Wember catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. the cost formula for catering supplies is $400 per month plus $90 per job plus $10 per meal. a typical job involves serving a number of meals to guests at a corporate function or at a host's home. the company expected its activity in september to be 15 jobs and 145 meals, but the actual activity was 11 jobs and 142 meals. the actual cost for catering supplies in september was $2,710. the catering supplies in the planning budget for september would be closest to:
$3,110
$3,200
$2,710
$2,810
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Ответ:
The correct answer would be option B, $3200.
Explanation:
Catering supplies = $400 per month
$90 per job Activity
$10 per meal
Expected activities OR Planning Budget of catering supplies would be:
Expected Job activity= 15
Expected Meals = 145
So Cost associated with them are as follows:
Expected Job Activity cost = 15 * 90
= 1350
Expected Meal Cost = 145 * 10
= 1450
Now Total catering supplies in the planning budget for September would be:
Catering Supplies + Expected Job Activity Cost + Expected Meal Cost
= 400 + 1350 + 1450
= $3200
Ответ:
$7,500 preferred stock, $12,500 common stock
Explanation:
Given that:
Total cash Dividend = $20,000
Preferred stock:
5,000 shares of $15-par, 10%
Therefore ;
preferred stock balance = number of share × price × rate
5000 × $15 × 0.1 = $7,500
Balance of common stock is therefore ;
Total cash Dividend - balance of preferred stock
$20,000 - $7,500 = $12,500