Lynne Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $480 per month+ $91 per job+ $14 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in June to be 10 jobs and 79 meals, but the actual activity was 14 jobs and 77 meals. The actual cost for catering supplies in June was $2,970. The catering supplies in the flexible budget for June would be closest to:.
a. $2,496.
b. $2,970.
c. $2,832.
d. $3,494.
Answers: 3
Business, 22.06.2019 01:00
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Business, 22.06.2019 08:00
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Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
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Lynne Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets an...
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