Rients Corporation Is a Service Company That Measures Its Output

question 15

Multiple Choice

Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.
The spending variance for "Employee salaries and wages" for October would have been closest to:

• A) $700 F
• B) $5,800 U
• C) $700 U
• D) $5,800 F

Recognize indicators of social breakdown and strain.

Comprehend the requirements for the creation of a social movement.

Identify factors contributing to the emergence and structuring of social movements.

Acknowledge the role of political opportunities, stability, and elite conflicts in protest emergence.

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Definitions:

Present Value Concepts

Concepts that recognize that cash to be received (or paid) in the future is not the equivalent of the same amount of money received at an earlier date.

Net Cash Flows

The difference between cash inflows and cash outflows in a given period, reflecting the liquidity of a business.

Equal Cash Flows

Consistent payments or receipts over a period of time in an investment or finance context.

Fixed Intervals

Regular, specified periods of time between events or actions.