Variable costs fixed costs what is the staticbudget variance of operating income?

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Answer 1

Static Budget Variance of operating income is  the difference between the actual results and the static budget

These variances are used to assess whether the differences were favorable or unfavorable. If an organization’s actual costs were below the static budget and revenue  are exceeded than expectations, the resulting lift in profit would be a favorable result.

Conversely, if revenue didn't at least meet the targets set in the static budget, or if actual costs exceeded the pre-established limits, the results will always  lead to lower profits.

A static budget is a type of budget that incorporates different anticipated values about inputs and outputs that are conceived before the period in which question begins.

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Related Questions

When firms innovate by leveraging existing technologies into new markets, they are said to be involved in_________?

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When firms innovate by leveraging existing technologies into new markets, they are said to be involved in Architectural Innovation.

When new products or services employ current technology to open up previously untapped markets or attract new customers, this is known as architectural innovation.

Businesses can innovate by utilizing and modifying current technologies to develop new goods and services that cater to untapped markets and clientele. Given that a product's architecture is altered in order to generate a new product and enter new markets, this form of innovation is known as architectural innovation.

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If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is a. 200 - 4q. b. 100 - 4q. c. 200 - 2q. d. 2

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If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is  200 - 2q. Price becomes a function of quantity demanded in the case of an inverse demand curve. The inverse of a demand curve, this indicates that variations in the amount required cause changes in price levels.

The formula for calculating the demand curve for a product yields the graph of an inverse demand curve. The quantity demanded is a function of price on the demand curve. This aligns the horizontal axis with pricing, with quantity demanded on the vertical axis.

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According to doob, a supplier factory for reebok in india punished workers who made mistakes on the job by?

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According to doob, a supplier factory for reebok in India punished workers who made mistakes on the job by confining them in the hot sun.

Employees who are disciplined for errors may develop new work habits and practices that are harmful to their ability to produce original work. One such instance involves an Indian supplier plant for Reebok punishing workers who commit errors at work by locking them within a heated environment.

Hiring managers always want to see their staff members succeed, pick up new skills, and be able to use those skills effectively. Unfortunately, not every learning path is smooth.

Your team must be fearless if you want to teach them how to act courageously. They will be better able to develop this fearless mindset if they are in an environment where they are free to express their opinions, try things out and fail, ask questions, and think creatively.

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A bond has a par value of $1,000, a market price of $300, and a 9% coupon rate. It will mature in 5 years. What is the current yield of the bond?.

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The current yield of the bond= is 0.3538 or 35.38%.

What is the yield of a bond?

The annualized interest rate that discounts the coupon and face value payouts of a bond to its market price is known as the yield to maturity (YTM) of that bond. It is, in other words, the interest rate that the bond's holder receives.

The current yield of the bond:

Annual coupon (C) = Par value x Coupon rate

                               = $1,000 x 9%

                               = $90

Current yield = Coupon / Current price

                      = $90 / $300

                      = 0.30 or 30%

Yield to maturity

                      = C + [(F – P) / n] / [ (F + P) /2

C = Annual coupon = $90

F = Par Value = $1,000

P = Current price = $300

n = Years left to maturity = 5

So, YTM

= $90 + [($1,000 - $300) / 5] / [($1,000 + $300) / 2]

= $90 +$140 / $650

= 0.3538 or 35.38%

The current yield of the bond= is 0.3538 or 35.38%.

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The high-income economies of the world contain approximately __________ of the world’s population and produce and consume ___________ of the world’s gdp.

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The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.

What is GDP?

The gross domestic product stands as a monetary measurement of the market value of all the final goods and services produced in a distinctive period by countries. Due to its complex and subjective nature, this measure exists often revised before being deemed a reliable indicator.

Gross domestic product (GDP) stands for the total monetary or market value of all the finished goods and services constructed within a country's borders in a typical period. GDP measures the worth of the final goods and services produced in the United States (without double counting the middle goods and services used up to produce them).

The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.

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The high-income economies of the world contain approximately 12% of the world’s population and create and consume 60% of the world’s GDP.

What is Gross domestic product?

Gross domestic product is a financial measure of the market value of all the final goods and benefits produced in a specific time period by countries. Due to its complex and subjective nature this step is often revised before being considered a reliable indicator.

GDP is more reasonable comparing national economies on the international market. Total GDP can also be damaged down into the contribution of each industry or sector of the economyGDP definitions are supported by a number of national and international financial organizations.

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Opportunity costs are irrelevant costs when doing capital budgeting analysis.
a) true
b) false

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Opportunity costs are irrelevant costs when doing capital budgeting analysis. The given statement is FALSE.

