Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. save anter question 10 points loughry catering use

Save Anter Question 10 points Loughry Catering uses two measures of activity. jobs and meals,...

60.1K

Verified Solution

Question

Accounting

image
Save Anter Question 10 points Loughry 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 $530 per month plus $114 per job plus $16 per meal. A typical job involves serving a numriber of meals to guests at a corporate function or at a host's home. The company expected its activity in October to be 20 jobs and 233 meals, but the actual activity was 25 jobs and 234 meals. The actual cost for catering supplies in October was 56,600 The catering supplies in the flexible budget for October would be closest to O A $6,600 OB $5,699 OC $6.538 OD $7,124 Question 10 20

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Cantor et al. (1988) reported a study of the relationship between the regular use of hair...

Statistics
Q

Your organization has decided to implement the EHR system, and you have been appointed as a...

General Management
Q

Find the leading coefficient of the following polynomial 7 2x 3x x

Calculus
Q

x 1 7 lim x 1x 1

Calculus
Q

Infinite Geometric Series Find the sum of the infinite geometric series if possible 1 1...

Algebra
Q

Anna invested $28,000 in an account paying an interest rate of 6.5% compounded daily. Assuming...

Algebra
Q

Scenario Cartech Manufacturing is engaged in the production of replacement parts for automobiles....

Accounting
Q

At December 31 year-end, Camp Corporation has a $10,000 note receivable from a customer. Interest...

Accounting
Q

Why is time value of money important in accounting? Specifically, what accounting principles would require...

Accounting
Q

Callable preferred stock gives its holders the option of exchanging their preferred shares into common...

Accounting
Q

A financial analyst is attempting to assess the future dividend policy of Environmental Systems by...

Finance
Q

Stock Y has a beta of 1 and an expected return of 13.5 percent. Stock...

Finance