Harry Blackmun, manager of the Dry Goods Department at Goodright's Grocery, has a budget of $6,000 per month for the current year. This budget includes the allocation of $500 of storewide common costs based on the square feet occupied by Dry Goods. Recently, Dry Goods expanded its total store space to include household items that had not previously been included in the store. During the current month, Mr. Blackmun was overbudget by $700. The store manager was upset with the manager of Dry Goods and asked for an explanation. a. The budget overage may have been caused by the expansion of the Dry Goods Department. Is this statement true or false? True False b. What budget tool could Goodright's use to better evaluate its department managers? Flexible budget Fixed budget

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25