Opportunity cost is the advantage that was lost because a particular option was not selected.

It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.

Opportunity costs have a value that can help people and businesses make more lucrative decisions.

Opportunity cost is a wholly internal expense that is only utilized for strategic consideration; it is not included in accounting profit and is not reported externally.

Costs that won't be impacted by a managerial choice are irrelevant costs.

Expenses that will be impacted by a managerial choice are relevant costs.

When you choose one course of action over another, irrelevant expenses won't change in the future.

Sunk expenses, committed costs, and overheads are examples of irrelevant costs because they cannot be avoided.

Hence, the given statement is FALSE.

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When goods are shipped FOB destination and the seller pays the freight charges, the buyer a.journalizes a reimbursement to the seller b.does not take a discount c.makes no journal entry for the freight d.journalizes a reduction for the cost of the merchandise

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When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

What are the journal entries for FOB destination transactions?

When merchandise is sold on FOB destination terms, it implies that the seller is legally responsible for the safety of the goods until delivered to the buyer.  In most cases, the buyer does not pay for the freight.

In such a case, the Seller also records the delivery expense or freight as a period expense.

The buyer does not make any journal entry for the cost of delivery or (freight).  Since the seller bears all the delivery risks, the buyer can only pay for the cost of the goods when they reach the buyer's destination.

Thus, when goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

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Margo insists that her dreams frequently enable her to perceive and predict future events. margo is claiming to possess the power of:_______

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Margo insists that her dreams frequently enable her to perceive and predict future events. margo is claiming to possess the power of precognition.

The alleged psychic phenomenon known as precognition involves seeing or otherwise becoming immediately aware of future events. Precognition is usually regarded as pseudoscience because there is no acknowledged scientific proof that it has any validity.

Precognitive dreams are frequently explained by coincidence or the law of large numbers. There will occasionally be matches between dream visions and specific future events or imagery given sufficiently many possibilities. Precognition is the supernormal ability to know what will happen in the future, with the focus being on foretelling events rather than mentally influencing them to happen.

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An appropriate source for identification of a clinical-based research problem would be a/an:_____.

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An appropriate source for identification of a clinical-based research problem would be a floor nurse. In hospitals and the other healthcare facilities, floor nurses serve as first line of defence for patient care. They directly care for patients, keep track of their health, and work with doctors to make sure everyone is getting the right care.

Medical research that involves patients is called clinical-based research. Clinical trials and observational research are the two categories by floor nurse. Observational studies look at people in everyday environments. Information is gathered, participants are grouped according to general characteristics, and changes over time are compared.

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A perpetuity pays $100 each and every year forever. the duration of this perpetuity will be:_________

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Perpetuity pays $100 each and every year forever. the duration of this perpetuity will be 12.11

Yield rate = 9% or 0.09

Duration of perpetuity = (1+ Interest Rate) / Interest Rate

                                  = 1+ 0.09 / 0.09

                                   = 1.09 / 0.09

                                    = 12.11

A perpetual annuity is a never-ending annuity or series of cash payments that lasts forever. True eternity is rare. For example, the UK government has issued them in the past. These were known as consoles and were all eventually redeemed in 2015. Cash flow is endless.

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Suppose that tom bought a bike from helen for $195. if helen’s reservation price was $185, and tom's reservation price was $215, the seller’s surplus from this transaction was:_______.

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The seller surplus was $10 from this transaction. The discrepancy between the price paid and a good's marginal value is known as the seller surplus.

Seller surplus plus consumer surplus represents the sum of the economic benefits to each market participant from participating in the production and trade of the good at a price. The producer surplus is equal to the entire revenue from sales of a producer's goods minus the marginal cost of production.

Market price that is higher than the lowest price that producers would normally be willing to pay for their goods results in a seller surplus. Only variable (marginal) costs are deducted from seller surplus.

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Costs incurred as a result of past irrevocable decisions and irrelevant to future decisions are called:______.

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Costs incurred as a result of past irrevocable decisions and irrelevant to future decisions are called opportunity costs.

Sunk costs are funds already spent in the past, and opportunity costs are potential returns not realized on future investments because the capital was invested elsewhere.

Sunk costs are costs that have already been incurred and have no possibility of future recovery. For example, rent, spending on marketing campaigns, or money spent on new equipment can all be considered sunk costs. Sunk costs are also known as past costs.

Sunk costs, also known as retroactive costs, refer to investments already made that cannot be recovered. Examples of irrevocable decisions in corporate sunk costs include marketing, research, installation of new software or equipment, salaries, benefits, or operating expenses.

