Coroid Corporation used the following data to evaluate their current operating system. The company sells items for $11 each and had used a budgeted selling price of $12 per unit.

Actual Budgeted
Units sold 280,000 units 275,000 units
Variable costs $900,000 $885,000
Fixed costs $55,000 $52,000
15) What is the static-budget variance of revenues?

A) $55,000 favorable

B) $220,000 favorable

C) $220,000 unfavorable

D) $55,000 unfavorable

16) What is the static-budget variance of variable costs?

A) $12,000 favorable

B) $12,000 unfavorable

C) $15,000 favorable

D) $15,000 unfavorable

17) What is the static-budget variance for operating income?

A) $238,000 favorable

B) $238,000 unfavorable

C) $235,000 favorable

D) $235,000 unfavorable

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance