Gizmo company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases: activities allocated costs allocation base account inquiry (hours) $68,000 2600 hours account billing (lines) $34,000 17,000 lines account verification (accounts) $18,000 20,000 accounts correspondence (letters) $10,000 1400 lettersthe above activities are carried out at two of its regional offices. activities northeast office midwest office account inquiry (hours) 100 hours 250 hours account billing (lines) 16,000 lines 8000 lines account verification (accounts) 1900 accounts 700 accounts correspondence (letters) 50 letters 140 letterswhat is the cost per hour for the account inquiry activity? (round your answer to the nearest cent.) $2.00 $26.15 $7.14 $0.90

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

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Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.