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Most leadership training programs concentrate on developing, maintaining, or enhancing individual attributes. this most accurately is an example of__________.

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Most leadership training programs concentrate on developing, maintaining, or enhancing individual leader attributes. this most accurately is an example of leader development.  

Although leader development does not have a single theory that it is based on, development theory draws on two components of development: learning and change. Learning is founded on two traditions: behaviorism, which advocates a permanent change in behavior after experience.

A leader cannot evolve without change taking place since development is a kind of change. Learning is the achievement of a lasting change in a person as a result of practice or experience, which in turn promotes change and development.

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The goal of _____ analysis is determining what is responsible for the difference between employees’ current and expected levels of performance.

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The goal of gap analysis is determining what is responsible for the difference between employees’ current and expected levels of performance.

A gap analysis is a process which allows different organizations to determine how to acheive their business goals in the best possible way. It compares the current state with an ideal state or goals of the organization, which highlights the  shortcomings and opportunities for improvement.

Many tools are in  existence which helps you in bridging the gap between two . Whichever tool will be chosen by you, visualize and document each step of your gap analysis to keep the organization moving forward.

SWOT analysis is an example of tool used for the gap analysis.

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Which of the four main methods of international entry did assan motors employ to expand into the u. s.? What are the strengths and weaknesses of this approach relative to the other three approaches?

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There are five basic options available: (1) exporting, (2) creating a wholly owned subsidiary, (3) franchising, (4) licensing, and (5) creating a joint venture

What is joint venture?

A joint venture is a business company formed by two or more partners that is distinguished by shared ownership, returns and risks, and governance.

The total success rate of alliances is about 50%, and the average joint venture life span is only five to seven years.

The joint venture must include at least two natural persons or entities as partners. Capital, labor, assets, skill, expertise, knowledge, or other resources valuable for the single operation or project may be contributed by the parties. The formation of a joint venture is determined by facts unique to each situation.

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A president who pursues foreign policy strategies that focus on promoting military defense and homeland security and perceives involvement in international organizations or cooperation with other countries as a potential threat to the national security and sovereignty of his or her country is following a grand strategy of _____.

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A president who follows foreign policy approaches that focus on promoting military defense and homeland security and perceives involvement in international organizations or association with other countries as a potential threat to the national security and sovereignty of his or her country stands following a grand strategy of isolationism.

What is Isolationism?

Isolationism exists as a political philosophy advocating a national foreign policy that resists involvement in the political affairs, and particularly the wars, of other countries. Therefore, isolationism fundamentally advocates objectivity and opposes entanglement in military alliances and mutual protection pacts. A president who follows foreign policy approaches that focus on promoting military defense and homeland security and perceives involvement in international organizations or association with other countries as a potential threat to the national security and sovereignty of his or her country stands following a grand strategy of isolationism.

The head of state and government of the United States of America stands as the president of the United States (POTUS)]The president functions as both the head of the executive branch and the supreme commander of the armed forces of the United States.Since the President existed established in 1789, its authority has advanced significantly.Although the presidential authority controls fluctuated throughout time, it has recreated a significant role in American politics since the turn of the 20th century, especially under the administration of Franklin D. Roosevelt.

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Shari'ah law mandates social and economic behavior based on interpretation of the:______.

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Shari'ah law mandates social and economic behavior based on interpretation of the Quran.

Behavior is the range of actions and actions performed by an individual, organism, system, or man-made entity in a particular environment. These systems include not only the inanimate physical environment, but also other systems and organisms.

The definition of behavior is the way a person or thing behaves or reacts. A child throwing a tantrum is an example of bad behavior. The chimpanzee behavior studied by scientists is an example of behavior. The way something works or works.

Someone's Behavior (See Sense of Behavior 1) I appreciated the gracious behavior of the hostess. Rewards were given to children who did good deeds. do your best.

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When workload heavily increased, a company maintained service performance by manually installing an additional load balanced server. What feature of the it architecture allowed this to occur?

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Scalability is the feature that the allows the company maintained service performance by manually installing an additional load balanced server.

What is scalability?

This is the term that is used to refer to the fact that a thing can be changed in its size or in its form. It has to do with the ability of a business to grow in size without having anything that would hamper its growth.

Here we can see that the growth in the workload did not affect the performance of the company. Despite the fact that they grew, they still continued to maintain  installing an additional load balanced server. Hence the answer is scalability.

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A weak company culture A. celebrates change and consensual decision-making. B. produces champions of innovation and creativity. C. creates harmonious subcultures along its value chain. D. promotes greed-driven and unethical behaviors. E. rewards consensus thinking.

