Pristine Solution is a service company that measures its output by the number of customers served....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Pristine Solution is a service company that measures its output by the number of customers served. The company expects to collect $4,200 per customer served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes (see the table below).When the company prepared its planning budget at the beginning of July, it assumed that 33 customers would have been served. The amount shown for net operating income in the planning budget for July would have been closest to: Fixed cost per month Variable cost per customer served Employee salaries and wages $41,300 $1,200 Travel expenses $500 Other expenses $33,000 Pristine Solution is a service company that measures its output by the number of customers served. The company expects to collect $4,200 per customer served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes (see the table below).When the company prepared its planning budget at the beginning of July, it assumed that 33 customers would have been served. The amount shown for net operating income in the planning budget for July would have been closest to: Fixed cost per month Variable cost per customer served Employee salaries and wages $41,300 $1,200 Travel expenses $500 Other expenses $33,000
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Which one of the following considered the most effective control for cash disbursement: Select one: O a. Pay directly by cash O b. Pay by bank transfer O c. Pay by check O d. Always make credit sales
-
Consider three charges arranged as shown. 7.3 C --- 4.1 C 4.1 cm-3.4 cm -4 C What is the magnitude of the electric field strength at a point 1.9 cm to the left of the middle charge? The value of...
-
A country faced severe recession that resulted in loss of jobs and low-income levels, which in turn affected the lifestyles of the consumers. Some organizations shift its manufacturing activities to...
-
b) Calculate the Fault Level in MVA if a symmetrical bolted 3-phase fault occurs on the LV side of the 5MVA Transformer at 11kV c) The Tranformer impedance is 6% - Calculate the short circuit current.
-
Value Line estimates of sales and earnings growth for individual companies are derived by correlating sales, earnings, and dividends to appropriate components of the National Income Accounts such as...
-
Does it make sense for a single ISP to function as a CDN? If so, how would that work? If not, what is wrong with the idea?
-
On January 1,2010, you borrowed $10,000 on a five-year, 8% note payable. At December 31,2010, you should record a journal entry that includes which of the following? a. Note Payable of $10,000 b....
-
Paul Adams owns a health club in downtown Los Angeles. He charges his customers an annual fee of $500 and has an existing customer base of 600. Paul plans to raise the annual fee by 6 percent every...
-
What is the valuation and structure of the Roofing industry? What are the EBITDA multiples for this industry?
-
Make a comparative study of Verbal and Non-Verbal Communication. Based on your observation and analysis, justify which mode is more effective and why.
-
What athletes can you name who received criticism in a professional manner? What athletes or coaches responded in an aggressive, reactionary manner?
-
Describe and compare the four leadership styles of the pathgoal model of leadership.
-
Can college athletes use stress management to improve their performance?
-
How are BCF statements used?
-
What is meant by ownership of the problem?
-
Inscribe an essay on Commerce and arts in the Hudson.
-
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
-
Who has the responsibility to initiate communications when a change of auditors occurs? What specific inquiries should be made?
-
List the matters normally included in an audit engagement letter.
-
Describe four potential duties of audit committees.
Study smarter with the SolutionInn App