Business, 06.08.2019 01:20 rtabu

Troy company budgeted $12 million for customer service costs, but actually spent only$10 miliion. which of the following statements is the best course of action for management to take is this instance? a. management will investigat this $2 million favorable variance to ensure that the cost savings do not reflect skimping on customer service. b. because this $2 million variance is favorable, management does not need to investigate further. c. management will investigate this $2 million unfavorable variance to try to identify and correct the problem. d. management should not investigat every major variance, especially an unfavorable variance.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 16:00

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Answers: 2

Answer

Business, 22.06.2019 20:40

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.

Answers: 3

Answer

Business, 22.06.2019 23:40

John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?

Answers: 1

Answer

Business, 23.06.2019 02:30

Zendor company wants to have $200,000 available in august 2021 to make an equipment purchase. to be able to have this amount available, zendor will make equal annual deposits in an investment account earning 12% annually in june 2017, 2018, 2019, 2020, and 2021. what is the dollar amount that must be deposited each of those years to achieve this objective?

Answers: 3

Answer

You know the right answer?

Troy company budgeted $12 million for customer service costs, but actually spent only$10 miliion. wh...

Questions