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One thing that a weak company culture does is that it D. promotes greed-driven and unethical behaviors.

What is the effect of a weak company culture?

A weak company culture is one that allows for unethical behavior to be perpetrated with impunity.

Such a culture would give rise to greed as people try to outpace each other through unethical actions.

This means that there would be little teamwork and instead a toxic environment would be the order of the day. Such a company cannot hope to survive for too long before it crumbles.

In conclusion, option D is correct.

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Which report summarizes cash collections and cash expenditures from operation investing and financial activities over a period of time?

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Answer is statement of cash flows.

A cash flow statement is the financial statement that summarizes all the cash inflows received by the firm from continuing activities and the external investment sources. It also covers all the cash outflows used to fund corporate operations and the investments during a certain time period.

The financial statements of a firm provide investors and analysts with a picture of all the transactions that occur within the organization, where each transaction adds to its performance. The cash flow statement is seen to be the most straightforward of all financial statements since it tracks the cash generated by the firm in three ways: the operations, investment, and financing. The net cash flow is the total of all these three components.

Therefore, the answer is cash flow statement.

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The form of corporate growth used to minimize shocks in specific markets, exemplified by general electric when it entered markets for appliances, x-ray machines, and elevators, is known as:__________

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The form of corporate growth used to minimize shocks in specific markets, exemplified by general electric when it entered markets for appliances, x-ray machines, and elevators, is known as Diversification.

A corporation that uses diversification as a corporate development strategy creates new goods and services or enters other markets in addition to its current ones. A diversification strategy can help a struggling company get back on track or help already successful businesses grow even more.

By making investments in many sectors that would each respond to the same occurrence differently, it seeks to limit losses. Diversification is the most crucial element of achieving long-term financial goals while avoiding risk, according to the majority of investing specialists, even though it does not guarantee loss.

In other words, it entails making investments in various businesses. There are many advantages to investing in multiple businesses, but it may also be quite hazardous.

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The resistance from the product leaders is an example of resistance due to select one: a. not-invented-here syndrome. b. fear of the unknown

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The resistance from the product leaders is an example of resistance due to   not-invented-here syndrome

What is syndrome?

For example, Irritable Bowel Syndrome, Chronic Fatigue Syndrome, and Polycystic Ovary Syndrome are all more common in women, while the latter only occurs in women. A syndrome is defined by a collection of signs or symptoms.

A syndrome is a collection of medical indications and symptoms that are related to one another and are frequently associated with a specific disease or disorder. The word stems from the Greek v, which means "concurrence." When a syndrome is associated with a specific cause, it is referred to as a disease.

There is no cure for Down syndrome. Early intervention programs can aid in skill development. Speech, physical, occupational, and/or educational therapy may be included. Many people with Down syndrome live happy, productive lives with the right support and treatment.

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While utilizing management functions is important for any type of business owner, it becomes absolutely essential for entrepreneurs who?

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The answer is to decide to buy a franchise.

A franchise  is a method of distributing products or services that involves a franchisor, who establishes the brand's trademark or trade name as well as a business system, and a franchisee, who pays the royalty and, in many cases, it is an initial fee for the right to do the  business under the franchisor's name and system.

A franchise is an economic agreement between two businesses in which one authorizes the other to sell its products and intellectual property. Several fast food businesses, such as Dominos and McDonalds, operate in India through franchising.

As a result, the answer is decision to purchase a franchise.

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Typically, the ________ style of leader avoids dominating groups. autocratic laissez-faire authoritarian democratic

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Typically, the laissez-faire style of a leader avoids dominating groups.

In French, "laissez-faire" literally means "let someone do what they want". The origins of laissez-faire are associated with his group of 18th-century French economists, the Physiocrats, who believed that government policy should not interfere with the running of the natural economy.

An example of laissez-faire is the economic policies of capitalist countries. An example of laissez-faire is when homeowners can grow whatever they want in their front yard without asking for a city permit. Do not interfere in the affairs of others.

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You are tasked with creating a brand new food product using a team of people who are unfamiliar with the product and do not know one another. The organizational structure of this group is very loosely defined. This is an example of which type of challenge

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Adapting challenge tasked with creating a brand new food product using a team of people  are unfamiliar with the product and do not know one another. The organizational structure of this group is very loosely define.

Challenges to adaptation as societal or environmental situations, that, by means of making edition greater hard, increase the risks associated with any given degree of climate exchange.

Adaptability expands your potential to handle alternate, regardless of how critical it might be. rather than throwing away your electricity looking to trade your condition, you'll alternate yourself proper from within, therefore making you thrive in some thing situation you locate your self.

