Solitaire Company's fixed budget performance report for June follows. The $330,000 budgeted expenses include $272,800 variable expenses and $57,200 fixed expenses. Fixed bidget Annual results Variance
Sales (in units) 8800 11,200
Sales (in dollars) $440,000 $560,000 $120,000F
Total expenses 330,000 392,000 62,000U
Income from operations 110,000 168,000 58,000F

Required:
Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.