla would pick option (B) uses hand labor with fixed costs of $10,000 and variable costs of $.5/candle.
<h3>
What is manufacturing?</h3>
- Manufacturing is the process of creating or producing items using equipment, labor, machines, tools, and chemical or biological processing or formulation.
- It is the essence of the economy's secondary sector.
- The phrase can relate to a wide range of human activities, from handcraft to high-tech, but it is most usually applied to industrial design, which involves the transformation of raw materials from the primary sector into finished commodities on a big scale.
To find which option will Karla pick:
- If the demand for Karla's candles is 25,000.
- Total Cost in Machine A = 25000 + 0.1*25000
- = $ 27500 Total
Therefore, Karla would pick option (B) uses hand labor with fixed costs of $10,000 and variable costs of $.5/candle.
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The correct question is given below:
Karla's candle factory is considering two different manufacturing options.
Option A is highly automated with fixed costs of $25,000 and variable costs of $.1/candle.
Option B uses hand labor with fixed costs of $10,000 and variable costs of $.5/candle.
If the demand for Karla's candles is 25,000, which option should she pick?
Answer:
A. The majority of the tax will be borne by the producer.
Explanation:
When an Indirect Tax (impact & incidence on different people) is levied : The burden of it is shifted to the party (buyers/ sellers) whose element (demand/ supply) is more inelastic (less responsive to price).
In this case: If demand for Carlo Rossi wine is relatively elastic (because of substitutes presence) - levying tax on it will hence imply major burden to be borne be producer (because demand is relatively elastic).
b,c : All tax will be borne passed to consumer / producer - if demand is perfectly inelastic/ if supply will be perfectly inelastic respectively.
d: Majority tax will be borne by consumer - if demand is relatively inelastic (than supply)
Answer:
Growth stocks: Shares of fast-growing, higher-risk companies.
Tech stocks: Shares of technology companies.
Small-cap, mid-cap and large-cap stocks: Stocks from small, mid-size and large companies.
Explanation:
One challenge for an organization that allows employees to work from home is b) it makes job performance appraisal more difficult for managers.
<h3>Job performance appraisal</h3>
The disadvantage from working from home is that it tend to makes it job performance appraisal difficult.
Reason being that a manager or supervisor will find it hard to review and evaluate the employee performance.
Therefore the correct option is B.
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Missing options are:
a) reduced productivity for the organization.
b) it makes job performance appraisal more difficult for managers.
c) it reduces the amount of time available for work for the employee.
d) it creates confusion for workers who work at home as to what they are supposed to do and when they are supposed to do it.