Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,100 units, but its actual level of activity was 5,050 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:

Fixed element per month Variable element per unit
Revenue - $ 39.60
Direct labor $ 0 $ 5.50
Direct materials 0 15.70
Manufacturing overhead 41,500 1.30
Selling and administrative expenses 22,700 0.20
Total expenses $ 64,200 $ 22.70
Actual results for May:

Revenue $ 197,810
Direct labor $ 28,565
Direct materials $ 80,265
Manufacturing overhead $ 47,905
Selling and administrative expenses $ 22,680
The revenue variance for May would be closest to:

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

What happens when a bank is required to hold more money in reserve?

What has caroline's payment history been like? support your answer with two examples