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In the __________ method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee during the entire rating period.

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In the critical incident method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee during the entire rating period.

What is critical incident method?

Critical incident method is an appraisal methods used for an employee.

The technique helps to check and analyze the behavior of an employee in a given company over a period of time.

This record can help to take critical actions and make important decision regarding the employee. It can also serve as pointer and reference for future decision.

Therefore, In the critical incident method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee during the entire rating period

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Azure inc. , an information technology company, uses a quartile strategy and positions itself in the third quartile to develop its compensation strategy. Tt targets pay ranges so that 25 percent of?

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Azure inc., an information technology company, uses a quartile strategy and positions itself in the third quartile to develop its compensation strategy. Tt targets pay ranges so that 25 percent of lead-the-market strategy.

Technology is the result of accumulated knowledge and the application of skills, methods and processes used in industrial production and scientific research.

Technology is the application of scientific knowledge to practical ends in human life, or, as it is sometimes expressed, in modifying and manipulating the human environment.

Technology includes the manufacture and use of tools, tools and machinery, the things themselves manufactured and used, and the needs and purposes they serve. The whole complex of these inventions is technology. Technology itself is an invention, or, in Latin, a means.

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What is the annual interest rate of a fully amortizing, 20-year fixed rate $175,000 mortgage, with a monthly payment of $1,266.41?

Answers

6.125% is the annual interest rate of a fully amortizing.

What is amortizing?

An amortising loan is a loan in banking and finance in which the principal of the loan is paid down throughout the life of the loan according to an amortisation plan, often through equal payments. Similarly, an amortising bond is one that repays a portion of the principal in addition to the coupon payments.

Amortization gives small businesses the benefit of having a consistent set payment amount that includes both interest and principal. An amortised loan spreads the principal along with the interest, resulting in a more manageable repayment plan.

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Profit margin is equal to ________.
a. net income divided by total owners' equity
b. net income divided by total assets
c. net income divided by sales
d. none of these

Answers

The correct answer is option C.

Profit margin is equal to net income divided by sales.

What is profit margin?One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits. Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter, that translates to $0.35 in net income for every $1 in sales.

Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.

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Answer: net income divided by sales

Explanation:

The fee that mutual funds use to help pay for advertising and promotional literature is called a __________.
a. back-end load fee.
b. operating expense fee.
c. front-end load fee.
d. 12b-1 fee.

Answers

d. 12b-1 fee

Hope this helps :)

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Explain the impact on an individuals communication skills and interaction on enviroment he value of x?ur answer in the box. need answer quickly! 35 points! What are the differences between grasses and legumes? advantages and disadvantages of each The federal reserve bank loaned money to banks and thrifts and charged an interest rate called the:_______. The projected worth (in millions of dollars) of a large company is modeled by the equation w = 241(1.03) t. the variable t represents the number of years since 2000. what is the projected annual percent of growth, and what should the company be worth in 2012? Prolongation of the qt interval caused by the use of certain drugs may result in ________. Which type of controller is best suited when you want all of the basic dml functions? which sentence contains the best example of a simile? a. docks jutted out into the stormy water of the bay. b. garth carried a suitcase as big as a cargo container. c. the football player was a bear; he was unstoppable. d. she's a complete einstein when it comes to math. If Emery has $1,400 to invest at 5% per year compounded monthly, how long will it be before he has $2,400? If the compounding iscontinuous, how long will it be? (Round your answers to three decimal places.) Water (3090 g ) is heated until it just begins to boil. if the water absorbs 5.09105 j of heat in the process, what was the initial temperature of the water? What does Steel mean by sitopia? Find the area of figure below, Which of the following is TRUE? A. There is no relation between humans and monkeys. B. A monkey decided one day to just stand up. C. Humans and monkeys share a common ancestor. When checking the condition of the visible parts during your pre-trip inspection, make sure that the _________ are secured against rubbing, snagging or wearing. "from each according to his ability, to each according to his need" is a fundamentally good idea. True or false?. The phenomenon of ""phantom limb"" is difficult to explain using the _____ of pain Find the sum of the convergent series. (round your answer to four decimal places. ) [infinity] (sin(9))n n = 1 Identify the vertex of the parabola ? Miriam charges $5 per trip for deliveries plus $0.50 per mile, If x= the number of milesMiriam drives for a trip and y = the total cost for a trip, which of these ordered pairs is asolution to the equation that describes this situation? (1 Point)(10, 10)(2,7)(12, 12)(5, 6.5) pleaseeeee helpppppppp