Bluemel Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $43,670 per month + $2,879 per flight + $10 per passenger. The company expected its activity in December to be 85 flights and 281 passengers, but the actual activity was 90 flights and 278 passengers. The actual cost for plane operating costs in December was $314,740. The plane operating costs in the flexible budget for December would be closest to:a. $ 305,560b. $314,740c. $308,324d. $291,195
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Bluemel Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Western Company is preparing a cash budget for June. The company has $11,200 in cash at the beginning of June and anticipates $30,800 in cash receipts and $36,100 in cash payments during June.
Answers (1)
Fighting Irish Incorporated pays its employees $5,600 every two weeks ($400/day). The current two-week pay period ends on December 28, 2021, and employees are paid $5,600.
Answers (1)
A job cost sheet is a form prepared for each separate job that records the materials, labour, and overhead costs charged to the job. True or False
Answers (1)
Morris motors has total assets of $123,800, sales of 130,000, a debt-equity ratio of 0.65, and net income of $7,100. what is the return on equity
Answers (1)
What is the first step to making sure that the product ends up in the correct spot on the shelf?
Answers (1)
New Questions in Business
Assume that Leeann consumes only two products, humus and yogurt (so all of her income is spent on these two goods). Let the price of humus be $1 and the price of yogurt be $0.50. Her original income is $5.
Answers (1)
Meaning is primary learners are not given other people's meanings to regurgitate there is a some sort of relationship to comparable real world activities task completion has some sort of priority the assessment of the task is in terms of outcome
Answers (1)
Which General Authority is quoted extensively in this chapter, making a prophecy that directly relates to productivity? A) Elder BednarB) Elder EyringC) Elder Oaks D) Elder Hales
Answers (1)
Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2, and $36,000 in Year 3. What is the present value of these cash inflows at a discount rate of 12 percent? a.$41,997.60 b.
Answers (1)
Assume a company's liquidity ratios all are less than 1.0 before it purchases inventory on credit. When it makes the purchase: a) Its current ratio decreases. b) Its quick ratio remains unchanged. c) Its quick ratio decreases.
Answers (1)