The static budget, at the beginning of the month, for Amira Company follows: Static budget: Sales volume: 1 comma 000 units; Sales price: $ 70 per unit Variable costs: $ 33 per unit; Fixed costs: $ 36 comma 200 per month Operating income: $ 800 Actual results, at the end of the month, follows: Actual results: Sales volume: 990 units; Sales price: $ 74 per unit Variable costs: $ 35.00 per unit; Fixed costs: $ 33 comma 500 per month Operating income: $ 5 comma 110 Calculate the flexible budget variance for fixed costs.

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)