Use the Information Below to Answer the Following Question(s)

question 143

Multiple Choice

Use the information below to answer the following question(s) .
Balloon Arrangements produces balloon bouquets. The following information has been provided by management:

-Which denominator level is required by Canada Revenue Agency for income tax reporting?

• A) master-budget capacity without full proration of variances between inventories and cost of goods sold
• B) practical capacity without full proration of variances between inventories and cost of goods sold
• C) normal capacity with full proration of variances between inventories and cost of goods sold
• D) practical capacity with full proration of variances between inventories and cost of goods sold
• E) master-budget capacity with full proration of variances between inventories and cost of goods sold

---

Definitions:

Unemployment Rates

The share of the working population that is not employed but is in active pursuit of employment.

Improvements in Technology

Advances or upgrades in technological systems, processes, or products, leading to increased efficiency, productivity, or new capabilities.

Per-Worker Production Function

A mathematical representation of the output produced per worker, based on factors like technology and capital.

Diminishing Slope

usually refers to the principle of diminishing returns in economics, where the rate of return or yield decreases as more input is added.