Blog

Which of the following statements is true? A spending variance is the difference between the amount of the cost in the static planning budget and the amount of the cost in the flexible budget. A revenue variance is the difference between what the total sales revenue should be, given the actual level of activity of the period, and the actual total sales revenue. A revenue variance is unfavorable if the revenue in the static planning budget is less than the revenue in the flexible budget.

You must type your answer into the given box and show all your work. For Full credit, please follow the instructions below and show all the steps. Step 1. Type the provided values along with their units in the problem, and designate a specific symbol (standard) for each known value and value that you need to determine.  Step 2. Type the general equations that you will use to solve the problem using the variables (no numbers yet). Step 3. Show steps to utilize the provided values and their respective units to calculate the answer for the value you need to determine. Question: If a 12 Nm torque is required to turn a wheel, and the wheel’s radius is 0.4 meters, what force must be applied to the edge of the wheel which is perpendicular the radius of the wheel?

Rainbow Spaces uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,900 tenant-days, but its actual level of activity was 4,930 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting:   Fixed element per month Variable element per tenant-day Revenue 0 $ 35.40 Wages and salaries $ 2,100 $ 8.80 Food and supplies 1,300 15.30 Facility expenses 7,700 4.30 Administrative expenses 6,200 0.10 Total expenses $ 17,300 $ 28.50 Actual results for March: Revenue $ 150,135 Wages and salaries $ 28,680 Food and supplies $ 77,130 Facility expenses $ 28,225 Administrative expenses $ 7,108 The revenue variance for March would be closest to: Note: Be sure to include favorable or unfavorable, designated like this: $0,000U

Rambo Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,230 client-visits, but its actual level of activity was 2,220 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting:   Fixed element per month Variable element per client-visit Revenue $ 0 $ 54.40 Personnel expenses $ 29,500 $ 19.00 Medical supplies 730 9.00 Occupancy expenses 7,130 2.30 Administrative expenses 4,830 0.40 Total expenses $ 42,190 $ 30.70 Actual results for November: Revenue $ 121,289 Personnel expenses $ 66,565 Medical supplies $ 19,523 Occupancy expenses $ 11,270 Administrative expenses $ 5,359 The personnel expenses in the planning budget for November would be closest to:

Drift Coffee 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 7,400 units, but its actual level of activity was 7,350 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 $ 0 $ 34.90 Direct labor $ 0 $ 5.50 Direct materials 0 13.40 Manufacturing overhead 31,000 2.40 Selling and administrative expenses 26,200 0.20 Total expenses $ 57,200 $ 21.50 Actual results for May: Revenue $ 257,800 Direct labor $ 39,870 Direct materials $ 99,890 Manufacturing overhead $ 47,000 Selling and administrative expenses $ 30,540 The revenue variance for May would be closest to:

Identify what happens to the cell with each type of solution:

BONUS: 1. How prepared were you for this test? 2. What can you do to improve? 3. Are you doing the studyguides? 4. Did you do any recharges on the Smartbook assignments? 5. Did you go over your McGraw HiIll Quiz answers to see what you got wrong?    

  A client comes into the ER unresponsive, withdraws from pain or stimulus, and needs intubated to maintain the client’s airway.  What GVS would you give this client?

Assume that the tension in the cable is known and creates a force vector F applied to the pipe at B acting along BC.  Based on the information provided, to put the force F in Cartesian vector form you would use the following approach:  

You must type your answer into the given box and show all your work. For Full credit, please follow the instructions below and show all the steps. Step 1. Type the provided values along with their units in the problem, and designate a specific symbol (standard) for each known value and value that you need to determine.  Step 2. Type the general equations that you will use to solve the problem using the variables (no numbers yet). Step 3. Show steps to utilize the provided values and their respective units to calculate the answer for the value you need to determine. Question:  What is the temperature in Celsius and Kelvin when converted from 45° F?