Ibsen clinic uses client-visits as its measure of activity. during december, the clinic budgeted for 3,300 client-visits, but its actual level of activity was 3,340 client-visits. the clinic has provided the following data concerning the formulas used in its budgeting and its actual results for december: data used in budgeting: fixed element per month variable element per client-visit revenue - $ 40.00 personnel expenses $ 32,400 $ 13.40 medical supplies 1,500 4.80 occupancy expenses 9,100 2.10 administrative expenses 6,700 0.40 total expenses $ 49,700 $ 20.70 actual results for december: revenue $ 134,170 personnel expenses $ 80,776 medical supplies $ 17,302 occupancy expenses $ 15,754 administrative expenses $ 8,296 the personnel expenses in the planning budget for december would be closest to: multiple choice $76,620 $77,156 $79,809 $80,776

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.